Model N Announces Second Quarter Fiscal Year 2020 Financial Results
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Model N Inc. (MODN) Tops Q2 EPS by 5c; Offers 3Q & FY20 EPS/Revenue Guidance
May 5, 2020 5:11 PM EDTModel N Inc. (NYSE: MODN) reported Q2 EPS of $0.07, $0.05 better than the analyst estimate of $0.02. Revenue for the quarter came in at $39.95 million versus the consensus estimate of $39.04 million.
Our second quarter results exceeded our revenue and profitability guidance. Our financial metrics demonstrate that the strategic focus we brought to the company over the last two years is delivering meaningful improvements in growth and profitability. This strong financial position combined with our go-to-market execution, commitment to customer success, and mission-critical products position us to weather this challenging environment and to grow over time, said... More
