Microstrategy, Inc. (MSTR) Misses Q2 EPS by 59c
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July 27, 2017 4:05 PM EDT
TYSONS CORNER, Va.--(BUSINESS WIRE)--
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading
worldwide provider of enterprise analytics and mobility software, today
announced financial results for the three-month period ended June 30,
2017 (the second quarter of its 2017 fiscal year).
Second quarter 2017 revenues were $120.6 million versus $123.1 million
for the second quarter of 2016, a 2.1% decrease. Product licenses and
subscription services revenues for the second quarter of 2017 were $27.5
million versus $31.2 million for the second quarter of 2016, a 12.1%
decrease. Product support revenues for the second quarter of 2017 were
$70.8 million versus $71.5 million for the second quarter of 2016, a
1.0% decrease.... More
