Microsoft Shocks Wall Street With Earnings Surprise

By | January 23, 2014

Scalper1 News

Microsoft surprised Wall Street with December-quarter earnings and sales that trounced expectations, but said nothing about its ongoing search for a new CEO. The Redmond, Wash.-based company late Thursday said it earned 78 cents a share in its fiscal second quarter, up 3% from the year-earlier quarter and beating the consensus forecast of analysts by 10 cents. Microsoft (MSFT) posted sales of $24.52 billion, up 14%, besting Wall Street’s target of Scalper1 News

Scalper1 News