Microstrategy, Inc. (MSTR) Reports Q4 EPS of $0.30, Revenues Miss
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MicroStrategy Announces Fourth Quarter 2018 Financial Results
January 29, 2019 4:01 PM ESTTYSONS 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 December31, 2018 (the fourth 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 to reflect full retrospective adoption.
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... More
