MicroStrategy Incorporated (MSTR) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $1.24 earnings per share for the quarter, missing the analyst consensus estimate by $-0.70. Analysts had a consensus of $1.94. The company posted revenue of $119.00 million in the period, compared to analysts expectations of $126.38 million. The company’s revenue was down -4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.79 EPS.
Many Wall Street Analysts have commented on MicroStrategy Incorporated. MicroStrategy Incorporated was Initiated by Citigroup to “Buy” on Apr 11, 2016.
MicroStrategy Incorporated opened for trading at $187.43 and hit $191.84 on the upside on Friday, eventually ending the session at $191.8, with a gain of 1.88% or 3.54 points. The heightened volatility saw the trading volume jump to 1,43,362 shares. Company has a market cap of $2,187 M.
In a different news, on Jun 12, 2015, Robert H Epstein (director) sold 1,731 shares at $180.50 per share price. According to the SEC, on May 6, 2015, Douglas King Thede (Senior EVP & CFO) sold 10,000 shares at $179.60 per share price.
MicroStrategy Incorporated is a provider of enterprise-ready analytics mobile and security software platforms. The MicroStrategy Analytics Platform provides organizations to analyze vast amounts of data and distribute actionable business insight throughout an enterprise through two offerings: MicroStrategy Analytics Platform and MicroStrategy Analytics Desktop. The Companys MicroStrategy Analytics Platform delivers reports and dashboards and provides users to conduct ad hoc analysis and share insights anywhere anytime through mobile devices or the Web. The MicroStrategy Analytics Platform is integrated with MicroStrategy Analytics Desktop a standalone desktop tool that provides business users to analyze and understand their data. The Companys services consists of various services lines including MicroStrategy technology services MicroStrategy professional services and MicroStrategy education services.