Microsoft reports Q3 Intelligent Cloud revenue up 16% YoY to $22.08B, vs. $21.94B est., with Azure and other cloud services revenue up 27% YoY (Jordan Novet/CNBC)

Microsoft reports Q3 Intelligent Cloud revenue up 16% YoY to $22.08B, vs. $21.94B est., with Azure and other cloud services revenue up 27% YoY (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Microsoft reports Q3 Intelligent Cloud revenue up 16% YoY to $22.08B, vs. $21.94B est., with Azure and other cloud services revenue up 27% YoY  —  – Microsoft surpassed expectations on the top and bottom lines and beat estimates on quarterly revenue guidance.