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Microsoft Corp reported a 3.6% rise in quarterly profit

Microsoft Corp reported a 3.6% rise in quarterly profit

Friday, January 27, 2017, 9:51 AM

Microsoft Corp reported a 3.6% rise in quarterly profit on Thursday, powered by a surge in demand for the company's flagship cloud platform Azure. The company’s net income rose to $5.20 billion, in the second quarter ended Dec. 31, from $5.02 billion, a year earlier. Adjusted revenue rose to $26.07 billion from $25.51 billion.
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