Microstrategy, Inc. (MSTR) Posts Massive Loss, Saylor to Give Up CEO Role

Microstrategy, Inc. (NASDAQ: MSTR) reported Q2 EPS of ($94.01), $93.17 worse than the analyst estimate of ($0.84). Revenue for the quarter came in at $122.1 million versus the consensus estimate of $123.32 million.

MicroStrategy announced today that, as of August 8, 2022, Michael Saylor will assume the new role of Executive Chairman and Phong Le, the Company’s President, will also serve as the Company’s new Chief Executive Officer and as a member of the Board of Directors. Mr. Saylor will remain the Chairman of the Board of Directors and an executive officer of the Company.

For earnings history and earnings-related data on Microstrategy, Inc. (MSTR) click here.

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