MicroStrategy Incorporated a leading worldwide provider of business intelligence software, announced its financial results for the three-month period ending September 30, 2001, (the third quarter of its 2001 fiscal year) meeting its own previously announced expectations for revenue and exceeding pro forma earnings per share expectations.
Sequentially, the third quarter of 2001 compares favorably to the second quarter of 2001, with pro forma net operating results improving by 42 percent. The company reported revenues for the third quarter of 2001 of $44.2 million compared to $49.2 million in the second quarter of 2001. MicroStrategy reported a pro forma net operating loss, which excludes certain items, for the third quarter of $5.7 million which is $0.06 per share, an 81 percent improvement from the third quarter of 2000.
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