Microsoft Revenue and Profits Surpass Expectations in Q2



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Tech giant Microsoft on Tuesday reported quarterly revenue and earnings that exceeded analysts’ expectations.

The company said revenue increased 21.3% year-on-year to $ 46.15 billion in the second quarter, beating analysts’ expectations of $ 44.24 billion.

Profit was $ 16.46 billion in the quarter ended June 30, or $ 2.17 per share, versus a median forecast of $ 1.92 per share.

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