Microsoft: Fiscal Q2 Earnings Snapshot

REDMOND, Wash. (AP) — REDMOND, Wash. (AP) — Microsoft Corp. (MSFT) on Wednesday reported fiscal second-quarter earnings of $24.11 billion.

The Redmond, Washington-based company said it had net income of $3.23 per share.

The results surpassed Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $3.11 per share.

The software maker posted revenue of $69.63 billion in the period, which also beat Street forecasts. Thirteen analysts surveyed by Zacks expected $68.7 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSFT at https://www.zacks.com/ap/MSFT