Company news: Microsoft (MSFT) quarterly results beat analysts’ forecasts

Microsoft (MSFT) reported Q3 FY2023 earnings of $2.45 per share (versus $2.22 per share in Q3 FY2022), beating analysts’ consensus estimate of $2.23 per share.

The company’s quarterly revenues amounted to $52.857 bln (+7.1% y/y), beating analysts’ consensus estimate of $51.014 bln.

MSFT rose to $297.28 (+7.94%) in pre-market trading.