PYMNTS.com April 30, 2025
Microsoft will continue investing in capital expenditures throughout its fiscal year 2026 after seeing its cloud and artificial intelligence (AI) offerings lead its revenue gains in the third quarter of fiscal year 2025.
“These investments, along with focused execution that delivers near-term value to our customers, will ensure we continue to lead through the cloud and AI opportunity ahead,” Microsoft Chief Financial Officer Amy Hood said Thursday (April 30) during the company’s quarterly earnings call.
Microsoft’s Intelligent Cloud business led the company’s revenue growth during the quarter ended March 31, according to a presentation released Wednesday in conjunction with the call.
The Intelligent Cloud business was up 21% year over year, while Productivity and Business Processes was up 10% and...
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