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

Market news

30 January 2020

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

Microsoft (MSFT) reported Q2 FY 2020 earnings of $1.51 per share (versus $1.10 per share in Q2 FY 2019), beating analysts' consensus estimate of $1.27 per share.

The company's quarterly revenues amounted to $36.906 bln (+13.7% y/y), beating analysts' consensus estimate of $35.683 bln.

The company also issued in-line guidance for Q3 FY 2020, projecting) revenues of $34.1-34.9 bln versus analysts' consensus estimate of $34.15 bln.

MSFT rose to $173.50 (+3.25%) in pre-market trading.

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