Model N, Inc.

MODN

US6075251024

Software

Market Closed - Nyse Other stock markets 04:00:02 2024-05-23 pm EDT			5-day change	1st Jan Change
29.84 ^USD	+0.07%		+0.20%	+10.81%

May. 07	Model N Introduces New Rebate Enhancement, as Pharma Companies Prepare for Impact from the Inflation Reduction Act	CI
May. 06	Model N Fiscal Q2 Non-GAAP Net Income, Revenue Rise	MT

Model N, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024

May 06, 2024 at 09:00 am EDT

Model N, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported revenue was USD 65.11 million compared to USD 62.6 million a year ago. Net loss was USD 1.39 million compared to USD 33.32 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.88 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.88 a year ago.
For the six months, revenue was USD 128.6 million compared to USD 121.76 million a year ago. Net loss was USD 3.19 million compared to USD 37.37 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.99 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to USD 0.99 a year ago.

Latest news about Model N, Inc.

Model N Introduces New Rebate Enhancement, as Pharma Companies Prepare for Impact from the Inflation Reduction Act	May. 07	CI
Model N Fiscal Q2 Non-GAAP Net Income, Revenue Rise	May. 06	MT
Earnings Flash (MODN) MODEL N Reports Q2 Revenue $65.1M, vs. Street Est of $64.5M	May. 06	MT
Earnings Flash (MODN) MODEL N Reports Q2 EPS $0.24, vs. Street Est of $0.28	May. 06	MT
Model N, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024	May. 06	CI
North American Morning Briefing : Stock Futures -2-	May. 06	DJ
Market sentiment sours	Apr. 16
Model N Asked by Institutional Investor to Examine Additional Buyout Offers	Apr. 15	MT
ClearBridge Investments asks Model N to reconsider deal with Vista Equity	Apr. 15	RE
ClearBridge Investments Sends Letter Urging Board of Directors of Model N to Reconsider Proposed Acquisition by Vista Equity Partners	Apr. 15	CI
Morgan Stanley Downgrades Model N to Equalweight From Overweight, Cuts Price Target to $30 From $37	Apr. 10	MT
Craig-Hallum Downgrades Model N to Hold From Buy, Price Target is $30	Apr. 09	MT
Needham Downgrades Model N to Hold From Buy	Apr. 09	MT
Sector Update: Tech Stocks Mixed Late Afternoon	Apr. 08	MT
Sector Update: Tech Stocks Mixed Monday Afternoon	Apr. 08	MT
Model N to Be Taken Private in $1.25 Billion Buyout Deal With Vista Equity Partners	Apr. 08	MT
Sector Update: Tech Stocks Mixed Premarket Monday	Apr. 08	MT
Model N to Be Acquired by Vista Equity Partners for $1.25 Billion in Cash	Apr. 08	MT
Model N to Be Acquired by Vista Equity Partners for $1.25 Billion in Cash	Apr. 08	MT
Model N to Be Acquired by Vista Equity Partners for $1.25 Billion in Cash	Apr. 08	MT
Transcript : Model N, Inc. Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-04-2024 02:55 PM	Mar. 04
JMP Securities Downgrades Model N to Market Perform From Market Outperform	Feb. 07	MT
Transcript : Model N, Inc., Q1 2024 Earnings Call, Feb 06, 2024	Feb. 06
(MODN) MODEL N Sees Q2 Revenue Range $63.5M - $64.5M	Feb. 06	MT
(MODN) MODEL N Sees Fiscal Year 2024 Revenue Range $260.5M - $263.5M	Feb. 06	MT

Chart Model N, Inc.

Duration

Period

More charts

Company Profile

Model N, Inc. is a provider of cloud revenue management solutions for life sciences and technology companies. The Company operates through developing and monetizing revenue management solutions segment. The Company is engaged in revenue optimization and compliance for pharmaceutical, medtech, and high-tech innovators. Its products include channel data management, channel management, deal intelligence, deal management for high tech, deal management for life sciences, global pricing management, global tender management, government pricing, intelligence cloud, market development fund management, medicaid, payer management, price intelligence, provider management, rebate management, and validate. The Company's industry solutions include revenue cloud for pharma, revenue cloud for medtech, revenue cloud for high tech, business services for life science. Its support & services consist professional services, support overview, product support, community portal, knowledge center, and others.

Sector

Software

Calendar

2024-06-24 - Annual General Meeting - M&A Vote

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

Model N: A niche positioning

December 04, 2023 at 10:40 am EST

More Strategies

Ratings for Model N, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

29.84 USD

Average target price

30 USD

Spread / Average Target

+0.54%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Enterprise Software

	1st Jan change	Capi.
MODEL N, INC.	+10.81%	1.18B
ORACLE CORPORATION	+17.70%	342B
SAP SE	+30.03%	225B
SERVICENOW, INC.	+7.31%	158B
CONSTELLATION SOFTWARE INC.	+13.30%	57.49B
FAIR ISAAC CORPORATION	+16.25%	33.77B
HUBSPOT, INC.	+2.47%	31.23B
MICROSTRATEGY INCORPORATED	+144.46%	29.21B
WISETECH GLOBAL LIMITED	+32.71%	21.97B
TOAST, INC.	+38.99%	14.81B

Enterprise Software

Model N, Inc.

Equities

MODN

US6075251024

Software

Model N, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024

EPS Revisions