Investing.com - Microsoft (NASDAQ:MSFT) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Microsoft announced earnings per share of $1.46 on revenue of $38.03B. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $36.43B.
Microsoft shares are up 34% from the beginning of the year and are trading at $206.87 , down-from-52-week-high.They are outperforming the S&P Global (NYSE:SPGI) 100 which is up 3.29% from the start of the year.
Microsoft shares lost 2.36% 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 Wednesday, July 15, 2020, who reported EPS of $0.79 on revenue of $10.55B, compared to forecasts EPS of $0.72 on revenue of $10.38B.
Accenture had beat expectations on Thursday, June 25, 2020 with third quarter EPS of $1.9 on revenue of $10.99B, compared to forecast for EPS of $1.86 on revenue of $10.72B.
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