Microsoft Corporation (MSFT) announced a profit for its first quarter that increased from last year.
The company's earnings totaled $10.68 billion, or $1.38 per share. This compares with $8.82 billion, or $1.14 per share, in last year's first quarter.
Analysts had expected the company to earn $1.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 13.7% to $33.05 billion from $29.08 billion last year.
Microsoft Corporation earnings at a glance:
-Earnings (Q1): $10.68 Bln. vs. $8.82 Bln. last year.
-EPS (Q1): $1.38 vs. $1.14 last year.
-Analysts Estimate: $1.24
-Revenue (Q1): $33.05 Bln vs. $29.08 Bln last year.
For comments and feedback contact: editorial@rttnews.com