Microsoft shares are trading higher after the company reported a year-over-year increase in Q1 EPS results and better-than-expected Q1 sales results.
Portfolio Pulse from Benzinga Newsdesk
Microsoft reported a year-over-year increase in Q1 EPS results and better-than-expected Q1 sales results, leading to a rise in its share price.
October 24, 2023 | 8:14 pm
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Microsoft's Q1 EPS and sales results surpassed expectations, resulting in a boost in its stock price.
Microsoft's better-than-expected Q1 results indicate strong performance, which is a positive signal to investors and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100