• Call Us : +91 44 2473 4748, +91 9444 66 4748 , Email : info@ictindya.com

Web-application-global-application-hosting

Microsoft beats estimates with $22.3 billion in quarterly revenue

This afternoon, Microsoft announced better-than-expected revenue of $22.3 billion, beating financial analysts’ consensus estimates, which came in just under $22 billion. Earnings per share were also higher than expected at $0.76. Net income was $6.0 billion.

Microsoft stock is up in after-hours trading.

Revenue rose in most of Microsoft’s business units, including its all-important Intelligent Cloud unit. However, “More Personal Computing,” which includes Windows, Windows Phone, Xbox and Search, saw an aggregate decline. Total revenue there was down roughly two percent to just over $9 billion.

This afternoon, Microsoft announced better-than-expected revenue of $22.3 billion, beating financial analysts’ consensus estimates, which came in just under $22 billion. Earnings per share were also higher than expected at $0.76. Net income was $6.0 billion.

Microsoft stock is up in after-hours trading.

Revenue rose in most of Microsoft’s business units, including its all-important Intelligent Cloud unit. However, “More Personal Computing,” which includes Windows, Windows Phone, Xbox and Search, saw an aggregate decline. Total revenue there was down roughly two percent to just over $9 billion.