Investing.com - Microsoft (NASDAQ:MSFT) reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.08 on revenue of $32.47B. Analysts polled by Investing.com expected EPS of $1.09 on revenue of $32.53B. That compared to EPS of $0.96 on revenue of $28.92B in the same period a year earlier. The company had reported EPS of $1.14 on revenue of $29.08B in the previous quarter.
Microsoft shares lost 2.28% to trade at $103.95 in after-hours trade following the report.
For the year, Microsoft shares are up 4.74%, under-performing the S&P Global (NYSE:SPGI) 100 which is up 5.24% year to date.
Microsoft follows other major Technology sector earnings this month
On Tuesday, Apple reported first quarter EPS of $4.18 on revenue of $84.31B, compared to forecasts of EPS of $4.17 on revenue of $84.03B.
Intel earnings beat analyst's expectations on Thursday, January 24, 2019, with fourth quarter EPS of $1.28 on revenue of $18.66B. Investing.com analysts expected EPS of $1.22 on revenue of $19.01B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar