BitcoinWarrior

News and Education

MicroStrategy Q4 Earnings: Revenue Miss, Bitcoin Strategy Update And More

Published by
Benzinga

MicroStrategy Inc (NASDAQ:MSTR) reported fourth-quarter financial results after the market closed on Tuesday. Here’s a rundown of the report. Q4 Earnings: MicroStrategy said fourth-quarter revenue decreased 6.1% year-over-year to $124.5 million, which missed the consensus estimate of $132.9 million, according to Benzinga Pro. The company reported quarterly adjusted earnings of $5.62 per share, which may not compare to analyst estimates of 55 cents. Product licenses and subscription services revenues were down 11.4% in the fourth quarter. Product support revenues fell 2.1%, and other services r…

Read More