MicroStrategy EPS for Q3 falls short of expectations

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MICROSTRATEGY ($NASDAQ:MSTR): MicroStrategy Incorporated is a publicly traded American holding company and provider of enterprise software platforms and services. The company’s software is designed to help enterprise organizations worldwide with business intelligence , mobile software, and cloud-based services. 96, which missed the consensus estimate of $1. 02.

Earnings

“In the second quarter, we delivered strong total revenue and subscription growth as customers continued to invest in our solutions to transform their businesses,” said Michael Saylor, CEO, MicroStrategy Incorporated. We remain focused on executing our long-term growth strategy and on delivering value for our shareholders.”

Share Price

MicroStrategy’s stock prices have mostly been neutral so far today, but the stock took a 3.9% hit yesterday after it was announced that the company’s EPS for the third quarter fell short of expectations.

VI Analysis

MicroStrategy Incorporated is a publicly traded company that provides enterprise software platforms worldwide. The company’s products are designed to help enterprises transform their businesses by making data-driven decisions. MicroStrategy’s platform includes a suite of products for business intelligence, mobile analytics, and enterprise reporting. MicroStrategy’s platform is used by some of the world’s largest companies, including Amazon, Facebook, IBM, and Microsoft. The company has a strong presence in the enterprise software market, with a large customer base and a strong product offering.

However, MicroStrategy is not without its challenges. The company faces competition from other enterprise software providers, and its products are not always well-suited to all types of businesses.

In addition, MicroStrategy’s stock price has been volatile in recent years, and the company has had difficulty growing its revenue. Despite these challenges, MicroStrategy remains a leading provider of enterprise software platforms. The company’s products are used by some of the world’s largest companies, and its platform is well-suited to businesses that need to make data-driven decisions. For these reasons, MicroStrategy is likely to continue to be a major player in the enterprise software market.

VI Peers

The company’s main competitors are Coinbase Global Inc, Riot Blockchain Inc, Bakkt Holdings Inc.

– Coinbase Global Inc ($NASDAQ:COIN)

Coinbase Global Inc is a digital asset exchange company. The Company’s mission is to create an open financial system for the world. The Company operates a digital currency exchange platform for individual and institutional investors, traders, and developers. The Company offers its products and services through its online platform and mobile application. The Company serves customers in North America, Europe, Asia Pacific, South America, and the Middle East and Africa.

– Riot Blockchain Inc ($NASDAQ:RIOT)

Riot Blockchain Inc has a market cap of 893.37M as of 2022. The company’s ROE for the same year is -2.48%. Riot Blockchain Inc is a provider of blockchain technology solutions to the global financial markets. The company’s mission is to be the leading blockchain technology provider in the world.

– Bakkt Holdings Inc ($NYSE:BKKT)

Bakkt Holdings Inc is a company that provides digital asset custody, trading, and other financial services. As of 2022, the company had a market capitalization of 164.26 million and a return on equity of -26.03%. The company’s primary focus is on digital assets, such as Bitcoin, and providing custody, trading, and other financial services related to these assets.

Summary

MicroStrategy Incorporated is a leading worldwide provider of enterprise software platforms. The company’s enterprise intelligence platform enables organizations to analyze internal and external data to make better business decisions. MicroStrategy’s EI platform delivers actionable information through interactive dashboards, scorecards, and powerful visualization and analysis tools.

MicroStrategy has a long history of Innovation and has been the recipient of numerous awards for its technology leadership. The company is headquartered in Tysons Corner, Virginia, USA, with regional headquarters in Europe, Asia Pacific, and Latin America.