Model N (NYSE:MODN) reported its Q1 earnings results on Tuesday, February 8, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Model N beat estimated earnings by 66.67%, reporting an EPS of $0.15 versus an estimate of $0.09.
Revenue was up $8.81 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08, which was followed by a 13.82% drop in the share price the next day.
Here's a look at Model N's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.02 | -0.05 | 0.07 |
| EPS Actual | 0.18 | 0.16 | 0.04 | 0.16 |
| Revenue Estimate | 50.88M | 48.86M | 46.38M | 40.42M |
| Revenue Actual | 51.48M | 51.04M | 48.19M | 42.73M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
