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

Market news

30 April 2020

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

Microsoft (MSFT) reported Q1 FY 2020 earnings of $1.40 per share (versus $1.14 per share in Q1 FY 2019), beating analysts' consensus estimate of $1.25 per share.

The company's quarterly revenues amounted to $35.021 bln (+14.6% y/y), beating analysts' consensus estimate of $33.699 bln.

The company also issued in-line guidance for Q2 FY 2020, projecting revenue of $35.85-36.80 bln versus analysts' consensus estimate of $36.40 bln.

MSFT rose to $182.00 (+2.58%) in pre-market trading.

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