Model N Inc Company News
Financial Highlights and Analyst Comparison for Q2 FY2024
Although the revenue and EPS for Model N (MODN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Model N (MODN) delivered earnings and revenue surprises of -7.69% and 1.72%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
SAN MATEO, Calif., May 06, 2024--Model N, Inc. (NYSE: MODN), a leader in cloud revenue management solutions, today announced financial results for the second quarter of fiscal year 2024 ended March 31, 2024.
SAN MATEO, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Model N, Inc. (NYSE: MODN), a leader in revenue optimization and compliance, plans to announce financial results for the second quarter fiscal year 2024 pre-market on Monday, May 6, 2024. Due to the Company’s pending acquisition by Vista Equity Partners that was announced on April 8, 2024, there will not be a conference call or live webcast to discuss the financial results. About Model N Model N is the leader in revenue optimization and complia
Model N last week agreed to be taken private by investment firm Vista Equity for about $1.25 billion. "We believe the proposed acquisition materially undervalues Model N's outlook as a public company or value to strategic or financial buyers," ClearBridge said in its letter to Model N. The equity manager said the board and the company's advisers should remain open minded to potentially superior offers or Model N shareholders should consider the potential long-term value creation in staying a standalone public entity.
Global equity manager ClearBridge Investments said on Monday it has urged Model N's board to reconsider the proposed acquisition of the healthcare IT firm by Vista Equity Partners. Model N last week agreed to be taken private by investment firm Vista Equity for about $1.25 billion. "We believe the proposed acquisition materially undervalues Model N's outlook as a public company or value to strategic or financial buyers," ClearBridge said in its letter to Model N.
NEW YORK, April 15, 2024--ClearBridge Investments sends letter to Model N, Inc. to urge Board of Directors to reconsider recently announced agreement to be acquired.
Model N (MODN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
For Model N (MODN), the acquisition by Vista opens doors to enhanced resources, positioning it for sustained growth and market leadership in the years to come.
Vista will acquire all the outstanding shares of Model N for $30 per share, according to the terms of the agreement, representing a premium of 10.7% to the company's last close. Model N provides revenue management software to the life sciences and high-tech industries. Its customers comprise pharmaceutical companies, semiconductor manufacturers and medical device makers including Johnson & Johnson, AstraZeneca and Microchip Technology.
Healthcare IT firm Model N said on Monday it has entered into an agreement to be taken private by investment firm Vista Equity Partners for about $1.25 billion, sending its shares up 9.3% at $29.60 in premarket trading. Vista will acquire all the outstanding shares of Model N for $30 per share, according to the terms of the agreement, representing a premium of 10.7% to the company's last close. Model N provides revenue management software to the life sciences and high-tech industries.
Old Arcived News About Model N Inc
- 2015 Press Releases. [at noodls] - Europe's Largest Access and Pricing Summit for Pharmaceutical Industry Professionals REDWOOD CITY, CA - June 3, 2015 - Model N, Inc. (NYSE: MODN), the leading Revenue Management Cloud solutions provider ...
- Atmel Selects Model N Revvy Sales Application Suite. [at noodls] - REDWOOD SHORES, CA -- (Marketwired) -- 02/17/15 -- Model N, Inc. (NYSE: MODN), the leading revenue management solutions provider to the life science and technology industries, today announced that Atmel, ...
- Direction of Market Influences- Research on Model N, Ring Energy, Synutra International, and Natural Gas Services Group. [Accesswire] - NEW YORK, NY / ACCESSWIRE / December 07, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Model N Inc. ...
- Edited Transcript of MODN earnings conference call or presentation 9-Nov-15 10:00pm GMT.
- Is Marine Products Corp..
- Keryx Biopharmaceuticals Live on Revenue Management Cloud Using Model N Express. [at noodls] - Keryx Biopharmaceuticals Live on Revenue Management Cloud using Model N Express Model N's out-of-the-box, SaaS Revenue Management solution delivers fast time-to-value Redwood City, CA - April 9, 2015 - ...
- Leading Pharmaceutical Companies Attend the Model N Regulatory Summit. [at noodls] - Summit addresses strategies to accommodate changing regulatory environment REDWOOD CITY, Calif. - December 8, 2015 - Model N, Inc. (NYSE: MODN), the leading provider of cloud-based Revenue Management solutions ...
- Model N Announces Date of First Quarter Fiscal 2016 Financial Results.
- Model N Announces Date of Fourth Quarter and Fiscal Year 2015 Financial Results. [Business Wire] - Model N, Inc. , the leading provider of cloud-based Revenue Management solutions to life science, technology and manufacturing companies, plans to announce financial results for the fourth quarter and fiscal year 2015 after market close on Monday, November 9, 2015.
- Model N Announces Date of Second Quarter Fiscal 2015 Financial Results. [at noodls] - REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Model N, Inc. (NYSE: MODN), the leader in Revenue Management Cloud solutions to the life science and technology industries, plans to announce financial results for ...
- Model N Announces First Quarter of Fiscal Year 2016 Financial Results.
- Model N Announces Fourth Quarter and Fiscal Year 2015 Financial Results. [at noodls] - REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Model N, Inc., (NYSE: MODN), the leading provider of cloud-based Revenue Management solutions to life science, technology and manufacturing companies, today announced ...
- Model N Announces Keith Ferrazzi as Keynote Speaker at Rainmaker 2016.
- Model N Announces Second Quarter Fiscal Year 2015 Financial Results. [at noodls] - Model N Announces Second Quarter Fiscal Year 2015 Financial Results
- Model N Annual Global Pricing Survey Identifies Five Critical Success Factors to Achieve Global Price Excellence. [Marketwired] - Model N, Inc. , the leading provider of cloud-based Revenue Management solutions to life science, technology and manufacturing companies, announced today the results from its annual global pricing survey ...
- Model N Continues to Shape Revenue Management Thought Leadership at Upcoming Pharma Pricing & Market Access Congress 2015. [at noodls] - GENEVA, SWITZERLAND -- (Marketwired) -- 02/24/15 -- Model N, Inc. (NYSE: MODN), the leading Revenue Management Cloud solutions provider to the life science and technology industries, announced today another ...
- Model N Enables Pharmaceutical Companies to Comply With the AMP Final Rule.
- Model N Founder Zack Rinat to Assume Role as Executive Chairman of the Board; Edward Sander to Assume Role as Chief Executive.
- Model N Global Price Management SaaS Solution Gains Momentum Within the Life Science Vertical. [at noodls] - REDWOOD CITY, CA --(Marketwired - March 02, 2015) - Model N, Inc. (NYSE: MODN), the leading Revenue Management Cloud solutions provider to the life science and technology industries, today announced that ...
- Model N Kicks Off Rainmaker 2016: Industry Leaders Focus on Turning Relationships Into Revenue.
- Model N reports 1Q loss.
- Model N reports 2Q loss.
- Model N reports 3Q loss.
- Model N reports 4Q loss. [AP] - On a per-share basis, the Redwood City, California-based company said it had a loss of 19 cents. Losses, adjusted for stock option expense and non-recurring costs, were 7 cents per share. The results surpassed ...
- Model N Selected by Fairchild Semiconductor to Manage the Full Design to Revenue Lifecycle. [Marketwired] - Model N, Inc. , the leading Revenue Management Cloud solutions provider to the life science and technology industries, announced today that Fairchild Semiconductor has selected its Revenue Management Cloud ...
- Model N Selected by Fairchild to Manage the Full Design to Revenue Lifecycle. [at noodls] - Pioneering the unification of Customer Relationship Management (CRM) with Revenue Management (RM) REDWOOD CITY, CA - December 16th - Model N, Inc. (NYSE: MODN), the leading Revenue Management Cloud solutions ...
- Model N Sponsors the 2015 Global Semiconductor Alliance. [at noodls] - Geneva, CH - May 6, 2015 - Model N, Inc. (NYSE: MODN), the leading Revenue Management Cloud solutions provider to the life science and technology industries, announced today their gold level sponsorship ...
- Model N to Acquire Channel Data Management Leader Channelinsight. [Marketwired] - Model N, Inc. , announced today it has signed a definitive agreement to acquire Channelinsight, a leading provider of Channel Data Management solutions. The combination of Model N Channel Management and ...
- Model N to Host Analysts & Investors Day. [Business Wire] - Model N, Inc. , the leading provider of cloud-based Revenue Management solutions to life science, technology and manufacturing companies, today announced that it will be hosting an Analysts & Investors Day in San Francisco on Tuesday, November 10, 2015.
- Model N to Present at J.P. Morgan Healthcare Conference.
- Model N to Present at J.P. Morgan Technology Conference. [at noodls] - REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Model N, Inc. (NYSE: MODN), the leader in Revenue Management Cloud solutions to the life science and technology industries, today announced that Zack Rinat, Chairman, ...
- Model N to Present at JMP Securities Technology Conference. [at noodls] - REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Model N, Inc. (NYSE: MODN), the leader in Revenue Management Cloud solutions to the life science and technology industries, today announced that Mark Tisdel, SVP ...
- Model N to Present at Piper Jaffray Technology Conference. [at noodls] - REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Model N, Inc. (NYSE: MODN), the leader in Revenue Management Cloud solutions to the life science and technology industries, today announced that Mark Tisdel, SVP ...
- Model N to Present at Raymond James Technology Investors Conference. [Business Wire] - Model N, Inc. , the leading provider of cloud-based Revenue Management solutions to life science, technology and manufacturing companies, today announced that Mark Tisdel, SVP and Chief Financial Officer, will be presenting at the Raymond James Technology Investors Conference in New York, NY.
- Model N to Sponsor European Pricing Platform Life Sciences Executive Briefing in Zurich. [Marketwired] - Model N, Inc. , the leading Revenue Management Cloud solutions provider to the life science and technology industries, announced today its sponsorship of the EPP Life Sciences Executive Briefing in Zurich, ...
- Model N tops Street 4Q forecasts.
- Model N Welcomes Alan Henricks to its Board of Directors. [at noodls] - REDWOOD CITY, CA -- (Marketwired) -- 05/11/15 -- Model N, Inc. (NYSE: MODN) , the leading Revenue Management Cloud solutions provider to the life science and technology industries, announced today that ...
- Model N, Inc. Earnings Q3, 2015.
- MODEL N, INC. Files SEC form 10-K, Annual Report.
- MODEL N, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits.
- MODEL N, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Statements a.
- MODEL N, INC. Financials.
- NFL Champion Roger Craig and Adobe Chief Financial Officer Mark Garrett to Keynote Model N's Rainmaker 2015 Conference. [Marketwired] - Model N, Inc. , the leading Revenue Management solutions provider to the life science and technology industries, announced today that former NFL champion and 49ers Hall of Fame running back, Roger Craig, ...
- Q4 2015 Model N Inc Earnings Release - After Market Close.
- Six Key Buyer Trends Reshaping MedTech Selling and Pricing. [Marketwired] - Model N, Inc. , the leading provider of cloud-based Revenue Management solutions to life science, technology and manufacturing companies, released the results of a study focused on the buying trends reshaping ...
- What's in the Cards for Model N.
Model N Inc Short Company Overview:
Model N, Inc. provides revenue management solutions. The Company offers management platform that allows access to large organizations to manage their revenue life cycles across various product lines and divisions. Model N serves life science and technology industries worldwide.
