Markets

Microsoft Corporation Q1 Income Advances

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

The company's earnings totaled $10.68 billion, or $1.38 per share. This compares with $8.82 billion, or $1.14 per share, in last year's first quarter.

Analysts had expected the company to earn $1.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.7% to $33.05 billion from $29.08 billion last year.

Microsoft Corporation earnings at a glance:

-Earnings (Q1): $10.68 Bln. vs. $8.82 Bln. last year. -EPS (Q1): $1.38 vs. $1.14 last year. -Analysts Estimate: $1.24 -Revenue (Q1): $33.05 Bln vs. $29.08 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.

In This Story

MSFT

Latest Markets Videos