Thursday, April 21, 2016

MSFT misses shares -4% after hours

(Reuters) - Microsoft Corp's (MSFT.O) quarterly adjusted profit missed analysts' estimates as a continued slump in personal computer sales hurt the company's core Windows business, sending its shares down 4 percent in extended trading.

The company's net income fell to $3.76 billion, or 47 cents per share, in the third quarter ended March 31, from $4.99 billion, or 61 cents per share, a year earlier.



Submitted April 21, 2016 at 04:51PM by StockJock-e http://ift.tt/1TlJdCo

No comments:

Post a Comment