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MicroStrategy posts 4Q profit

MicroStrategy posts profit of $31.1 million in fourth quarter

Associated Press

TYSONS CORNER, Va. (AP) _ MicroStrategy Inc. (MSTR) on Tuesday reported fourth-quarter net income of $31.1 million.

On a per-share basis, the Tysons Corner, Virginia-based company said it had net income of $2.69.

The business software company posted revenue of $140.1 million in the period.

For the year, the company reported profit of $90.9 million, or $7.89 per share. Revenue was reported as $512.2 million.

MicroStrategy shares have climbed 2 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $201.30, a rise of 16 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSTR at https://www.zacks.com/ap/MSTR

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Keywords: MicroStrategy, Earnings Report