MicroStrategy Q1: EPS -USD 3.09, Revenue USD 115.246M, Stock Stable at 1250

MicroStrategy reported a disappointing first quarter with earnings per share (EPS) of -USD 3.09 and a net income of USD -53.118 million. The company's revenue for the quarter was USD 115.246 million, a 5% year-over-year decline and below the IBES estimate of USD 121.7 million. Operating expenses were USD 288.933 million, with a gross profit of USD 85.231 million. Despite these figures, the stock price of MicroStrategy showed minimal movement after hours, decreasing by 6% but closing nearly unchanged at USD 1250. The company also attracted significant new institutional buyers in Q1.