Microsoft rides the cloud, Office and Windows to sustained growth in Q3 2022
Posted On April 26, 2022
Microsoft’s third quarter 2022 financial results are here, and the company’s posting double-digit growth yet again: revenue of $49.4 billion and net income of $16.7 billion. Revenue is up 18 percent, and that profit represents an 8 percent jump year over year. Microsoft is crediting a chunk of this quarter’s growth to the cloud with server and cloud services revenue up 29 percent.