MicroStrategy Q2 2024 Earnings Report

MicroStrategy EPS Results

• Actual EPS: -$0.57
• Consensus EPS: -$0.09
• Beat/Miss: Missed by -$0.48
• One Year Ago EPS: $0.15

MicroStrategy Revenue Results

• Actual Revenue: $111.44 million
• Expected Revenue: $121.99 million
• Beat/Miss: Missed by -$10.55 million
• YoY Revenue Growth: -7.40%

MicroStrategy Announcement Details

• Quarter: Q2 2024
• Date: 8/1/2024
• Time: After Market Closes

MicroStrategy (NASDAQ:MSTR) provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions. The company also provides MicroStrategy Support that helps customers achieve their system availability and usage goals through highly responsive troubleshooting and assistance; MicroStrategy Consulting, which provides architecture and implementation services to help customers realize their desired results; and MicroStrategy Education that offers free and paid learning options. In addition, it engages in the development of bitcoin. The company offers its services through direct sales force and channel partners. It serves the U.S. government, state and local governments, and government agencies, as well as a range of industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications, and the public sector. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.