Microsoft reports first quarter earnings

USA TODAY tech reporter Mike Snider looks into Microsoft's 26.2 billion acquisition of LinkedIn and how it might help the company. LibreOffice is free and has many of the same features as Microsoft Office. SAN FRANCISCO - Microsoft reported first-quarter 2017 adjusted earnings of 76 cents a share on adjusted revenues of 22.3 billion Thursday. The company was expected to report adjusted earnings of 68 cents, up from 67 in the year ago quarter, on revenue of 21.7 billion (excluding deferred revenue), or about the same as a year ago, according to analysts polled by S&P Global Intelligence. Microsoft shares (MSFT) closed down .75% at 57.10, but the impressive beat caused the stock to jump 5% in after hours trading.