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Real-time Estimate
Other stock markets
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5-day change | 1st Jan Change | ||
| 416 USD | +0.57% |
|
-2.47% | +10.56% |
| 06:53pm | Vote on EU cybersecurity label delayed to May, sources say | RE |
| 03:19pm | Microsoft-Backed Rubrik Files IPO to Raise $713 Million | MT |
SEATTLE (Reuters) - Microsoft Corp's Chief Financial Officer said on Monday that she expected the company's fiscal third-quarter revenue growth to be cut by four percent by unfavorable currency exchange rates, assuming the U.S. dollar continues its strong run.
"In total we expect that FX will negatively impact revenue growth by approximately four points in Q3," said CFO Amy Hood in a call with Wall Street analysts after Microsoft's quarterly earnings release on Monday. Its fiscal third quarter ends March 31.
Microsoft's shares dipped lower after her comments, dropping to around $45.20 in after-hours trading, about 3.8 percent below their closing price on Nasdaq.
(Reporting by Bill Rigby; Editing by Chris Reese)
| 1st Jan change | Capi. | |
|---|---|---|
| +10.56% | 3,074B | |
| +5.10% | 82.97B | |
| +10.25% | 82.21B | |
| -12.22% | 54.49B | |
| -18.52% | 49.76B | |
| +26.79% | 48.46B | |
| +13.81% | 39.58B | |
| +40.05% | 29.88B | |
| -9.80% | 24.79B | |
| -19.71% | 23.44B |
MICROSOFT CORPORATION 
