Microsoft (MSFT) reported quarterly earnings of $2.93 per share, beating estimates and showing growth from the previous year. The company posted revenues of $62.02 billion, surpassing expectations. Microsoft shares have increased by 9% this year. Investors are now focused on the company’s earnings outlook and future performance.

Synopsys (SNPS), another software maker, is set to release its quarterly results soon. The company is expected to post earnings of $3.43 per share, representing a significant increase from the previous year. Revenues are projected to be $1.65 billion, up 20.9%. The stock is one to watch in the coming days.

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Read more at Nasdaq: Microsoft (MSFT) Tops Q2 Earnings and Revenue Estimates