Similar Stories to Microsoft Stock Flat Despite Better-than-expected Earnings, Strong Azure Growth on Bing News

Today after the bell, Microsoft reported its calendar Q3 2020 earnings, the period of time that corresponds to its Q1 fiscal 2021 period. In the three months ending September 30, Microsoft had revenues of $37.2 billion and per-share profit of $1.82. Analysts had anticipated the company to report $1.54 in earnings per share, generated from $35.72 billion in revenue. In the aftermath of the beat, shares of the company are effectively flat, gaining only a fraction of a point in after-hours trading.

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