Model N(MODN)
Search documents
Model N (MODN) Q2 Earnings Miss Despite Top-Line Growth
Zacks Investment Research· 2024-05-07 16:01
Model N, Inc. (MODN) delivered mixed second-quarter fiscal 2024 results, with the top line beating the Zacks Consensus Estimate but the bottom line missing the same. This San Mateo, CA-based company recorded a top-line expansion year over year, driven by healthy demand for cloud revenue management solutions in several end markets.Net IncomeOn a GAAP basis, the company incurred a net loss of $1.4 million or a loss of 4 cents per share compared with a loss of $33.3 million or a loss of 88 cents per share in t ...
Model N Introduces New Rebate Enhancement, as Pharma Companies Prepare for Impact from the Inflation Reduction Act
Newsfilter· 2024-05-07 13:00
SAN MATEO, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Model N (NYSE:MODN), the leader in revenue optimization and compliance has introduced a critical product enhancement that supports evolving compliance needs around the Inflation Reduction Act (IRA). The company has introduced a new Medicare Part D inflation rebate-per-unit, ensuring pharma manufacturers remain compliant with impending IRA regulation and avoid significant revenue loss. "The Inflation Reduction Act introduces sweeping changes for drug pricin ...
Here's What Key Metrics Tell Us About Model N (MODN) Q2 Earnings
Zacks Investment Research· 2024-05-06 15:31
For the quarter ended March 2024, Model N (MODN) reported revenue of $65.11 million, up 4% over the same period last year. EPS came in at $0.24, compared to $0.22 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $64.01 million, representing a surprise of +1.72%. The company delivered an EPS surprise of -7.69%, with the consensus EPS estimate being $0.26.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...
Model N (MODN) Q2 Earnings Miss Estimates
Zacks Investment Research· 2024-05-06 15:11
Model N (MODN) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.69%. A quarter ago, it was expected that this provider of revenue management services to the life science and technology industries would post earnings of $0.29 per share when it actually produced earnings of $0.28, del ...
Model N(MODN) - 2024 Q2 - Quarterly Results
2024-05-06 13:05
Exhibit 99.1 MODEL N ANNOUNCES SECOND QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS SAN MATEO, Calif. – May 6, 2024 - Model N, Inc. (NYSE: MODN), a leader in cloud revenue management solutions, today announced financial results for the second quarter of fiscal year 2024 ended March 31, 2024. Second Quarter 2024 Financial Highlights Model N is a leader in revenue optimization and compliance for pharmaceutical, medtech, and high-tech innovators. Our intelligent platform powers your digital transformation with in ...
Kuehn Law Encourages MODN, DPSI, WIRE and MCBC Investors to Contact Law Firm
Prnewswire· 2024-05-02 18:57
NEW YORK, May 2, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: Model N, Inc has agreed to a merger with Vist ...
Model N(MODN) - 2024 Q1 - Earnings Call Transcript
2024-02-07 01:27
Conference Call Participants Ryan MacDonald - Needham and Company Joe Vruwink - Baird William McNamara - BTIG Adam Hotchkiss - Goldman Sachs Craig Hettenbach - Morgan Stanley Samad Samana - Jefferies Johnathan McCary - Raymond James Aaron Kimson - Citizens JMP With that, I would like to turn the call over to Carolyn Bass, Investor Relations. Please go ahead. Model N, Inc. (NYSE:MODN) Q1 2024 Earnings Conference Call February 6, 2024 5:00 PM ET Company Participants Operator Carolyn Bass Good afternoon. Welco ...
Model N(MODN) - 2024 Q1 - Earnings Call Presentation
2024-02-06 22:04
| --- | --- | --- | |-------------------------------------------------------------------------|--------------------------|-------| | Model N's Market Opportunity is \nExpanding | Total Addressable Market | $9B | | We continue to drive innovation in strong and growing vertical markets | CAGR: 18% | | | | | | | • Life Sciences | | | | • High Tech | $4B | | | • Data & Analytics | | | | | 2018 | 2023 | © 2023 Model N, Inc. | 8 Model N 10 $13.1 $21.4 $26.0 $32.1 $42.9 9.3% 13.3% 13.5% 14.6% 17.2% FY 2019 FY 2020 ...
Model N(MODN) - 2024 Q1 - Quarterly Report
2024-02-06 21:53
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35840 Model N, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 77-0528806 (State or Oth ...
Model N(MODN) - 2023 Q4 - Annual Report
2023-11-17 21:14
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) Commission File Number 001-35840 Model N, Inc. (Exact name of Registrant as specified in its Charter) Delaware 77-0528806 (State or Other Jurisdiction of Incorporation or Organization) 777 Mariners Island Boulevard, Suite 300 San Mateo, California 94404 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (650) 610-4600 ☒ ANNUAL REPORT PURSUANT TO ...