Microsoft Corporation Bottom Line Advances In Q2, Beats Estimates

(RTTNews) - Microsoft Corporation (MSFT) revealed a profit for its second quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $24.11 billion, or $3.23 per share. This compares with $21.87 billion, or $2.93 per share, last year.

Analysts on average had expected the company to earn $3.11 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 12.3% to $69.632 billion from $62.020 billion last year.

Microsoft Corporation earnings at a glance (GAAP) :

-Earnings: $24.11 Bln. vs. $21.87 Bln. last year. -EPS: $3.23 vs. $2.93 last year. -Revenue: $69.632 Bln vs. $62.020 Bln last year.