Microstrategy, Inc. (MSTR) Tops Q4 EPS by 37c
Microstrategy, Inc. (NASDAQ: MSTR) reported Q4 EPS of $1.18, $0.37 better than the analyst estimate of $0.81. Revenue for the quarter came in at $133.5 million versus the consensus estimate of $129.37 million.
“Our fourth quarter performance highlights increased customer adoption of our cloud offerings and our breakthrough HyperIntelligence® product. We’re seeing customers deploy an impressive variety and scale of HyperIntelligence use cases, reflecting the product’s ability to bring intelligence to more users, making them significantly faster and smarter,” said Michael J. Saylor, CEO, MicroStrategy Incorporated.
Mr. Saylor continued, “Optimized for the cloud, our open, comprehensive enterprise analytics platform, combined with our expert services, has been resonating in the market. As we look at the year ahead, we will remain focused on driving new and existing customer adoption of our latest platform – MicroStrategy 2020™ – leading with our HyperIntelligence and cloud offerings.”
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