MODN Stock Recent News

Model N (MODN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Model N (MODN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Model N (MODN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Model N (MODN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

The heavy selling pressure might have exhausted for Model N (MODN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Solid momentum in the Subscription business and growth in Professional Services enable Model N (MODN) to beat third-quarter fiscal 2023 earnings estimates.

The headline numbers for Model N (MODN) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Model N (MODN) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.23 per share a year ago.

Model N (MODN) reported earnings 30 days ago. What's next for the stock?

Model N, Inc. (NYSE:MODN ) Q2 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Carolyn Bass - Investor Relations Jason Blessing - Chief Executive Officer John Ederer - Chief Financial Officer Conference Call Participants Joseph Vruwink - Robert W. Baird Craig Hettenbach - Morgan Stanley Nicholas Mattiacci - Craig-Hallum Capital Group Matthew Shea - Needham & Company Matthew VanVliet - BTIG Dominique Manansala - Truist Securities Rishi Jaluria - RBC Capital Markets Johnathan McCary - Raymond James Operator Good afternoon, and welcome to Model N's Second Quarter of Fiscal 2023 Earnings Conference Call.