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Another Revenue Decline for MicroStrategy

TheMotleyFool

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Another Revenue Decline for MicroStrategyPhoto, wide shot, wide-angle lens, Software company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/70b5df15-67cc-4a1b-af41-3596614daf77.png

Enterprise software provider MicroStrategy (NASDAQ: MSTR) reported its second-quarter results after the market closed on July 30. Revenue and adjusted earnings declined, although a gain from the sale of a domain name boosted net income under generally accepted accounting principles (GAAP). The company expects revenue from product licenses to grow this year, and it sees consolidation in the industry as a long-term opportunity.

Metric

Q2 2019

Quelle Fool.com

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