Reglikedomain industry desk

Helps MicroStrategy turn a profit — Voice.com sale

Helps MicroStrategy turn a profit — Voice.com sale

By booking proceeds of Voice.com sale, Microstrategy earned a nice profit last quarter.

Screenshot of Voice.com, a fresh blockchain based social media platform

MicroStrategy Incorporated (Nasdaq: MSTR) turned a profit in the second quarter of this year, but only since it sold Voice.com for $30 million.

The firm noted earnings this afternoon. It had net income of $20.4 million, or $1.98 per share on a diluted basis. Following paying taxes, it netted $21.8 million on Voice.com.

Take out the domain name sale and MicroStrategy had a net loss for the second quarter of $1.4 million, or $0.14 per share.

It’s a shame the firm can’t sell a big domain name every quarter!

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