Wells Fargo Downgrades Medidata Solutions (MDSO) to Market Perform
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Needham & Company Reiterates Buy on Medidata Solutions (MDSO) Following Strong 2Q Results
July 21, 2016 8:32 AM EDTNeedham & Company reiterated a Buy rating on Medidata Solutions (NASDAQ: MDSO), and raised the price target to $60.00 (from $55.00), following the company's 2Q earnings report. MDSO reported revenues of $114.6mm, ahead of $112.4mm estimate. EPS of $0.24 also beat estimates with a $0.23 consensus.
Analyst Scott Berg... More
Medidata Solutions (MDSO) Tops Q2 EPS by 1c; Reiterates Outlook
July 20, 2016 6:31 AM EDTMedidata Solutions (NASDAQ: MDSO) reported Q2 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $114.6 million versus the consensus estimate of $112.39 million.
Our second quarter results come from strong execution across the Company and reflect Medidatas momentum in driving adoption of our integrated cloud platform, said Tarek Sherif, Medidatas chairman and chief executive officer. With demand growing for Medidata CTMS, Payments, Balance and mHealth, as well as... More
