Model N Inc. (MODN) Tops Q4 EPS by 1c, provides guidance

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BTIG Downgrades Model N, Inc. (MODN) to Neutral, 'Cloud Transition Hangover Impacting Near-Term Growth Outlook'

November 10, 2023 6:37 AM EST

BTIG analyst Matthew VanVliet downgraded Model N, Inc. (NYSE: MODN) from Buy to Neutral.

The analyst comments "On Thursday, November 9, MODN reported F4Q23 results that were mostly better than expected, but offered a muted outlook for Subscription revenue growth as the company resets the growth outlook as it nears... More