Microstrategy, Inc. (MSTR) Misses Q1 EPS by 19c
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MicroStrategy Announces First Quarter 2017 Financial Results
April 27, 2017 4:05 PM EDTTYSONS CORNER, Va.--(BUSINESS WIRE)-- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise analytics and mobility software, today announced financial results for the three-month period ended March 31, 2017 (the first quarter of its 2017 fiscal year).
First quarter 2017 revenues were $120.6 million versus $119.0 million for the first quarter of 2016, a 1.3% increase. Product licenses and subscription services revenues for the first quarter of 2017 were $28.8 million versus $29.8 million for the first quarter of 2016, a 3.3% decrease. Product support revenues for the first quarter of 2017 were $70.5 million versus $68.5 million for the first quarter of 2016, a 2.9%... More
