Benzinga | Jul 28, 2020 04:27PM EDT

MicroStrategy: Q2 Earnings Insights

Shares of MicroStrategy (NASDAQ:MSTR) remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share were up 350.00% over the past year to $0.35, which missed the estimate of $0.40.

Revenue of $110,584,000 decreased by 6.08% year over year, which missed the estimate of $112,220,000.

Guidance

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

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

How To Listen To The Conference Call

Date: Jul 28, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/e7axticu

Price Action

Company's 52-week high was at $165.00

Company's 52-week low was at $90.00

Price action over last quarter: down 7.70%

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.