Investing.com - Microsoft (NASDAQ:MSFT) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Microsoft announced earnings per share of $2.03 on revenue of $43.08B. Analysts polled by Investing.com anticipated EPS of $1.64 on revenue of $40.23B.
Microsoft shares are up 4% from the beginning of the year and are trading at $244.38 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 3.1% from the start of the year.
Microsoft shares gained 5.12% in after-hours trade following the report.
Microsoft follows other major Technology sector earnings this month
Microsoft's report follows an earnings beat by Taiwan Semiconductor on Thursday, January 14, 2021, who reported EPS of $0.9851 on revenue of $12.93B, compared to forecasts EPS of $0.9362 on revenue of $12.85B.
Intel had beat expectations on Thursday with fourth quarter EPS of $1.52 on revenue of $19.98B, compared to forecast for EPS of $1.11 on revenue of $17.53B.
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