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Microsoft shares slipped 1% on Wednesday after the software maker reported more robust fiscal third-quarter results than analysts had expected.
Microsoft shares slipped 1% on Wednesday after the software maker reported more robust fiscal third-quarter results than analysts had expected. Here's how the company did in comparison with LSEG consensus: Microsoft's revenue grew 18% year over year in the quarter, which ended on March 31, according to a statement . Net income of $31.78 billion, or $4.27 per share, was up from $25.82 billion, or $3.46 per share, in the same quarter a year earlier. Adjusted earnings exclude a $14 million decrease in net income from Microsoft's OpenAI investments. Microsoft reported $31.9 billion in quarterly ca