Benzinga | Jul 28, 2020 04:09PM EDT

MicroStrategy Q2 EPS $0.35 Misses $0.40 Estimate, Sales $110.60M Miss $112.22M Estimate

MicroStrategy (NASDAQ:MSTR) reported quarterly earnings of $0.35 per share which missed the analyst consensus estimate of $0.40 by 12.5 percent. This is a 350 percent increase over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $110.60 million which missed the analyst consensus estimate of $112.22 million by 1.44 percent. This is a 6.06 percent decrease over sales of $117.74 million the same period last year.