Microsoft: Fiscal Q2 Earnings Snapshot
REDMOND, Wash. (AP) _ Microsoft Corp. (MSFT) on Tuesday reported fiscal second-quarter profit of $16.43 billion. The Redmond, Washington-based comp...
REDMOND, Wash. (AP) _ Microsoft Corp. (MSFT) on Tuesday reported fiscal second-quarter profit of $16.43 billion. The Redmond, Washington-based company said it had net income of $2.20 per share. Earnings, adjusted for severance costs, came to $2.32 per share. The results topped Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share. The software maker posted revenue of $52.75 billion in the period, which fell short of Street forecasts.