MicroStrategy (Nasdaq: MSTR) reported earnings on April 29. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), MicroStrategy whiffed on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue contracted. Non-GAAP earnings per share dropped to a loss. GAAP earnings per share increased significantly.

Gross margins contracted, operating margins contracted, net margins grew.

Revenue details
MicroStrategy reported revenue of $130.2 million. The nine analysts polled by S&P Capital IQ predicted revenue of $149.6 million on the same basis. GAAP reported sales were 10% lower than the prior-year quarter's $145.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at -$0.46. The seven earnings estimates compiled by S&P Capital IQ predicted $0.34 per share. Non-GAAP EPS were -$0.46 for Q1 compared to $0.02 per share for the prior-year quarter. GAAP EPS of $4.57 for Q1 were much higher than the prior-year quarter's $0.02 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 72.4%, 70 basis points worse than the prior-year quarter. Operating margin was -6.7%, 700 basis points worse than the prior-year quarter. Net margin was 39.6%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $143.5 million. On the bottom line, the average EPS estimate is $0.54.

Next year's average estimate for revenue is $596.8 million. The average EPS estimate is $2.26.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 181 members out of 213 rating the stock outperform, and 32 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give MicroStrategy a green thumbs-up, and 13 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MicroStrategy is hold, with an average price target of $117.88.

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