Microsoft Corp reported a 17% increase in Q3 revenue to $61.9 billion, surpassing estimates of $60.804 billion, with earnings of $2.94 per share beating the $2.82 forecast. This marks the fifth consecutive quarter Microsoft has exceeded analyst expectations. Revenue growth was seen across Productivity and Business Processes (12%), Intelligent Cloud (21%), and More Personal Computing (17%), highlighted by a 62% increase in Xbox content and services revenue. CEO Satya Nadella emphasized Microsoft's AI transformation through Copilot technologies. The company returned $8.4 billion to shareholders and did not provide future guidance in the earnings release. After hours, MSFT shares rose 6.01% to $421.96.