Microsoft® had another respectable quarter, although earnings per share failed to meet Wall Street expectations. The software giant reported revenue of $23.38 billion, compared with $19.9 billion from the same quarter a year ago. Non-diluted Earnings Per Share were 56 cents, compared to 59 cents a year ago. Analysts were expecting EPS of 60 cents and revenue of $23 billion. The perceived shortfall was the result of losses resulting from Microsoft’s® acquisition of the Nokia™ Devices Business in April. If we were to exclude the Nokia™ impact, MS earnings were 66 cents per share, which exceeded the Street’s expectation of 60 cents.”

Jul 2014