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MicroStrategy: 4Q Earnings Snapshot

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TYSONS CORNER, Va. (AP) _ MicroStrategy Inc. (MSTR) on Thursday reported fourth-quarter profit of $2.7 million.

The Tysons Corner, Virginia-based company said it had net income of 27 cents per share. Earnings, adjusted for one-time gains and costs, came to $2.07 per share.

The business software company posted revenue of $131.3 million in the period.

For the year, the company reported a loss of $7.5 million, or 78 cents per share, swinging to a loss in the period. Revenue was reported as $480.7 million.

MicroStrategy shares have increased 49% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $578.38, more than quadrupling 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