Microsoft shares rose more than 6% in extended trading on Wednesday after the company reported better-than-expected quarterly results.
Here’s how the company performed in comparison with LSEG consensus:
* **Earnings per share:** $3.46 vs. $3.22 expected
* **Revenue:** $70.07 billion vs. $68.42 billion expected
Microsoft’s revenue grew 13% year over year in the quarter, which ended on March 31, according to a statement.
The company said Azure revenue grew 33%, with 16 points of the growth associated with AI. Analysts polled by StreetAccount and CNBC had anticipated 30.3% and 29.7% Azure growth, respectively.
During the quarter, which ended on March 31, Microsoft announced an adjustment to its relationship with key AI partner OpenAI. The company said it would have a right of first refusal when OpenAI wants new computing capacity, but won’t always have to deliver it. On the same day, OpenAI announced the Stargate AI infrastructure project alongside Oracle and SoftBank at the White House.
Source: [https://www.cnbc.com/2025/04/30/microsoft-msft-q3-earnings-report-2025.html](https://www.cnbc.com/2025/04/30/microsoft-msft-q3-earnings-report-2025.html)
