Model N (MODN) Tops Q4 EPS by 2c; Issues Light Guidance

Model N (NYSE: MODN) reported Q4 EPS of ($0.11), $0.02 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $28.5 million versus the consensus estimate of $27.73 million.

GUIDANCE:

Model N sees Q1 2017 EPS of ($0.18)-($0.16), versus the consensus of ($0.13). Model N sees Q1 2017 revenue of $27.2-27.7 million, versus the consensus of $28.2 million.

Model N sees FY2017 EPS of ($0.73)-($0.70), versus the consensus of ($0.66). Model N sees FY2017 revenue of $105-107 million, versus the consensus of $106.0 million.

For earnings history and earnings-related data on Model N (MODN) click here.

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