Model N (MODN) Tops Q2 EPS by 6c

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Go back to Model N (MODN) Tops Q2 EPS by 6c

Model N Announces Second Quarter of Fiscal Year 2018 Financial Results

May 8, 2018 4:15 PM EDT

Announces Debt Refinancing with Wells Fargo Bank N.A.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Model N, Inc., (NYSE: MODN), the leading provider of revenue management cloud solutions for the pharmaceutical, medical device, high tech, manufacturing and semiconductor industries, today announced financial results for the second quarter, which ended March 31, 2018.

Model N exceeded its revenue and profitability guidance for the second quarter of fiscal 2018 and posted our third straight quarter of positive Adjusted EBITDA, with positive free cash flow of $4.7 million. In addition, I am excited to... More