MicroStrategy Announces Third Quarter 2019 Financial Results

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Go back to MicroStrategy Announces Third Quarter 2019 Financial Results

Microstrategy, Inc. (MSTR) Tops Q3 EPS by 28c, Revenues Miss

October 29, 2019 4:58 PM EDT

Microstrategy, Inc. (NASDAQ: MSTR) reported Q3 EPS of $0.94, $0.28 better than the analyst estimate of $0.66. Revenue for the quarter came in at $119.7 million versus the consensus estimate of $125.24 million.

Third Quarter 2019 Financial Highlights

Revenues: Total revenues for the third quarter of 2019 were $119.7 million, a 2.0% decrease, or a 0.4% increase on a non-GAAP constant currency basis, compared to the third quarter of 2018. Product licenses and subscription services revenues for the third quarter of 2019 were $26.9 million, a 2.3% decrease, or a 1.4% increase on a constant currency basis, compared to the third... More