Microsoft is out with its earnings and beat on the top and bottom lines:
EPS$2.94 versus $2.82 estimateRevenues of $61.869 versus $60.82 billion estimate
other details:
productivity and business processes $19.57 billion versus $19.54 billion estimateintelligent cloud $26.7 billion versus expected $26.25 billionmore personal computing $15.58 billion was expected $15.07 billion expected
Microsoft shares are trading higher by $21 or 5.5% in after-hours trading
This article was written by Greg Michalowski at www.forexlive.com.