MicroStrategy (MSTR) - Get Report rose 34.2% in preopen Island trading. After the close Monday, the company said its operating loss was 29 cents per share, beating the Street's estimate of a 33-cent loss and the year-earlier 45 cents.

The company, which makes software that helps business analyze consumer information, said it expects a loss of 15 to 19 cents per share excluding charges in the second quarter.

Earlier this month, MicroStrategy said it would get rid of all its non-core business lines.