Microsoft’s business beat Wall Street expectations for its first 3 weeks of 2021, Because of continuing demand for its cloud and software computing services throughout the pandemic
Microsoft’s business beat Wall Street expectations for its first few weeks of 2021, because of continuing demand for its cloud and software computing services throughout the pandemic.
The company on Tuesday reported financial third-quarter gain of $14.8 billion, up 38% in precisely the exact same period this past year.
Participants were expecting Microsoft to earn $1.78 per share on revenue of $41 billion to the financial quarter ending in March, according to FactSet.
The software maker posted earnings of $41.7 billion at the January-March period, up 19 percent from this past year.