Microsoft Q3 Earnings Beat, Lifted By Cloud Offerings

By | April 24, 2014

Scalper1 News

Software leader Microsoft late Thursday beat Wall Street’s target for earnings per share on in-line sales for the March quarter, citing momentum behind its cloud computing services. Microsoft (MSFT) earned 68 cents a share, down 6% from the year-earlier quarter but topping the consensus target of 63 cents among analysts polled by Thomson Reuters. Sales slipped a fraction to $20.4 billion from $20.49 billion, a shade over Wall Street’s forecast, Scalper1 News

Scalper1 News