Model N (MODN) Tops Q2 EPS by 3c, Offers Q3 & FY Guidance

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Model N Announces Second Quarter Fiscal Year 2015 Financial Results

May 11, 2015 4:05 PM EDT

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Model N, Inc., (NYSE: MODN), the leader in Revenue Management Cloud solutions to the life science and technology industries, today announced financial results for the second quarter of fiscal year 2015, which ended March 31, 2015.

Our business showed further financial improvement in the second quarter, as we grew both our revenue and the mix of recurring revenues, said Zack Rinat, Founder, Chairman, and Chief Executive Officer at Model N. Our Revenue Management as a Service vision is resonating well with our customers and we expect to demonstrate further growth... More