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TYSONS CORNER, Va. (AP) _ MicroStrategy Inc. (MSTR) on Thursday reported a second-quarter loss of $299.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Tysons Corner, Virginia-based company said it had a loss of $30.71. Earnings, adjusted for one-time gains and costs, were $1.72 per share.
The business software company posted revenue of $125.4 million in the period.
MicroStrategy shares have increased 61% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $625.01, rising fivefold in the last 12 months.
Insight by ProPricer: During this webinar James Woolsey, the president of the Defense Acquisition University, Frank Kelley, the vice president of the Defense Acquisition University and Michelle Currier, the professor of contract management at the Defense Acquisition University, will discuss the future of DoD contracting, pricing and acquisition. In addition, Michael Weaver, the professor of contract management at ProPricer will provide an industry perspective.
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
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