Microsoft Reports ‘Blowout’ Quarter As Azure Revenue Surges 50 Percent

Source:- Microsoft is seeing a re-acceleration of growth in its Azure cloud platform, which helped drive results that blew past Wall Street expectations for the company’s latest quarter. The Redmond, Wash.-based company on Tuesday reported that revenue for Azure spiked 50 percent during its fiscal second quarter of 2021, ended Dec. 31, compared to the same period a year earlier. That’s even faster growth than during Microsoft’s previous quarter sequentially, when Azure revenue had climbed 48 percent year-over-year. In total,

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