Form 8-K Medidata Solutions, Inc. For: Oct 28

Go back to Form 8-K Medidata Solutions, Inc. For: Oct 28

Medidata Solutions (MDSO) Misses Q3 EPS by 2c

October 28, 2014 6:34 AM EDT

Medidata Solutions (NASDAQ: MDSO) reported Q3 EPS of $0.20, $0.02 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $86 million versus the consensus estimate of $87.72 million.

Additional Highlights

Subsequent to the close of the third quarter, Medidata acquired Patient Profiles, LLC, an early-stage software company focused on clinical data analytics in clinical trials. The acquisition broadens Medidatas current risk-based monitoring solution with centralized statistical monitoring capabilities. Risk-based monitoring is a key strategy for reducing... More