Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
TYSONS CORNER, Va. (AP) _ MicroStrategy Inc. (MSTR) on Thursday reported a first-quarter loss of $110 million, after reporting a profit in the same period a year earlier.
The Tysons Corner, Virginia-based company said it had a loss of $11.40 per share. Earnings, adjusted for one-time gains and costs, came to $1.54 per share.
The business software company posted revenue of $122.9 million in the period.
MicroStrategy shares have increased 69% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $655.01, climbing fivefold in the last 12 months.
Insight by Commscope and Ruckus: Learn how all the pieces are starting to come together to help agencies connect more devices at faster speeds to help meet their missions in a more agile and secure way by downloading this exclusive e-book.
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 © 2021 . All rights reserved. This website is not intended for users located within the European Economic Area.