Microsoft jumped over 6% in morning trading after its revenue beat expectation.
The company reported quarterly earnings per share of $2.48, which beat the estimate of $2.31 and sales results of $51.7 billion, which beat the estimate of $50.88 billion.
Microsoft expects third-quarter personal computing revenue between $14.15 billion and $14.45 billion. The company also expects third-quarter intelligent cloud revenue between $18.75 billion and $19 billion.
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