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Microsoft (NASDAQ: MSFT), a company in the same league as Apple (NASDAQ: AAPL), IBM (NYSE: IBM), Google (NASDAQ: GOOG), and Yahoo! (NASDAQ: YHOO), reported earnings for the third quarter on Thursday after the bell. The company was able to meet the expectations of analysts. Which is a good thing, since last quarter the iconic software business issued a miss.

On an adjusted basis, Microsoft made 39 cents per share. As I said in my earnings preview, analysts were looking for that precise amount. Although Wall Street always wants to see companies go beyond expectations, I suppose we can be at least a tiny happy over this result. Microsoft is hurting, after all.

Continue reading Microsoft squeaks by in Q3

Microsoft squeaks by in Q3 originally appeared on BloggingStocks on Fri, 24 Apr 2009 07:00:00 EST. Please see our terms for use of feeds.

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