Model N: Fiscal Q3 Earnings Snapshot
SAN MATEO, Calif. (AP) _ Model N Inc. (MODN) on Tuesday reported a loss of $6.2 million in its fiscal third quarter.
On a per-share basis, the San Mateo, California-based company said it had a loss of 17 cents. Earnings, adjusted for stock option expense and amortization costs, were 23 cents per share.
The provider of revenue management services to the life science and technology industries posted revenue of $56.2 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $55.1 million.
For the current quarter ending in September, Model N said it expects revenue in the range of $56 million to $56.5 million.
The company expects full-year revenue in the range of $217 million to $217.5 million.