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Microsoft beats quarterly revenue estimates

Credit: REUTERS/LUCY NICHOLSON

Microsoft Corp beat Wall Street estimates for quarterly revenue on Tuesday, as the software giant continued to benefit from a global shift to work and learning from home.

Oct 27 (Reuters) - Microsoft Corp MSFT.O beat Wall Street estimates for quarterly revenue on Tuesday, as the software giant continued to benefit from a global shift to work and learning from home.

The tech giant's revenue rose 12% to $37.2 billion in the first quarter ended Sept. 30, beating analysts' estimates of $35.72 billion, according to IBES data from Refinitiv.

(Reporting by Akanksha Rana in Bengaluru, Stephen Nellis in San Francisco and Jane Lee in Oakland, California; Editing by Maju Samuel)

((akanksha.rana@thomsonreuters.com; Twitter: @AkankshaRanaa;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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