Microsoft’s cloud products are “certainly a very important engine for us going forward,” said James Ambrose, Microsoft’s director of investor relations.

Shares of Microsoft stock jumped more than 8 percent in after-hours trading.

Microsoft, like many other technology companies, has been hindered by the sluggish economy after substantial growth during the pandemic. The company said in January that it would lay off 10,000 employees.

The company’s Windows business has slumped as the global market for personal computer sales has slowed. Revenue from Microsoft’s personal computing segment in its most recent quarter was $13.3 billion, a 9 percent decrease from a year earlier. Within that category, revenue from Windows OEM — original installations of Windows software on new computers — sank 28 percent, and devices revenue was down 30 percent.

Revenue from Microsoft’s video game segment, its most important consumer business, was down 4 percent from a year earlier, as Xbox hardware sales fell 30 percent.

Still, Microsoft’s stock has remained strong, buoyed in part by the company’s foray into the booming field of artificial intelligence.