MicroStrategy Incorporated (NASDAQ:MSTR) is set to announce third quarter earning results on Tuesday 27th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, MSTR to report 3Q20 income of $ 0.93 per share.
For the full year, analysts anticipate top line of $ 465.01 million, while looking forward to income of $ 2.87 per share bottom line.
Previous Quarter Performance
MicroStrategy Incorporated unfold income for the second quarter of $ 0.35 per share, from the revenue of $ 110.58 million. The quarterly earnings fell 82.32 percent compared with the same quarter last year. According to street consensus, MSTR was expected to report 2Q20 income of $ 0.40 per share from revenue of $ 112.22 million. The bottom line results missed street analysts by $ 0.05 or 12.5 percent, at the same time, top line results fell short of analysts by $ 1.64 million or 1.46 percent.
Stock Performance
Shares of MicroStrategy Incorporated traded up $ 1.25 or 0.68 percent on Friday, reaching $ 184.30 with volume of 120.40 thousand shares. MicroStrategy Incorporated has traded high as $ 184.97 and has cracked $ 181.19 on the downward trend
According to the previous trading day, closing price of $ 184.30, representing a 103.39 % increase from the 52 week low of $ 90.00 and a 1.7 % decrease over the 52 week high of $ 186.21.
The company has a market capital of $ 1.79 billion and is part of the Technology sector and Software – Application industry.
Conference Call
MicroStrategy Incorporated will be hosting a conference call at 5:00 PM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.microstrategy.com
MicroStrategy Incorporated provides enterprise analytics and mobility software platforms worldwide. It offers MicroStrategy Consulting that provides customers with assessment, advisory, architecture, and deployment services to guide their customers in defining, developing, and delivering business analytics solutions for their enterprises across various industries; and MicroStrategy Education, which consists of classroom-based courses, instructor-led courses, recorded courses, self-paced e-learning modules, customer on-site training, and enterprise E-Courseware options for large organizations in various languages. The companys products also include MicroStrategys software, such as technical support services for customers, business partners, and prospects; and software maintenance and renewal contract services, as well as educational programs and other support services.
