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Friday, January 28, 2011
Microsoft Grows Revenues 5% In 2nd Quarter To $19.95 Billion [Slides]
Microsoft just released positive earnings for the fifth quarter in a row, with second quarter revenues of $19.95 billion, a 5% increase from last year. Diluted earnings per share were $0.77 per share. The company beat the street as analysts expected revenue to come in at $19.14 billion and diluted earnings per share of $0.68. Operating income and net income for the quarter were $8.17 billion and $6.63 billion, a decrease of 4% and 0.4%, respectively, over the same time last year.