Model N (NYSE:MODN) reported its Q1 earnings results on Tuesday, February 6, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Model N missed estimated earnings by 3.45%, reporting an EPS of $0.28 versus an estimate of $0.29.
Revenue was up $4.34 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 15.5% drop in the share price the next day.
Here’s a look at Model N’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.29 | 0.24 | 0.17 | 0.22 |
| EPS Actual | 0.31 | 0.35 | 0.22 | 0.23 |
| Revenue Estimate | 62.25M | 62.09M | 59.71M | 57.72M |
| Revenue Actual | 63.97M | 63.74M | 62.60M | 59.15M |
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.
