Correction: Microsoft's Azure revenue growth slows in December quarter, shares fall - Dealers Care

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Thursday, 31 January 2019

Correction: Microsoft's Azure revenue growth slows in December quarter, shares fall

(Reuters) - (Corrects Azure market share in paragraph 9 to 17 percent from 18 percent) Microsoft Corp on Thursday reported results largely in line with Wall Street's targets, though Azure cloud computing sales grew more slowly in the December quarter than a year earlier. Earnings per share slightly exceeded expectations, but the software maker's stock fell 2 percent in extended trade after surging 3.3 percent earlier in a broader tech rally

from Latest News Business on Firstpost http://bit.ly/2Rq9WS8

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