Model N Inc. (MODN) Tops Q1 EPS by 1c; Guides

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Go back to Model N Inc. (MODN) Tops Q1 EPS by 1c; Guides

Model N Announces First Quarter Fiscal Year 2023 Financial Results

February 7, 2023 4:05 PM EST

Total Revenue Grew 15% Year-over-Year
SaaS ARR Grew 36% Year-over-Year
Net Loss Decreased 35% Year-over-Year
Adjusted EBITDA Grew 27% 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 first quarter of fiscal year 2023 ended December 31, 2022.

I am very proud of our team for the strong first quarter results. During the quarter, we signed new logos, closed another significant SaaS transition, expanded within numerous existing... More