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Recap: Model N Q2 Earnings

Model N (NYSE:MODN) reported its Q2 earnings results on Tuesday, May 9, 2023 at 04:15 PM. Here’s what…
byBenzinga Insights
May 9, 2023
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Model N (NYSE:MODN) reported its Q2 earnings results on Tuesday, May 9, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Model N beat estimated earnings by 29.41%, reporting an EPS of $0.22 versus an estimate of $0.17.

Revenue was up $9.32 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 13.16% drop in the share price the next day.

Here’s a look at Model N’s past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.22 0.19 0.15 0.08
EPS Actual 0.23 0.20 0.23 0.14
Revenue Estimate 57.72M 56.39M 54.78M 51.20M
Revenue Actual 59.15M 58.17M 56.17M 53.28M

To track all earnings releases for Model N visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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