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Microsoft Q3, FY21, Revenue $41.7bln, Up 19pct, Net Income $17bln Up 31pct

         

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10:31 am on Apr 28, 2021 (gmt 0)

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Microsoft reported its Q3, FY21 figures with revenue of $41.7 billion, up 19%, and net income of $17.0 billion, up 31%.

Search advertising revenue, excluding traffic acquisition costs increased, 17%.
“Over a year into the pandemic, digital adoption curves aren’t slowing down. They’re accelerating, and it’s just the beginning,” said Satya Nadella, chief executive officer of Microsoft. “We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform.”

“The Microsoft Cloud, with its end-to-end solutions, continues to provide compelling value to our customers generating $17.7 billion in commercial cloud revenue, up 33% year over year," said Amy Hood, executive vice president and chief financial officer of Microsoft.


[microsoft.com...]

Earlier story
Microsoft Q2, FY21, Revenue $43.1bln, Up 17pct, Net Income $15.5bln Up 33pct [webmasterworld.com]