Medidata Reports Second Quarter 2018 Results

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Medidata Solutions (MDSO) Tops Q2 EPS by 4c, Slight Miss on Revenues

July 24, 2018 6:32 AM EDT

Medidata Solutions (NASDAQ: MDSO) reported Q2 EPS of $0.43, $0.04 better than the analyst estimate of $0.39. Revenue for the quarter came in at $155.9 million versus the consensus estimate of $156.01 million.

We executed well operationally and delivered strong business results this quarter and in the first half of the year, all while closing our largest acquisition to date, said Tarek Sherif, chairman and chief executive officer, Medidata. Providing the life sciences industry a next gen... More