Key Points
Analysts polled by FactSet expected Microsoft to post revenue of $51.02 billion for the quarter.AgenciesThe company reported a quarterly profit of $18.3 billion, or $2.45 per share, beating Wall Street expectations for earnings of $2.24..
Microsoft Corp beat Wall Street's estimates for quarterly revenue and profit on Tuesday, driven by growth in its cloud computing and Office productivity software businesses, and the company said artificial intelligence products were stimulating sales...
Shares gained 8.3% in after-market trading following a report by Redmond, Washington-based Microsoft that profits were $2.45 per share in the fiscal third quarter, beating Wall Street estimates of $2.23, according to data from Refinitiv...
The sales drop in the segment was less severe than analysts expected, with Microsoft reporting revenue of $13.3 billion versus analyst estimates of $12.19 billion, according to Refinitiv data...
The company's productivity segment, which includes its Office software and advertising sales for the LinkedIn social networking site, also beat analyst expectations with revenue of $17.5 billion versus estimates of $16.99 billion, according to Refinitiv...
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