MicroStrategy (NAS: MSTR) reported earnings on July 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), MicroStrategy met expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly. GAAP earnings per share contracted to a loss.
Margins dropped across the board.
MicroStrategy logged revenue of $137.9 million. The eight analysts polled by S&P Capital IQ foresaw revenue of $139.2 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.14. The seven earnings estimates compiled by S&P Capital IQ averaged $0.39 per share. GAAP EPS were -$0.14 for Q2 versus $0.65 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 73.6%, 60 basis points worse than the prior-year quarter. Operating margin was -1.5%, 820 basis points worse than the prior-year quarter. Net margin was -1.1%, 620 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $145.0 million. On the bottom line, the average EPS estimate is $0.31.
Next year's average estimate for revenue is $580.1 million. The average EPS estimate is $0.75.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 184 members out of 214 rating the stock outperform, and 30 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give MicroStrategy a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MicroStrategy is hold, with an average price target of $107.57.
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The article MicroStrategy Goes Red originally appeared on Fool.com.
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