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Microsoft results beat expectations as quarterly profits rise 20% to nearly $22B

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A Microsoft sign on the company’s redeveloped headquarters campus in Redmond, with renovation work ongoing in the background. (GeekWire Photo / Todd
Microsoft posted a 17% increase in revenue, to $61.9 billion, with $21.9 billion in profits, up 20%, and earnings of $2.94 per share, beating Wall Street’s expectations across the board for the third quarter of its 2024 fiscal year.

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