Microsoft Beats Street, Reports Strongest Q1 in 8 Years |
| PC World - Oct 26, 2007 |
Strong sales of new and old products alike led Microsoft to its fastest first-quarter growth in eight years, with the company reporting growth in all five business segments and both revenue and earnings per share (EPS) that beat analyst expectations.
Revenue for the fiscal quarter ended Sept. 30 was up 27 percent at US$13.76 billion compared to $10.81 billion a year ago, Microsoft said Thursday. Consensus estimates from Thomson First Call analysts were for the company to generate revenue of $12.57 billion. Microsoft's EPS for the quarter was $0.45, which also soundly beat Thomson First Call consensus estimate of $0.39. Net income for the quarter was $4.29 billion, a 23 percent increase over the $3.48 billion reported a year ago.
Read Full Article from PC World
- Posted: 2007-10-26 10:56:34
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