MicroStrategy Announces Second Quarter 2019 Financial Results

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Go back to MicroStrategy Announces Second Quarter 2019 Financial Results

Microstrategy, Inc. (MSTR) Misses Q2 EPS by 24c, Revenues Miss

July 30, 2019 4:56 PM EDT

Microstrategy, Inc. (NASDAQ: MSTR) reported Q2 EPS of ($0.14), $0.24 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $117.7 million versus the consensus estimate of $120.63 million.

Revenues: Total revenues for the second quarter of 2019 were $117.7 million, a 2.4% decrease or a 0.4% increase on a non-GAAP constant currency basis compared to the second quarter of 2018. Product licenses and subscription services revenues for the second quarter of 2019 were $27.2 million, a 1.3% increase or a 3.9% increase on a constant currency basis compared to the second quarter of... More