5 Green Flags For Microsoft's Future
Microsoft's (NASDAQ: MSFT) stock price rose 5% during after-hours trading on Tuesday, April 26, following the release of its third-quarter earnings report.
The tech giant's revenue rose 18% year-over-year to $49.4 billion, which beat analysts' estimates by $350 million. Its net income grew 8% to $16.7 billion, or $2.22 per share, but missed analysts' expectations by $0.25.
Those headline numbers were mixed, but the market's response suggests its strengths offset its weaknesses. Let's examine five green flags for Microsoft's future, and see if they make its stock a worthwhile investment.
Source Fool.com
