Microsoft Reports Fiscal Q1 Results; Shares Rise in Extended Trading
Microsoft reported fiscal first-quarter 2027 revenue of $92.28 billion, above analysts’ expectations, led by its cloud business. Shares rose in extended trading.
Shares of Microsoft Corp. rose in extended trading on Wednesday, October 28, after its results for the first quarter of fiscal 2027 turned out to be better than what analysts had anticipated led by its cloud business.Microsoft reported revenue of $92.28 billion during the quarter, higher than the…