Model N Inc. (MODN) Tops Q2 EPS by 7c

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Model N Announces Second Quarter Fiscal Year 2022 Financial Results

May 10, 2022 4:05 PM EDT

Total Revenue Grew 11% Year-over-Year
Adjusted EBITDA Grew 105% Year-over-Year

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 2022 ended March 31, 2022.

We continued our strong momentum in Q2, posting another quarter of record bookings and exceeded all guidance metrics. During the quarter, we closed two more large SaaS transitions and had success selling new products into our customer base, said Jason Blessing, president and chief... More