Investing.com - Microsoft reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Microsoft announced earnings per share of $2.27 on revenue of $45.32B. Analysts polled by Investing.com EPS of $2.07 on revenue of $43.93B.
Microsoft 's are up 39% and is trading at $309.54 , still down 0.77% from its 52 week high of $312.39 set on Tuesday, October 26, 2021.
Microsoft shares lost 0.14% to trade at $309.54 in after-hours trade the report.
Microsoft follows other major Information Technology sector earnings this month
Microsoft's report follows an earnings matched by IBM on Wednesday, October 20, 2021, who reported EPS of $2.52 on revenue of $17.62B, EPS of $2.52 on revenue of $17.79B.
Micron had beat expectations on Tuesday, September 28, 2021 with fourth quarter EPS of $2.42 on revenue of $8.27B, for EPS of $2.33 on revenue of $8.23B.
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