Microsoft At All-Time Highs After Trumping Earnings, Revenue Estimates

Microsoft CorporationMSFT trumped earnings and revenue estimates after releasing first quarter earnings Thursday.

The tech giant reported earnings of $0.76 per shares, $0.08 better than analysts' estimates. Microsoft delivered a strong sales quarter as well, with $22.33 billion in revenue against the consensus estimate of $21.7 billion.

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"We are making strong progress across each of our three ambitions by delivering innovation people love," said CEO Satya Nadella. "Customer excitement for new devices, Windows 10, Office 365 and Azure is increasing as we bring together the best Microsoft experiences to empower people to achieve more."

Shares reacted very positively after hours, jumping more than 5 percent to $60.53.