Strategy: Q3 Earnings Snapshot – WTOP News
Almost all of Strategy’s $19.53 billion profit came from unrealized gains on bitcoin holdings, while revenue missed Wall Street forecasts.
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Strategy (NASDAQ:MSTR) Issues Earnings Results, Beats Expectations By $24.56 EPS
Strategy (NASDAQ:MSTR - Get Free Report) released its quarterly earnings results on Thursday. The software maker reported $44.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $20.19 by $24.56. Strategy had a negative return on equity of 74.18% and a negative net margin of 6,102.95%. The business had revenue of $125.43 million during the quarter, compared to the consensus estimate of $127.76 million.
Strategy: Q3 Earnings Snapshot – WTOP News
TYSONS CORNER, Va. (AP) — TYSONS CORNER, Va. (AP) — Strategy Inc (MSTR) on Thursday reported third-quarter earnings of $19.53 billion. On a per-share basis, the Tysons Corner, Virginia-based company said it had net income of $44.75. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was...
Strategy reported $20.91 billion in operating profit in the third quarter. Key figures include its 848,517 BTC holdings, a 26% increase, and a 3.7% decrease in Bitcoin per share.
Strategy reported a net gain of USD $19,530 million in the third quarter, attributed mainly to the increase in the value of its bitcoin holdings. The figure reflects the weight of a treasury of BTC 848,517 in its results, although the company also notes a key difference: the accounting gain does not represent cash flow.
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