Microstrategy, Inc. (MSTR) Misses Q1 EPS by 69c

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MicroStrategy Announces First Quarter 2016 Financial Results

April 27, 2016 4:05 PM EDT

TYSONS CORNER, Va., April 27, 2016 /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, 2016 (the first quarter of its 2016 fiscal year).

First quarter 2016 revenues were $119.0 million versus $123.9 million for the first quarter of 2015, a 4% decrease.  Product licenses and subscription services revenues for the first quarter of 2016 were $29.8 million versus... More