Benzinga | Oct 27, 2020 04:18PM EDT

MicroStrategy: Q3 Earnings Insights

Shares of MicroStrategy (NASDAQ:MSTR) rose 7% after the company reported Q3 results.

Quarterly Results

Earnings per share rose 119.15% year over year to $2.06, which beat the estimate of $0.93.

Revenue of $127,408,000 rose by 6.45% from the same period last year, which beat the estimate of $117,260,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

MicroStrategy hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 27, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/5rjt6uov

Technicals

Company's 52-week high was at $187.00

52-week low: $90.00

Price action over last quarter: Up 43.34%

Company Description

MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.