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

Model N

09/08/2021 23:27

* Model N Inc  MODN.N  reported quarterly adjusted earnings of
16 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
2 cents per share.
* Revenue rose 23.7% to $51.04 million from a year ago; 
analysts expected $48.86 million. 
* Model N Inc's reported EPS for the quarter was a loss of 22
cents​.
* The mean earnings estimate of analysts had risen by
about 1,501.8% 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 4.8% this quarter and
lost 8.6% so far this year.
* The company reported a quarterly loss of $7.83 million.
* Wall Street's median 12-month price target for Model N Inc is
$50.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 9 at 10:27 p.m.  ​All
figures in US dollars unless otherwise stated