Microstrategy, Inc. (MSTR) Tops Q2 EPS by 27c, Revenues Miss

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MicroStrategy Announces Second Quarter 2018 Financial Results

July 26, 2018 4:01 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, 2018 (the second quarter of its 2018 fiscal year).

MicroStrategy adopted Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) and its subsequent amendments (ASU 2014-09), effective January 1, 2018, and has adjusted its prior period consolidated financial statements... More