Microsoft Corporation Bottom Line Advances In Q3
(RTTNews) - Microsoft Corporation (MSFT) revealed earnings for its third quarter that increased from the same period last year.
The company's profit came in at $8.81 billion, or $1.14 per share. This compares with $7.42 billion, or $0.95 per share, in last year's third quarter.
Analysts had expected the company to earn $1.00 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 14.0% to $30.57 billion from $26.82 billion last year.
Microsoft Corporation earnings at a glance:
-Earnings (Q3): $8.81 Bln. vs. $7.42 Bln. last year. -EPS (Q3): $1.14 vs. $0.95 last year. -Analysts Estimate: $1.00 -Revenue (Q3): $30.57 Bln vs. $26.82 Bln last year.