Microsoft Beats Earnings Forecasts
After bell, company announces strong quarter attributed to Windows 2000 and .NET.
After NASDAQ's regular trading session ended on Thursday, Microsoft announced revenues of $6.46 billion for the quarter ended March 31, 2001. The quarter bested the same quarter last year by 14 percent. Net income waws $2.45 billion, or 44 cents a share, which beat forecasts by two cents.
According to a press release issued by the company, the increase in revenue can be attributed to Windows 2000 Professional and the .NET family of servers. To read the press release, go to http://www.microsoft.com/msft/.