News and Articles About Revenue
"We passed an important milestone this quarter in achieving higher monetization of mobile users than non-mobile users for the first time," Chief Financial Officer Maggie Wu said.
Its shares were up 5.4 percent in after-hours trading at $130.01, after hitting their highest since the company went public in 2012.
Sharp growth in its commercial cloud computing business helped lift Microsoft Corp.'s quarterly revenue above Wall Street's expectations.
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The total value of goods transacted on its platforms on China retail marketplaces, rose 24 percent.
The company -- which owns multiple dating websites, including OKCupid, Tinder and Match.com -- said its average paid-member count increased 36 percent in the first quarter.
The retailer's cloud-based arm and its Prime program are driving the success.
Shares increased almost 13 percent on Thursday.
Shares, which have lost more than a third of their value since the company reported fourth-quarter results on Feb. 4, rose 7.6 percent in extended trading on Thursday.
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This projection is based on the company increasing advertising efforts and some brands reportedly willing to paying $10 million for 'sponsored lenses..'
Think Microsoft and Apple made the list? Think again.
A new study ranks the top 10 American towns to launch a business – and the results might surprise you.