Microsoft (MSFT) Tops Q3 EPS by 3c, Qtr Gaming Revs Up 4%, Office Cons. Product/Cloud Srvs. Revs Up 15%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Microsoft Surface sales sink, shares dip
April 27, 2017 4:46 PM EDTBy Pushkala A and Stephen Nellis
(Reuters) - Microsoft Corp slightly missed Wall Street's average revenue estimate for the latest quarter on Thursday, as sales of its Surface tablets and laptops slumped in the face of revamped competition in the personal computer market.
Shares of the world's largest software company fell 0.6 percent to $67.85 in trading after the bell.
Under Chief Executive Satya Nadella, who took the helm in 2014, Microsoft has sharpened its focus on the fast-growing cloud computing unit to counter a prolonged slowdown in the PC market, which has weighed on demand for its Windows software.
... MoreMicrosoft's quarterly profit rises 27.8 percent
April 27, 2017 4:20 PM EDT(Reuters) - Microsoft Corp (NASDAQ: MSFT) reported a 27.8 percent increase in quarterly profit on Thursday, lifted by robust demand for its cloud computing services.
The company's net income rose to $4.80 billion, or 61 cents per share, in the third quarter ended March 31, from $3.76 billion, or... More
