earnings-news1 min read
Nvidia's Earnings Anticipation Grows Amid Price Target Hikes
1 year ago•Source: Seeking Alpha
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1 min•3 years ago
MicroStrategy's Q1 Earnings: Revenue Beat and Profit from Bitcoin Holdings.
MicroStrategy reported Q1 Non-GAAP EPS of $30.59, beating estimates by $30.32, and revenue of $121.62M, beating estimates by $2.58M. The company's gross profit for Q1 2023 was $94.0 million, representing a 77.1% gross margin. MicroStrategy's cash and cash equivalents as of March 31, 2023, were $94.3 million, up from $43.8 million as of December 31, 2022.
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