MicroStrategy Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2022
May 03, 2022 at 04:09 pm EDT
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MicroStrategy Incorporated reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was USD 119.28 million compared to USD 122.9 million a year ago. Net loss was USD 130.75 million compared to USD 110.02 million a year ago. Basic loss per share from continuing operations was USD 11.58 compared to USD 11.4 a year ago. Diluted loss per share from continuing operations was USD 11.58 compared to USD 11.4 a year ago.
MicroStrategy Incorporated is a bitcoin development company. It is engaged in the development of the bitcoin network through its activities in the financial markets, advocacy and technology. It designs, develops, markets and sales its software platform through licensing arrangements and cloud subscriptions and related services. It provides artificial intelligence-powered business intelligence, and enterprise analytics solutions. It offers software and services designed to turn complex, chaotic data environments into rich, reliable, and convenient information feeds for its customers. Its cloud-native flagship, MicroStrategy ONE, powers some of the analytics deployments in the world for customers spanning a range of industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications and the public sector. MicroStrategy ONE provides non-technical users with the ability to directly access novel and actionable insights for decision-making.
MICROSTRATEGY INCORPORATED 
