iBankCoin
Joined Nov 11, 2007
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$MSFT Beats Expectations

“Microsoft (MSFT) shares rose 3% in after-hours trading Thursday after the software leader released March-quarter earnings that beat views on slightly less-than-expected sales.

The company also announced its chief financial officer is leaving at the end of the current quarter.

Microsoft earned 72 cents a share, up 20% from the year-earlier quarter and besting Wall Street’s target of 68 cents, for its fiscal third quarter. Sales rose 18% to $20.49 billion, just shy of the $20.53 billion analysts expected….”

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