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Microsoft: Fiscal Q3 Earnings Snapshot

Associated Press Finance
·1-min read

REDMOND, Wash. (AP) — REDMOND, Wash. (AP) — Microsoft Corp. (MSFT) on Thursday reported fiscal third-quarter earnings of $21.94 billion.

The Redmond, Washington-based company said it had profit of $2.94 per share.

The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share.

The software maker posted revenue of $61.86 billion in the period, also surpassing Street forecasts. Fourteen analysts surveyed by Zacks expected $60.63 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSFT at https://www.zacks.com/ap/MSFT