TYSONS CORNER, Va. (AP) _ MicroStrategy Inc. (MSTR) on Tuesday reported a first-quarter loss of $7.9 million, after reporting a profit in the same period a year earlier.
The Tysons Corner, Virginia-based company said it had a loss of 77 cents per share. Losses, adjusted for stock option expense, were 54 cents per share.
The business software company posted revenue of $115.4 million in the period.
MicroStrategy shares have climbed 18% since the beginning of the year. The stock has risen 18% in the last 12 months.
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