Model N Inc reports results for the quarter ended in December - Earnings Summary

Model N

07/02/2023 22:05

* Model N Inc  MODN.N  reported quarterly adjusted earnings
of 23
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of 22 cents per share.
    * Revenue rose 14.8% to $59.15 million from a year ago;
analysts
expected $57.72 million. 
    * Model N Inc's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had risen by
about 13.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Model N Inc shares had fallen by 0.7% this quarter.
    * The company reported a quarterly loss of $4.05 million.
    * Wall Street's median 12-month price target for Model N Inc
is
$43.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
7 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.22           0.23           Beat
 Sep. 30 2022      0.19           0.20           Beat
 Jun. 30 2022      0.15           0.23           Beat
 Mar. 31 2022      0.08           0.14           Beat