Thursday, October 18, 2012

Microsoft bounces back to profitability in Q3, posts EPS of $0.55 on $16.01 billion in revenue

Microsoft bounces back to profitability in Q3, posts EPS of $0.55 on $16.01 billion in revenue

. Microsoft (MSFT) has a lot going on ahead of next week's Windows 8 launch, what with it being in the early stages of a major shift. With plenty on its plate, the company took time away fromĂ‚ introducing the world to the new MicrosoftĂ‚ to report its financial results for the first quarter of fiscal 2013. Wall Street's EPS expectations had fallen from $0.60 to the current analyst consensus of $0.57 per share, and revenue estimates averaged $16.45 billion leading up to Thursday's earnings release. The numbers are now in and Microsoft narrowly missed expectations, posting a profit of $0.55 per share on $16.01 in sales.

Boy Genius Report , Microsoft bounces back to profitability in Q3, posts EPS of $0.55 on $16.01 billion in revenue, Microsoft bounces back to profitability in Q3, posts EPS of $0.55 on $16.01 billion in revenue

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