Update: Microsoft beats forecasts for Q2
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Microsoft beat Wall Street expectations for both revenue and EPS (earnings per share) for its fiscal 2008 second quarter, attributing its strong quarter to sales of core client products, such as Windows Vista and Office 2007, as well as Exchange and SharePoint server software.
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Microsoft reported quarterly sales and profit gains that surpassed Wall Streetâs expectations, and delivered an optimistic outlook.
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(MENAFN) The world&#39;s biggest software company, Microsoft Corp, said that its first quarter profits grew to $2.9 billion as consumers and businesses boosted demand for new computers, AFP reported.
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Microsoft Corp  lifted its  full-year forecasts and posted 23 percent quarterly profit  growth on Thursday, topping analysts' estimates on strong sales  of "Halo 3" and Vista, and sending its shares up 11 percent.
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Microsoft Corp  lifted its full-year estimates on Thursday after posting a 23 percent rise in quarterly profit, helped by strong demand for "Halo 3" and computers running its operating system, sending its shares up 12 percent.
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Second-quarter earnings at International Business Machines Corp. rose 12 percent and beat Wall Street forecasts Wednesday, largely on the strength of IBM's software division and improvement in its services unit.
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The software company beat Wall Streetâs projections as it claimed substantial gains over its rivals, SAP and I.B.M.
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Microsoft Corp. MSFT.O, the world's  largest software maker, on Thursday reported that its quarterly  profit doubled on stronger demand for personal computers and  video games as well as lower costs.
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Take-Two Interactive Software said Tuesday that it cut its quarterly net loss in half, but gave an outlook that fell short of Wall Streetâs expectations.
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Oracle Corp., posted a gain in fiscal second-quarter earnings Monday that beat Wall Street forecasts. The report was released three days earlier than originally scheduled because the
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Microsoft  reported a rise in  quarterly profit on Thursday, boosted by strong sales of its  Windows operating system, and the company raised its full-year  profit outlook, sending its shares up 4 percent.
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Microsoft Corp. , the world's largest software maker, on Thursday reported that its quarterly profit doubled on stronger demand for personal computers and video games as well as lower costs.
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Microsoft Corp. said its fiscal first-quarter earnings rose 11 percent, beating analysts&#39; expectations, as the company benefited from stronger-than-expected computer and server shipments.
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Microsoft posted its first-quarter 2005 financial results last week, reporting revenue of US$9.19 billion and net income of $2.9 billion.
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Stocks finished higher on Friday after an increased profit forecast by Microsoft Corp. boosted all three major indexes, while an upbeat outlook by lender Countrywide Financial Corp. stemmed fears of financial-sector losses.
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BREAKING NEWS - In early numbers from Microsoft prior to its quarterly financial results call to analysts this afternoon, the company reported revenue gains of 27% annually to $13.76 billion, and net income nicely higher by 23% annually to $4.29 billion, in what the company is calling its fastest first quarter of growth since 1999.
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Better performance and operational refinements top the list of improvements over Windows Vista Beta 2.