Microsoft Beats Earnings After Raising Prices for Office; stocks rise after strong forecast
Microsoft Corp. on Tuesday eclipsed profit and sales estimates and produced stronger-than-expected revenue across its business segments in an earnings report, and shares rose after executives’ forecasts also beat estimates. Microsoft MSFT, -3.74% reported third-quarter fiscal earnings of $ 16.73 billion, or $ 2.22 per share, compared with $ 2.03 per share a year ago. …
