Investing.com - MicroStrategy reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
MicroStrategy announced earnings per share of $-0.96 on revenue of $125.4M. Analysts polled by Investing.com anticipated EPS of $0.00 on revenue of $127.58M.
MicroStrategy shares are down 0% from the beginning of the year and are trading at $257.20 , down-from-52-week-high.
MicroStrategy follows other major Information Technology sector earnings this month
MicroStrategy's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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