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Google Cloud generated third-quarter revenue of $8.41 billion, compared with $6.87 billion in the year-ago quarter. By contrast, revenue from Microsoft's Intelligent Cloud unit, which houses the Azure cloud computing platform, grew to $24.3 billion, compared with analysts' estimate of $23.49 billion, LSEG data showed. Azure revenue rose 29%, higher than a 26.2% growth estimate from market research firm Visible Alpha. Within the company's advertising segment, YouTube ads reported revenue of $7.95 billion compared with $7.07 billion last year. Revenue for the quarter ended Sept. 30 stood at $76.69 billion, compared with estimates of $75.97 billion, according to LSEG data.
Persons: Paresh Dave, Jesse Cohen, Akash Sriram, Max A, Anil D'Silva, Aurora Ellis Organizations: REUTERS, Google, Alpha, Microsoft, Revenue, Thomson Locations: Mountain View , California, U.S, , California, Bengaluru, Max, San Francisco
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