By booking proceeds of Voice.com sale, Microstrategy earned a nice profit last quarter.
MicroStrategy Incorporated (Nasdaq: MSTR) turned a profit in the second quarter of this year, but only because it sold Voice.com for $30 million.
The company reported earnings this afternoon. It had net income of $20.4 million, or $1.98 per share on a diluted basis. After 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 company can’t sell a big domain name every quarter!