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RTTNews storyMicroStrategy Inc. Jumped To A New High On Q3 News

Fri Oct 30 16:27:00 2009 EDT

(RTTNews) - MicroStrategy Inc. (MSTR) announced third quarter EPS of $1.73 after the close Thursday, which topped the consensus estimate of $0.94. Revenues climbed to $104.02 million, from $90.63 million in the prior-year quarter.

MicroStrategy Inc. gapped up sharply Friday and climbed in early trade, before settling into a range. The stock finished up by 13.83 at $87.27 on the highest volume of the year. MicroStrategy broke out of a one-month range and set a new high for the year.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2009 RTTNews.com, Inc. All Rights Reserved

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