Investing.com - Microsoft reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Microsoft announced earnings per share of $2.48 on revenue of $51.73B. Analysts polled by Investing.com anticipated EPS of $2.31 on revenue of $50.65B.
Microsoft shares are down 14% from the beginning of the year , still down 17.50% from its 52 week high of $349.67 set on Monday, November 22, 2021. They are under-performing the S&P Global 100 which is down 5.85% year to date.
Microsoft shares lost 3.20% in after-hours trade the report.
Microsoft follows other major Information Technology sector earnings this month
Microsoft's report follows an earnings beat by Taiwan Semiconductor on Thursday, January 13, 2022, who reported EPS of $1.16 on revenue of $15.85B, compared to forecasts EPS of $1.12 on revenue of $15.69B.
ASML ADR had beat expectations on Wednesday, January 19, 2022 with fourth quarter EPS of $4.98 on revenue of $5.66B, compared to forecast for EPS of $4.25 on revenue of $5.85B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar