Microstrategy, Inc. (MSTR) Misses Q4 EPS by $45.90, Beats on Revenue; Adjusts dividend framework
Microstrategy, Inc. (NASDAQ: MSTR) reported Q4 EPS of ($42.93), $45.90 worse than the analyst estimate of $2.97. Revenue for the quarter came in at $123 million versus the consensus estimate of $118.81 million.
STRC Dividend Adjustment Framework: Strategy is updating its rules-based monthly dividend recommendation framework for STRC Stock. Strategy’s current intention, subject to change in its sole discretion, is to evaluate dividend rates each month using the volume-weighted average price (VWAP) of STRC Stock for the month, as follows:
Below $95.00: Recommend a dividend rate increase of 50 basis points or more for the next period.
$95.00 - $98.99: Recommend a dividend rate increase of 25 basis points or more for the next period.
$99.00 - $100.99: No change in the dividend rate is anticipated. However, management may use its discretion to recommend a minor increase or decrease of 25 basis points depending on prevailing market and capital conditions.
$101.00 and above: Recommend a dividend rate decrease of 25 basis points, or a larger decrease if one-month term SOFR interest rates declined during that month (in each case, subject to the cap on rate reductions described in the Prospectus and Certificate of Designations for the STRC Stock), and/or a follow-on offering of STRC Stock.
For earnings history and earnings-related data on Microstrategy, Inc. (MSTR) click here.
