Microstrategy, Inc. (MSTR) Misses Q2 EPS by 5c, Revenues Miss

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Go back to Microstrategy, Inc. (MSTR) Misses Q2 EPS by 5c, Revenues Miss

MicroStrategy Announces Second Quarter 2020 Financial Results

July 28, 2020 4:01 PM EDT

TYSONS CORNER, Va.--(BUSINESS WIRE)-- MicroStrategy® (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced financial results for the three-month period ended June 30, 2020 (the second quarter of its 2020 fiscal year).

MicroStrategys second quarter results were solid in the context of the challenging global economic environment and highlighted by double-digit subscription services revenue growth and significant improvements in profitability. We are encouraged by the adoption of the MicroStrategy Cloud and HyperIntelligence® as customers look for the best way to make fast, data-driven... More