Medidata Solutions (MDSO) Tops Q2 EPS by 18c; Guides FY11, Q3 Revs and Net Income

August 9, 2011 6:36 AM EDT
Medidata Solutions, Inc. (NASDAQ: MDSO) reported Q2 EPS of $0.51, $0.18 better than the analyst estimate of $0.33. Revenue for the quarter came in at $50.2 million versus the consensus estimate of $44.98 million.

Sees FY2011 revenue of $182-$186 million, versus the consensus of $183.84 million, and net income of $43 to $47 million.

Sees Q3 2011 revenue of $45-$46 million, versus the consensus of $46.82 million, and net income of $8 to $9 million.


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