Microsoft Jumps 6% On Profit, Revenue Beat In Its FQ1

Today Microsoft reported the financial performance it recorded during the first quarter of its fiscal 2016. Microsoft generated $0.67 in adjusted per-share profit off non-GAAP revenue of $21.66 billion in the three-month period. Analysts had expected the Redmond-based software shop to earn an adjusted $0.59 per share, on revenue of $21.03 billion. Microsoft also reported GAAP revenue of $2.04…
V247