Microsoft (MSFT) Q3 2024 Earnings Call Transcript

From Nasdaq: 2024-04-25 21:45:19

Microsoft reported record third quarter earnings, with their Cloud revenue exceeding $35 billion, up 23%. Azure continues to gain market share, with AI accelerators from multiple providers. The number of $100 million+ Azure deals increased by over 80% year-over-year, while Power BI now has over 350,000 paid customers. GitHub Copilot has 1.8 million paid subscribers, driving growth across the platform. Power Apps has over 25 million monthly active users, up over 40% year-over-year.



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