Microsoft reports $30.6 billion in Q3 2019 revenueChristian Fernsby ▼ | | 37 minutes ago
Microsoft All three of the company’s operating groups saw year-over-year growth
Microsoft reported earnings for its third fiscal quarter of 2019, including revenue of $30.6 billion, net income of $8.8 billion, and earnings per share of $1.14 (compared to revenue of $26.8 billion, net income of $7.4 billion, and earnings per share of $0.95 in Q3 2018).
Analysts had expected Microsoft to earn $29.8 billion in revenue and report earnings per share of $1.00.
The company thus easily beat expectations.
The company’s stock was down 0.34% in regular trading, but up some 3% in after-hours trading.
Microsoft said it returned $7.4 billion billion to shareholders in the form of share repurchases and dividends during the quarter. ■
What to read next