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.
