MicroStrategy Inc. (Nasdaq:MSTR)

Shares of MSTR skyrocketed on Tuesday, after the company reported solid performance on its financial results.

For the third quarter 2013, MSTR posted revenues of $141.9 million, a 4% increase compared to $136.1 million in the same period the prior year, and net income of $17.1 million, or $1.52 per share on a diluted basis, as compared to $4.8 million, or $0.43 per share on a diluted basis, for the third quarter of 2012.

As of September 30, 2013, MSTR had cash and cash equivalents and short-term investments, excluding those held-for-sale, of $343.9 million versus $223.1 million as of December 31, 2012, representing an increase of $120.9 million.

This month, MSTR unveiled the new MicroStrategy Analytics Platform, MSTR 's most important new software release in years and the culmination of over two decades of innovation in analytics and business intelligence.

As part of the new MicroStrategy Analytics Platform, MSTR launched MicroStrategy Analytics Desktop, the company's new desktop-based product for self-service data visualization.

MSTR is a leading worldwide provider of enterprise software platforms. The Company's mission is to provide the most flexible, powerful, scalable and user-friendly platforms for analytics, mobile, identity and loyalty, offered either on premises or in the cloud.

More about MicroStrategy Inc. (Nasdaq:MSTR) at www.microstrategy.com

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