Microsoft beats forecasts, but legal costs hurt
C|Net | at | by Mike
Microsoft reported on Thursday fiscal third-quarter revenue above expectations but saw its earnings dented by the cost of a fine by the European Union and its settlement with Sun Microsystems.
The software maker said it earned $1.32 billion, or 12 cents per share, on revenue of $9.18 billion, for the three months ended March 31. That compares with earnings of $2.14 billion, or 20 cents per share, on revenue of $7.84 billion in the same quarter a year earlier.