Microsoft Surging On Earnings (MSFT)

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By Douglas A. McIntyre Updated Published
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Microsoft (NASDAQ:MSFT) has posted earnings of $0.45 EPS on $13.76 Billion in revenues.  First Call had estimates at $0.39 EPS on $12.57 Billion in revenues. 

  • The company offered guidance of $0.44 to $0.46 EPS on $15.6 to $16.1 Billion in revenues and for Fiscal JUN-2008 it put EPS at $1.78 to $1.81 anon $58.5 to $59.7 Billion in revenues.   First Call has next quarter estimates at $0.44 EPS on $15.6 Billion revenues and Fiscal JUN-2008 at $1.73 EPS and $57.4 Billion revenues.

Shares closed up 2.3% at the highest close in recent years at $31.99 and traded as high as $32.22 today.  Shares are up roughly another 5% in after-hours at $33.60.  Maybe it can reach that $36 target 24/7 Wall St. assigned after all, albeit a bit late.

It did show a breakdown of unit results: $1.92 Billion in entertainment, $4.1 Billion in client, $2.9 Billion in services & Tools, $671 million in online services business, $4.1 Billion in Microsoft Business Division.   On Windows Vista: "Customer demand for Windows Vista this quarter continued to build with double-digit growth in multi-year agreements by businesses and with the vast majority of consumers purchasing premium editions," said Kevin Johnson, president of the Platform and Services Division at Microsoft.  Microsoft’s businesses of Client, Microsoft Business Division, and Server and Tools grew combined revenue in excess of 20%, and experienced robust demand for Windows Vista, the 2007 Microsoft Office system, Windows Server, and SQL Server.

Jon C. Ogg
October 25, 2007

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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