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27.04.2017 22:24:20

Microsoft Corporation Announces 13% Increase In Q3 Bottom Line

(RTTNews) - Microsoft Corporation (MSFT) reported a profit for its third quarter that advanced from last year.

The company said its bottom line totaled $5.72 billion, or $0.73 per share. This was higher than $5.04 billion, or $0.63 per share, in last year's third quarter.

Analysts had expected the company to earn $0.70 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.3% to $23.56 billion. This was up from $22.16 billion last year.

Microsoft Corporation earnings at a glance:

-Earnings (Q3): $5.72 Bln. vs. $5.04 Bln. last year. -Earnings Growth (Y-o-Y): 13.5% -EPS (Q3): $0.73 vs. $0.63 last year. -EPS Growth (Y-o-Y): 15.9% -Analysts Estimate: $0.70 -Revenue (Q3): $23.56 Bln vs. $22.16 Bln last year. -Revenue Change (Y-o-Y): 6.3%

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