Microsoft Corporation (NASDAQ:MSFT) forecast revenues in the range of US$48.5bn-US$49.3bn for its fiscal third quarter, above market estimates of US$48.23bn. The guidance followed the software giant's earnings release for the second quarter ended 31 December 2021, which showed revenues of US$51.73bn, up 20% year-on-year and exceeding the US$50.88 predicted by analysts.