REDMOND, Wash. (AP) — REDMOND, Wash. (AP) — Microsoft Corp. (MSFT) on Tuesday reported fiscal first-quarter earnings of $22.29 billion.
The Redmond, Washington-based company said it had profit of $2.99 per share.
The results surpassed Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $2.65 per share.
The software maker posted revenue of $56.52 billion in the period, also surpassing Street forecasts. Thirteen analysts surveyed by Zacks expected $54.4 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
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