Copyright 2019 Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
MicroStrategy: 2Q Earnings Snapshot
TYSONS CORNER, Va. (AP) _ MicroStrategy Inc. (MSTR) on Tuesday reported second-quarter profit of $20.4 million.
On a per-share basis, the Tysons Corner, Virginia-based company said it had net income of $1.98. Losses, adjusted for non-recurring gains, were 14 cents per share.
The business software company posted revenue of $117.7 million in the period.
MicroStrategy shares have dropped almost 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $123.19, a decline of almost 4% in the last 12 months.
Advertisement
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSTR at https://www.zacks.com/ap/MSTR
Copyright © 2019 The Associated Press. All rights reserved. This website is not intended for users located within the European Economic Area.
Top Stories
-
After successful first cohort, CIO Council looking to expand, sustain cyber reskilling academy Top Story -
Ahead of relocation, USDA employees up for buyouts worth $10K, not $25K Workforce -
Union for relocated EPA employees pushes for air quality records promised at new workplace Exclusive -
House rep calls out Trump admin. after USDA buyout cut Federal Newscast -
From human resources to helpful robot — how AI may transform HR Commentary
The Associated Press
Government Events
