Lumen Technologies hires Sean Alexander as head of Connected Ecosystems
Investing.com - Microsoft reported on Tuesday first quarter earnings 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 EPS of $2.32 on revenue of $49.86B.
Microsoft 's are down 25% and is trading at $250.66 , still down 28.32% from its 52 week high of $349.67 set on Monday, November 22, 2021.
Microsoft follows other major Information Technology sector earnings this month
Microsoft's report follows an earnings beat by Taiwan Semiconductor on Thursday, October 13, 2022, who reported EPS of $1.79 on revenue of $20.23B, EPS of $1.65 on revenue of $19.44B.
ASML ADR had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $4.29 on revenue of $5.78B, for EPS of $3.96 on revenue of $5.68B.
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