28.01.2016 22:13:12
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Microsoft Corporation Profit Rises 8% In Q2
(RTTNews) - Microsoft Corporation (MSFT) revealed earnings for its second quarter that rose from last year.
The company said its bottom line advanced to $6.28 billion, or $0.78 per share. This was up from $5.79 billion, or $0.70 per share, in last year's second quarter.
Analysts had expected the company to earn $0.71 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 1.7% to $25.69 billion. This was down from $26.14 billion last year.
Microsoft Corporation earnings at a glance:
-Earnings (Q2): $6.28 Bln. vs. $5.79 Bln. last year. -Earnings Growth (Y-o-Y): 8.5% -EPS (Q2): $0.78 vs. $0.70 last year. -EPS Growth (Y-o-Y): 11.4% -Analysts Estimate: $0.71 -Revenue (Q2): $25.69 Bln vs. $26.14 Bln last year. -Revenue Change (Y-o-Y): -1.7%
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