Model N Inc. (MODN) Tops Q2 EPS by 9c, Revenues Beat; Offers 3Q & FY21 EPS/Revenues Guidance Above Consensus

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Model N Announces Second Quarter Fiscal Year 2021 Financial Results

May 10, 2021 4:15 PM EDT

Exceeds Q2 Expectations and Raises Full Fiscal Year 2021 Guidance

SAN MATEO, Calif.--(BUSINESS WIRE)-- Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced financial results for the second quarter fiscal year 2021 ended March 31, 2021.

In the second quarter, we executed well, most notably with large SaaS transitions and expansions within our customer base. Business Services, which we acquired from Deloitte in the first quarter, made significant contributions to our results, and we are already achieving operating synergies and expect to achieve continued growth throughout 2021,... More