LIVE: Microsoft reports earnings

• Microsoft reports third-quarter earnings on Wednesday.
• We'll be covering the earnings live, so check back for updates.
• Visit Business Insider's home page for more stories.

Microsoft is set to report third-quarter earnings after the market closes on Wednesday.

Here's what Wall Street is expecting:

• Revenue: $33.66 billion.
• Earnings: $1.26 per share.

The report will give insight into how Microsoft has fared during the coronavirus crisis. Microsoft's business seems on solid footing amid the pandemic, but there are already signs that the company is adopting a strategy of caution as doubts swirl over the global economy.

The company has experienced an unprecedented surge in usage as remote workers turn to its software and its cloud platform powers many of the apps and websites they use. The increase has created capacity challenges for Microsoft and it's having a hard time keeping up with the demand.

Meanwhile, the part of Microsoft's business that includes licensing Windows to PC manufacturers is under pressure. Microsoft in February lowered its sales forecast for that business, citing issues with its supply chain and "uncertainty related to the public health situation in China."

Are you a Microsoft employee or customer? Contact this reporter via email at astewart@businessinsider.com, message her on Twitter @ashannstew, or send her a secure message through Signal at 425-344-8242.

Read the original article on Business Insider