Company News: Microsoft (MSFT) quarterly results beat analysts’ estimates

Market news

20 July 2016

Company News: Microsoft (MSFT) quarterly results beat analysts’ estimates

Microsoft reported Q4FY 2016 earnings of $0.69 per share (versus $0.62 in Q4 FY 2015), beating analysts' consensus estimate of $0.58.

The company's quarterly revenues amounted to $22.642 bln (+2.1% y/y), beating analysts' consensus estimate of $22.137 bln.

MSFT rose to $55.39 (+4.33%) in pre-market trading.

Major stock indexes in Europe show a positive trend

ZEW-CS-Indicator for the economic sentiment in Switzerland has fallen by 13.5 points

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