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

Model N

09/08/2022 23:34

* Model N Inc  MODN.N  reported quarterly adjusted earnings
of 23
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 15 cents per share.
    * Revenue rose 10.1% to $56.17 million from a year ago;
analysts
expected $54.78 million. 
    * Model N Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.2%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Model N Inc shares had risen by 3.1% this quarter and
lost 12.2%
so far this year.
    * The company reported a quarterly loss of $6.22 million.
    * Wall Street's median 12-month price target for Model N Inc
is
$34.00 
    * 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 August 9
at 10:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.15           0.23           Beat
 Mar. 31 2022      0.08           0.14           Beat
 Dec. 31 2021      0.09           0.15           Beat
 Sep. 30 2021      0.10           0.18           Beat