Recap: Model N Q4 Earnings

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Model N MODN reported its Q4 earnings results on Thursday, November 9, 2023 at 04:05 PM.

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

Earnings

Model N beat estimated earnings by 6.9%, reporting an EPS of $0.31 versus an estimate of $0.29.

Revenue was up $5.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 11.95% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.24 0.17 0.22 0.19
EPS Actual 0.35 0.22 0.23 0.20
Revenue Estimate 62.09M 59.71M 57.72M 56.39M
Revenue Actual 63.74M 62.60M 59.15M 58.17M

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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Posted In: EarningsBZI-Recaps
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