Investing.com – Shares of software giant Microsoft (NASDAQ:MSFT) were briefly lower immediately after the company reported its fiscal first-quarter results beat on both the top and bottom lines. But they soon recovered.
- Revenue was up 14% to $33.1 billion, ahead of the analyst estimate of $32.14 billion.
- Shares recovered from the initial pullback and were at $137.90, up 0.5% by 8 p.m. ET. They'd risen 0.6% in regular trading.