Microsoft Earnings, Revenue beat in Q2 By Investing.com

Microsoft (NASDAQ:MSFT) reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Microsoft announced earnings per share of $2.03 on revenue of $43.08B. Analysts polled by Investing.com anticipated EPS of $1.64 on revenue of $40.23B.

Microsoft shares are up 4% from the beginning of the year and are trading at $244.67 , down-from-52-week-high.They are outperforming the S&P 500 which is up 2.51% from the start of the year.

Microsoft shares gained 5.24% in after-hours trade the report.

Microsoft follows other major Technology sector earnings this month

Microsoft’s report follows an earnings beat by Taiwan Semiconductor on January 14, who reported EPS of $0.9851 on revenue of $12.93B, compared to forecasts EPS of $0.9362 on revenue of $12.85B.

Intel had beat expectations on Thursday with fourth quarter EPS of $1.52 on revenue of $19.98B, compared to forecast for EPS of $1.11 on revenue of $17.53B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar