Business intelligence software vendor MicroStrategy has reported a 94% increase in net income to $21.4m for the third quarter 2009, compared to $11.1m in the same quarter last year. Revenue increased 15% to $104m. Skip related content
Operating income grew 75% to $30.4m, while EPS grew 92% to $1.73. Cash and cash equivalents at the end of the quarter was $200.1m.
The company said product license revenue grew 39% to $34.4m, and product support and other services revenue grew 4% to $65.7m.
For the nine-month period, the company reported a 97% increase in net income to $54.3m compared to $27.6m a year ago, on revenue up 3% at $272m.
