Medidata Reports Record Third Quarter 2015 Results

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Topeka Capital Upgrades Medidata Solutions (MDSO) to Buy

October 28, 2015 6:51 AM EDT

Topeka Capital upgraded Medidata Solutions (NASDAQ: MDSO) from Hold to Buy with a price target of $50.00.

For an analyst ratings summary and ratings history on Medidata Solutions click here. For more ratings news on Medidata Solutions click here.

Shares of Medidata Solutions closed at $41.24 yesterday.

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Medidata Solutions (MDSO) Reports In-Line Q3 EPS, Maintains FY15 Guidance

October 27, 2015 7:29 AM EDT

Medidata Solutions (NASDAQ: MDSO) reported Q3 EPS of $0.24, in-line with the analyst estimate of $0.24. Revenue for the quarter came in at $103.1 million versus the consensus estimate of $103.49 million.

Financial Outlook

For the full-year 2015, the company is maintaining its previously stated total revenue and profitability guidance ranges, which expects the following:

Revenues between $392.0 and $412.0 million,... More