Press releases
  Date Title and Summary View
08-28-00
VIENNA, Va., Aug. 28 -- MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of Intelligent E-Business(TM) software, today announced actions designed to improve its business and restore confidence with the financial community. The restructuring includes a reduction of MicroStrategy's workforce by 234, which represe...
08-01-00
VIENNA, Va., Aug. 1 -- MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of Intelligent E-Business(TM) software, today announced that it has strengthened its management team. Effective immediately, Eric Brown, an executive with over ten years experience in senior financial management roles at companies including E...
06-19-00
VIENNA, Va., June 19 -- MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of Intelligent E-Business(TM) software, today announced it has concluded a private placement of $125 million of convertible preferred stock with institutional investors led by Promethean Asset Management. The preferred stock is ...
04-13-00
VIENNA, Va., April 13 -- MicroStrategy Incorporated (Nasdaq: MSTR) today announced that it had completed its previously announced revision to its financial statements. The Company, with the concurrence of PricewaterhouseCoopers LLP, its auditors, has reduced its reported revenue for 1999 from $205.3 million to $151.3 million...
04-13-00
VIENNA, Va., April 13 -- In the last several weeks, MicroStrategy(R) Incorporated (Nasdaq: MSTR) has worked with its auditors, PricewaterhouseCoopers, to conduct a rigorous review of the Company's financials to ensure that MicroStrategy uses appropriate accounting methods. Following this review, MicroStrategy has reached two conclusions. ...
04-03-00
VIENNA, Va., April 3 -- Michael Saylor, president and CEO of MicroStrategy(R) Incorporated (Nasdaq: MSTR), today issued a statement to shareholders and customers addressing the company's recent timing of revenue recognition revision. In the statement Mr. Saylor indicated that the company is taking the matter very seriously, and is continu...
03-21-00
VIENNA, Va., March 21 -- MicroStrategy Incorporated (Nasdaq: MSTR) today announced a clarification of its March 20, 2000, public statements respecting the revision of its 1998 and 1999 reported revenues and operating results. In its March 20 press release, MicroStrategy indicated that the revisions were made "to conform to the most recen...
03-21-00
VIENNA, Va., March 21 -- MicroStrategy Incorporated (Nasdaq: MSTR) today announced that a number of lawsuits purporting to be class actions had been filed naming the Company and certain of its officers and directors as defendants alleging violations of various securities laws in connection with the Company's previously announced revision ...
03-21-00
 TYPE:  RW  SEQUENCE:  1  DESCRIPTION:  REQUEST FOR WITHDRAWAL APPLICATION FOR WITHDRAWAL OF REGISTRATION STATEMENT MicroStrategy Incorporated -------------------------- Name of Regi
03-20-00
VIENNA, Va., March 20 -- MicroStrategy Incorporated (Nasdaq: MSTR) today announced that, due to its evolving business model, it is revising its 1999 and 1998 revenues and operating results to conform to the most recent statements of the Securities and Exchange Commission and the accounting profession regarding revenue recognition in the s...
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Nasdaq: MSTR

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