RTTNews | Jan 25, 2022 04:16PM EST

16:15 Tuesday, January 25, 2022 (RTTNews.com) - Microsoft Corporation (MSFT) reported earnings for its second quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $18.77 billion, or $2.48 per share. This compares with $15.46 billion, or $2.03 per share, in last year's second quarter.

Analysts on average had expected the company to earn $2.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.1% to $51.73 billion from $43.08 billion last year.

Microsoft Corporation earnings at a glance (GAAP) :

-Earnings (Q2): $18.77 Bln. vs. $15.46 Bln. last year.-EPS (Q2): $2.48 vs. $2.03 last year.-Analyst Estimate: $2.31-Revenue (Q2): $51.73 Bln vs. $43.08 Bln last year.

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