Microsoft Search and Advertising revenue up 3.4% in Q1

Microsoft Search and Advertising revenue up 3.4% in Q1

Microsoft’s advertising business posted lackluster growth in the first quarter of 2023.  Advertising and search revenue increased 3.4% to just over $3 billion during the period, including traffic acquisition costs that Microsoft pays to publishers. The company attributed the increase to higher search volume and its acquisition of Xandr, an ad buying platform it acquired […]

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