MSFT

Microsoft Corporation Announces Increase In Q1 Profit

(RTTNews) - Microsoft Corporation (MSFT) reported a profit for its first quarter that climbed from last year.

The company's earnings came in at $13.89 billion, or $1.82 per share. This compares with $10.68 billion, or $1.38 per share, in last year's first quarter.

Analysts had expected the company to earn $1.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.4% to $37.15 billion from $33.06 billion last year.

Microsoft Corporation earnings at a glance:

-Earnings (Q1): $13.89 Bln. vs. $10.68 Bln. last year. -EPS (Q1): $1.82 vs. $1.38 last year. -Analysts Estimate: $1.54 -Revenue (Q1): $37.15 Bln vs. $33.06 Bln last year.

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

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.