Microstrategy, Inc. (MSTR) Posts Q1 EPS of $1.79, Sales Miss Views

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MicroStrategy Announces First Quarter 2015 Financial Results

April 28, 2015 4:05 PM EDT

TYSONS CORNER, Va., April 28, 2015 /PRNewswire/ -- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise software platforms, today announced financial results for the three-month period ended March 31, 2015 (the first quarter of its 2015 fiscal year).

First quarter 2015 revenues were $123.9 million versus $137.9 million for the first quarter of 2014, a 10% decrease.  Product licenses and subscription services revenues for the first quarter of 2015 were $27.4 million versus $32.3 million for the first quarter of 2014, a 15% decrease.  Product support revenues for the first quarter of 2015 were $69.3... More