Microsoft revamps reporting structure to give better visibility into cloud consumption revenue
Publishing timestamp: 2024-08-21 22:56:39
Summary
Microsoft is making changes to its revenue guidance to provide better visibility into its growing Azure cloud infrastructure business. The company is removing two components from its Azure and other cloud services growth metric, while adding revenue from search and news advertising. The changes aim to align how the business is managed, but some analysts are concerned that it may make it more difficult for investors to understand the health of core commercial subscriptions.
Sentiment: NEUTRAL
Keywords: technology, business news, amazon.com inc, breaking news: technology, business, enterprise, microsoft corp,