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UPDATE: Medidata Solutions Posts Higher Q1 Profit

Medidata Solutions Inc (NASDAQ: MDSO) posted a rise in its first-quarter profit.

Medidata Solutions' quarterly net income surged to $3.8 million, or $0.15 per share, versus $3.2 million, or $0.13 per share, in the year-ago period. Its net revenue surged 24% to $50.4 million.

Medidata Solutions shares closed at $25.91 yesterday.

Posted-In: profitEarnings News

 

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