MicroStrategy Announces Fourth Quarter 2018 Financial Results

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Microstrategy, Inc. (MSTR) expects to report material weakness in its internal control

January 29, 2019 4:05 PM EST

Microstrategy, Inc. (NASDAQ: MSTR) expects to report a material weakness in its internal control over financial reporting as of December 31, 2018 in its upcoming Annual Report on Form 10-K for the year ended December 31, 2018. The material weakness relates to general information technology controls in the areas... More

Microstrategy, Inc. (MSTR) Reports Q4 EPS of $0.30, Revenues Miss

January 29, 2019 4:03 PM EST

Microstrategy, Inc. (NASDAQ: MSTR) reported Q4 EPS of $0.30, versus $1.21 reported last year. Revenue for the quarter came in at $131.9 million versus the consensus estimate of $135.68 million.

Fourth quarter 2018 revenues were $131.9 million versus $136.4 million for the fourth quarter of 2017, a 3.3% decrease. Product licenses and subscription services revenues for the fourth quarter of 2018 were $38.3 million versus $39.1 million for the fourth quarter of 2017, a 2.0% decrease. Product support revenues for the fourth... More