Model N Q3 Adj EPS $0.35 Beats $0.24 Estimate, Sales $63.74M Beat $62.09M Estimate
Portfolio Pulse from vinayak@benzinga.com
Model N reported Q3 earnings of $0.35 per share, beating the analyst consensus estimate of $0.24 by 45.83%. This is a 52.17% increase from the same period last year. The company also reported quarterly sales of $63.74 million, beating the analyst consensus estimate of $62.09 million by 2.65%. This is a 13.47% increase from the same period last year.
August 08, 2023 | 8:30 pm
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POSITIVE IMPACT
Model N's Q3 earnings and sales beat estimates, showing a significant increase from the same period last year. This could potentially lead to a positive impact on the company's stock.
Model N's Q3 earnings and sales have significantly exceeded estimates, indicating strong financial performance. This is likely to be viewed positively by investors, potentially leading to an increase in the company's stock price in the short term.
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RELEVANCE 100