MicroStrategy Inc. Has Surged To A New High After Q3 Report

MicroStrategy Inc. (MSTR) reported third quarter EPS of $1.73 after the bell Thursday, which exceeded the consensus estimate of $0.94. Revenues 15% to $104.02 million, from $90.63 million in the prior-year quarter.

MicroStrategy gapped open sharply higher Friday and is now up 13.52 at $86.96 on above average volume. The stock has broken out of a one-month range and is now trading at a new high for the year.

by RTTNews Staff Writer

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