Microsoft's results beat Wall Street on the top and bottom lines

  • Microsoft’s fiscal first-quarter revenue and earnings, which it reported Wednesday, beat analysts’ expectations.
  • The company saw strong growth from many of its businesses and product lines, including gaming.
  • Azure, its cloud-computing service, grew at a 76% clip in the period.
  • Although impressive, that rate was the slowest in at least two years and represented a significant drop from the pace in the company’s fourth quarter.