Microsoft beats Wall Street expectations on the top and bottom lines, and the company is inching closer to a $1 trillion market cap (MSFT)

Apr 24 2019 by Business Insider

 

Microsoft announced its earnings for the most recent quarter on Wednesday after the closing bell. 

The stock is gaining in after-hours trading, now up some 2% to about $128 per share, after sharing results that handily beat Wall Street analyst expectations on the top and bottom line.

Here's what Microsoft reported:

Revenue: $30.6 billion versus the $29.86 billion expected by Wall Street analysts — up 14% from the same period last year. EPS (GAAP): $1.14 per share versus $1 expected. Net...
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