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Displaying items by tag: Earnings Call

Sunday, 27 October 2013 17:56

Microsoft's Q3 above all expectations

Microsoft has released surprisingly good operating results for the third quarter in which both sales and earnings significantly exceeded expectations. The company posted a profit of 5.24 billion dollars, which is much higher than analyst expectations, which on average was about $4.56 billion . The total turnover of the company was $18.5 billion , which is again much higher than the 17.8 billion dollars that analysts had expected.

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aol

AOL, once a leading global provider of Internet services reported the first quarterly revenue growth in eight years. In the fourth quarter of last year the company operated with $600 million in revenue, compared with $576 million in the same period a year earlier. This is significantly better than the estimates of analysts who had expected revenue of $573 million. Operating profit also rose by 24%, from 54.8 to 68.2 million.

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