MicroStrategy Inc. (MSTR) announced Loss for its third quarter that increased from last year and missed the Street estimates.
The company's bottom line totaled -$143.4 million, or -$10.09 per share. This compares with -$27.1 million, or -$2.39 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.74 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.3% to $129.5 million from $125.4 million last year.
MicroStrategy Inc. earnings at a glance (GAAP) :
-Earnings (Q3): -$143.4 Mln. vs. -$27.1 Mln. last year.
-EPS (Q3): -$10.09 vs. -$2.39 last year.
-Analyst Estimate: $0.74
-Revenue (Q3): $129.5 Mln vs. $125.4 Mln last year.
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