REDMOND, Wash. (AP) — REDMOND, Wash. (AP) — Microsoft Corp. (MSFT) on Thursday reported fiscal third-quarter earnings of $21.94 billion.
The Redmond, Washington-based company said it had profit of $2.94 per share.
The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share.
The software maker posted revenue of $61.86 billion in the period, also surpassing Street forecasts. Fourteen analysts surveyed by Zacks expected $60.63 billion.
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