Microsoft reports strong cloud growth and financial results in Q1 2027

Microsoft announced its financial results for the first quarter of fiscal year 2027, reporting $92.3 billion in revenue and $33.6 billion in net income. The company experienced a 19 percent increase in revenue and a 32 percent rise in net income, coinciding with changes to its financial reporting structure. This announcement highlights Microsoft's continued growth in its cloud business amid a financial reporting overhaul.

Originally published by theverge