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

Model N

09/11/2021 23:30

* Model N Inc  MODN.N  reported quarterly adjusted earnings of
18 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was
for earnings of 10 cents per share.
* Revenue rose 24.2% to $51.48 million from a year ago; 
analysts expected $50.88 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 16.7% 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 9.8% this quarter and
gained 3.1% so far this year.
* The company reported a quarterly loss of $6.07 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," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 9 at 11:29 p.m.
 ​All figures in US dollars unless otherwise stated