Microstrategy, Inc. (MSTR) Misses Q2 EPS by 59c

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Go back to Microstrategy, Inc. (MSTR) Misses Q2 EPS by 59c

MicroStrategy Announces Second Quarter 2017 Financial Results

July 27, 2017 4:05 PM EDT

TYSONS 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 June 30, 2017 (the second quarter of its 2017 fiscal year).

Second quarter 2017 revenues were $120.6 million versus $123.1 million for the second quarter of 2016, a 2.1% decrease. Product licenses and subscription services revenues for the second quarter of 2017 were $27.5 million versus $31.2 million for the second quarter of 2016, a 12.1% decrease. Product support revenues for the second quarter of 2017 were $70.8 million versus $71.5 million for the second quarter of 2016, a 1.0% decrease.... More