Microsoft Corporation ( MSFT ) announced a profit for its third quarter that rose from the same period last year.
The company’s bottom line totaled $7.42 billion, or $0.95 per share. This compares with $5.49 billion, or $0.70 per share, in last year’s third quarter.
Analysts had expected the company to earn $0.85 per share, according to figures compiled by
Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 15.6% to $26.82 billion from $23.21 billion last year.
Microsoft Corporation earnings at a glance:
-Earnings (Q3): $7.42 Bln. vs. $5.49 Bln. last year. -EPS (Q3): $0.95 vs. $0.70 last year. -Analysts Estimate: $0.85
-Revenue (Q3): $26.82 Bln vs. $23.21 Bln last year.
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