Investing.com - Microsoft (NASDAQ:MSFT) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Microsoft announced earnings per share of $2.35 on revenue of $50.10. Analysts polled by Investing.com anticipated EPS of $2.32 on revenue of $49.86B.
Microsoft shares are down 25% from the beginning of the year and are trading at $250.66 , down-from-52-week-high.
Microsoft follows other major Information Technology sector earnings this month
Microsoft's report follows an earnings beat by Taiwan Semiconductor on Thursday, October 13, 2022, who reported EPS of $1.79 on revenue of $20.23B, compared to forecasts EPS of $1.65 on revenue of $19.44B.
ASML ADR had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $4.29 on revenue of $5.78B, compared to forecast for EPS of $3.96 on revenue of $5.68B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar