Microstrategy, Inc. (MSTR) Misses Q1 Revenues Below Estimates

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MicroStrategy Announces First Quarter 2019 Financial Results

April 30, 2019 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 March31, 2019 (the first quarter of its 2019 fiscal year).

MicroStrategy adopted Accounting Standards Update No. 2016-02, Leases (Topic 842), and its subsequent amendments (ASU 2016-02), effective January 1, 2019. Comparative prior period consolidated financial statements have not been restated and... More