Microsoft reveals strong cloud growth amid financial reporting overhaul

Microsoft reported $92.3 billion in revenue and $33.6 billion in net income for the first quarter of fiscal 2027. Revenue increased 19 percent and net income increased 32 percent compared to the same period in the prior year. The company implemented changes to its financial reporting structure in the new fiscal year.

• The Verge — Microsoft reveals strong cloud growth amid financial reporting overhaul

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