Microsoft exceeded analysts’ predicted estimates for profit, but fell just slightly short of revenue forecasts in its latest quarterly results.
For its fiscal third quarter, which ended March 31, Microsoft posted earnings per share of 72 cents on revenue of $20.49 billion. It reported $6.06 billion in profit.
That’s an 18 percent increase in revenue and 19 percent increase in profit from the same quarter last year.
Analysts’ consensus estimate for Microsoft’s third quarter was earnings per share of 68 cents on revenue of $20.66 billion.
The full story — with updates to come later this afternoon – is here.