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MicroStrategy: 2Q Earnings Snapshot

TYSONS CORNER, Va. (AP) _ MicroStrategy Inc. (MSTR) on Tuesday reported second-quarter profit of $20.4 million.

On a per-share basis, the Tysons Corner, Virginia-based company said it had net income of $1.98. Losses, adjusted for non-recurring gains, were 14 cents per share.

The business software company posted revenue of $117.7 million in the period.

MicroStrategy shares have dropped almost 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $123.19, a decline of almost 4% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSTR at https://www.zacks.com/ap/MSTR