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

Model N

11/05/2021 01:24

* Model N Inc  MODN.N  reported quarterly adjusted earnings of 4
cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for a loss of 5
cents per share.
* Revenue rose 20.6% to $48.19 million from a year ago​; 
analysts expected $46.38 million.
* Model N Inc's reported EPS for the quarter was a loss of 30
cents​.
* The mean earnings estimate of analysts had fallen by
about 450.1% 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 risen by 8.1% this quarter and
gained 6.8% so far this year.
* The company reported a quarterly loss of $10.69 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 May 11 at 12:24 a.m. GMT.
​All figures in $