Business intelligence software vendor MicroStrategy (MSTR -9.8%) falls hard after reporting Q3...

|About: MicroStrategy Incorporated (MSTR)|By:, SA News Editor

Business intelligence software vendor MicroStrategy (MSTR -9.8%) falls hard after reporting Q3 revenue of $141.7M (+24% Y/Y) and EPS of $0.44; while the latter beat by $.02, the former was merely in-line, and an in-line number can be problematic for a company with a trailing P/E above 50. In addition, MicroStrategy's deferred revenue balance fell 5% Q/Q, to $97.5M.