Model N: Q1 Earnings Insights

Model N 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.

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.

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.