MicroStrategy Incorporated (NASDAQ:MSTR) announced on Monday that net income in fiscal first quarter was $51.6 million or $4.57 a share, evaluated against $0.3 million or $0.02 a share in the similar period a year ago.
Thomson Reuters 5 analysts’ survey on average forecasted to earn $0.35 a share for three months period. Analysts’ forecasts usually exclude onetime items
Revenues for three months period tumbled 6 percent to $130.2 million from $138.3 million in previous year.
Product licenses revenues fell 24 percent to $28.4 million from $37.5 million in previous year.
Tysons Corner, Virginia based MicroStrategy also reported that the term of its 2005 share buyback plan.
Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Actuate Corporation (NASDAQ:BIRT) fell -0.7% to settle at $5.82, Qlik Technologies Inc (NASDAQ:QLIK) moved up +2.83% to end at $26.88 while Microsoft Corporation (NASDAQ:MSFT) jumped +2.58% to finish at $32.61 on Monday.
MicroStrategy Incorporated (NASDAQ:MSTR) on April 29, 2013 increased +1.63% to the closing price of $99.30. The overall volume in the last trading session was 71,954 shares. Its fifty two weeks range was $83.76 – $160.00. The total market capitalization remained at $1.12 billion.
MSTR is ahead of its 52-week low with 18.55% and lagging behind from its 52-week high price with -37.94%. MSTR’s last month’s stock price volatility remained 2.72%. In its share capital MSTR has 11.30 million outstanding shares, among them 7.02 million shares have been floated in market exchange. MSTR’s stock’s institutional ownership remained 88.36% while insider ownership included 0.04%.
The stock price of MSTR is moving down from its 20 days moving average with -0.72% and remote negatively from 50 days moving average with -4.29%. MSTR’s current year’s earnings per share experienced an addition with 13.42% while its current quarter performance remained at -0.09%. Company’s beta coefficient included 1.25. Beta factors measure the amount of market risk associated with market trade.
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