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Azure Thrills, Bumps Up Microsoft's Q4 Revenues By 12 Percent

Azure Thrills, Bumps Up Microsoft's Q4 Revenues By 12 Percent
Microsoft Corp on Thursday reported fourth-quarter revenue that beat analysts' estimates.According to Reuters, the 12% rise in total revenue was powered by growth in its flagship cloud product Azure.Total revenue rose to $33.72 billion for the quarter ended June 30th.According to IBES data from Refinitiv, that number is above average analysts' estimates of $32.77 billion.