Microsoft today reported earnings for its second fiscal quarter of 2016, including revenue of $25.69 billion and earnings per share of $0.78. In Q2 2015, Microsoft saw $26.47 billion in revenue and earnings of $0.71 per share.
Analysts had expected Microsoft to earn $25.26 billion in revenue and earnings per share of $0.71. The company’s stock was up 1.63 percent in regular trading, and up another 3 percent in after-hours trading. Microsoft said it returned $6.5 billion to shareholders in the form of share repurchases and dividends during the quarter. But it’s likely the company’s cloud business that has investors excited.

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