Model N, Inc. (NYSE:MODN) is reporting third quarter financial results on Tuesday 4th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, MODN is expected to report 3Q20 income of $ 0.06 per share from revenue of $ 39.57 million.
For the full year, analysts anticipate top line of $ 155.52 million, while looking forward to income of $ 0.29 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 39.40 million ~ $ 39.80 million
Full Year 2020 topline are forecasted in a range of$ 154.00 million ~ $ 156.00 million, where as bottomline are predicted in a range of $ 0.28 ~ $ 0.31 per share
Click Here For More Historical Outlooks Of Model N, Inc.
Previous Quarter Performance
Model N, Inc. revealed income for the second quarter of $ 0.07 per share, from the revenue of $ 39.95 million. The quarterly earnings dropped 40.00 percent while revenues compared with the same quarter last year.
According to street consensus, MODN was expected to report 2Q20 income of $ 0.02 per share from revenue of $ 38.47 million. The bottom line results beat street analysts by $ 0.05 or 250.00 percent, at the same time, top line results outshined analysts by $ 1.48 million or 3.85 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of MODN was $ 40.71, representing a 171.40 % increase from the 52 week low of $ 15.00 and a 0.17 % decrease over the 52 week high of $ 40.78.
The company has a market capital of $ 1.40 billion and is part of the Technology sector and Software – Application industry.
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Conference Call
Model N, Inc. will be hosting a conference call at 5:00 PM eastern time on 4th August 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.modeln.com
Model N, Inc. provides revenue management cloud solutions for the life sciences and technology companies. The companys cloud-based revenue management solutions include Revenue Cloud for Pharma, Revenue Cloud for Med Tech, and Revenue Cloud for Semiconductors and High Tech Manufacturing.
