MicroStrategy's Q1 Earnings: Revenue Beat and Profit from Bitcoin Holdings.
TL;DR Summary
MicroStrategy reported Q1 Non-GAAP EPS of $30.59, beating estimates by $30.32, and revenue of $121.62M, beating estimates by $2.58M. The company's gross profit for Q1 2023 was $94.0 million, representing a 77.1% gross margin. MicroStrategy's cash and cash equivalents as of March 31, 2023, were $94.3 million, up from $43.8 million as of December 31, 2022.
- MicroStrategy Non-GAAP EPS of $30.59 beats by $30.32, revenue of $121.62M beats by $2.58M Seeking Alpha
- Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge CoinDesk
- MicroStrategy Q1 Earnings Highlights: Revenue Beat, Cloud Update And How Many Bitcoin Company Holds - Mic Benzinga
- MicroStrategy Announces First Quarter 2023 Financial Results Yahoo Finance
- MicroStrategy Posts Profit on Benefit Tied to Bitcoin Holdings Bloomberg
- View Full Coverage on Google News
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