Wells Fargo Downgrades Medidata Solutions (MDSO) to Market Perform

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Medidata Reports Record Second Quarter 2016 Results

July 20, 2016 6:30 AM EDT

Record revenues of $114.6 million, a 10% sequential and 17% year-over-year increase Record subscription revenue of $96.8 million, an 8% sequential and 15% year-over-year increase Reiterates full-year 2016 total revenue and profitability guidance

NEW YORK--(BUSINESS WIRE)-- Medidata (NASDAQ: MDSO), the leading global provider of cloud-based solutions for clinical research in life sciences, today... More