Model N (MODN) Tops Q1 EPS by 1c; New CEO Named

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Go back to Model N (MODN) Tops Q1 EPS by 1c; New CEO Named

Model N Founder Zack Rinat to Assume Role as Executive Chairman of the Board; Edward Sander to Assume Role as Chief Executive Officer

February 8, 2016 4:16 PM EST

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Model N, Inc. (NYSE: MODN), the leading provider of cloud-based Revenue Management solutions to life science, technology and manufacturing companies, today announced that effective February 21, 2016, Founder and current Chairman and Chief Executive Officer, Zack Rinat, will assume the newly-created role of Executive Chairman of the company. Edward Sander will assume the role of Chief Executive Officer and will join the companys Board of Directors.

In a separate release, the company also announced strong results for the first quarter of fiscal year 2016 ended December 31, 2015. The... More

Model N Announces First Quarter of Fiscal Year 2016 Financial Results

February 8, 2016 4:15 PM EST

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Model N, Inc., (NYSE: MODN), the leading provider of cloud-based Revenue Management solutions to life science, technology and manufacturing companies, today announced financial results for the first quarter of fiscal year 2016, which ended December 31, 2015.

Model N posted a strong start to fiscal year 2016 exceeding our guidance for the top and bottom line. We continue to make excellent progress on executing our strategy to concurrently grow our revenues AND to transform our business to SaaS and Recurring Revenue. In particular, I am very excited by the fact that... More