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Microsoft Earnings, Revenue Beat in Q1 By Investing.com



© Reuters. Microsoft Earnings, Revenue Beat in Q1

Investing.com – Microsoft (NASDAQ:) reported on Tuesday first quarter that beat analysts’ forecasts and revenue that topped expectations.

Microsoft announced earnings per share of $2.35 on revenue of $50.10. Analysts polled by Investing.com anticipated EPS of $2.32 on revenue of $49.86B.

Microsoft shares are down 25% from the beginning of the year, still down 28.32% from its 52 week high of $349.67 set on November 22, 2021.

Microsoft follows other major Information Technology sector earnings this month

Microsoft’s report follows an earnings beat by Taiwan Semiconductor on October 13, who reported EPS of $1.79 on revenue of $20.23B, compared to forecasts EPS of $1.65 on revenue of $19.44B.

ASML ADR had beat expectations on October 19 with third quarter EPS of $4.29 on revenue of $5.78B, compared to forecast for EPS of $3.96 on revenue of $5.68B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar



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