04:40 PM EDT, 04/29/2024 (MT Newswires) -- MicroStrategy ( MSTR ) reported a Q1 non-GAAP loss late Monday of $8.26 per diluted share, compared with earnings of $30.59 a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.13.

Revenue in the quarter ended March 31 fell to $115.2 million from $121.9 million a year earlier.

Analysts surveyed by Capital IQ expected $121.4 million.

Shares of the company fell 4.9% in recent after-hours trading.

Price: 1,230.00, Change: -62.97, Percent Change: -4.87