Medidata Solutions (MDSO) Tops Q4 EPS by 7c, Offers FY17 Guidance
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Medidata Reports Record Full-Year and Fourth Quarter 2016 Results
February 9, 2017 6:30 AM ESTFull-year total revenue of $463.4 million, representing 18% year-over-year growth Q4 total revenue of $124.5 million, representing 26% year-over-year growth Full-year GAAP net income of $29.0 million, or $0.51 per diluted share, up 120% year-over-year Adjusted subscription backlog1 of $404 million as of December 31, 2016, up 21% year-over-year Provides 2017 total revenue guidance of between $538 and $562 million
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