Microsoft CEO Satya NadellaReuters/Shannon Stapleton

Microsoft beat on both the top and bottom lines.

The tech giant said sales growth at its Azure cloud-computing unit slowed.

Shares were up more than 3% following the results.

Watch Microsoft trade live here.

Microsoft was gaining ground ahead of Thursday's opening bell after reporting fiscal first-quarter results that topped Wall Street estimates but included a slowdown in revenue growth from its cloud-computing unit.

The text above is a summary, you can read full article here.