Model N (MODN) Tops Q1 EPS by 3c, Offers Guidance

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Model N Announces First Quarter of Fiscal Year 2019 Financial Results

February 5, 2019 4:15 PM EST

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

We exceeded both revenue and profitability guidance for the first quarter of fiscal 2019, said Jason Blessing, Chief Executive Officer of Model N. I'm pleased with how we're executing as a team. Our focus on life sciences and high tech as well as operational excellence yielded strong results in Q1 and provides us with positive... More