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Third-quarter revenue rose 57.7% to 383.55bn yuan, which the company credited to AI computing demand. Shares closed 7% lower at 15:00 Shanghai time on 29 October, before the report, per Sina Finance.
Q3 revenue rose 25% to $127.6bn; GAAP EPS fell to $2.12 from $2.87 as equity securities swung to an $8.7bn loss from a gain. Shares were 10.62% lower in still-moving after-hours trade at 6:06 PM ET.
Non-GAAP EPS of $4.89 was above a $4.71 Nasdaq.com consensus, and Microsoft Cloud growth sped up to 30%. Shares were 2.91% higher in still-moving after-hours trade at 4:57 PM ET.