Welcome to our dedicated page for Model N news (Ticker: MODN), a resource for investors and traders seeking the latest updates and insights on Model N stock.
Model N Inc (MODN:NYSE) delivers cloud-based revenue management solutions for regulated industries. This hub provides investors and professionals with essential updates on corporate developments, financial performance, and regulatory compliance strategies.
Access official press releases alongside curated analysis of earnings reports, product innovations, and strategic partnerships. Our coverage spans critical areas including pricing optimization systems, government-mandated compliance updates, and enterprise contract management solutions.
Key content categories include quarterly financial disclosures, leadership announcements, technology platform enhancements, and market expansion initiatives. All materials maintain strict editorial neutrality while emphasizing MODN's role in transforming revenue lifecycle management.
Bookmark this page for streamlined access to Model N's latest business developments. Combine real-time updates with historical context to inform your analysis of this compliance technology leader.
Model N, Inc. (MODN) announced fiscal year 2022 results showing a 13% revenue growth year-over-year, totaling $219.2 million. Q4 revenues were $58.2 million, with a gross profit of $32.6 million and a gross margin of 56%. The company reported a GAAP net loss of $28.6 million for the year, though non-GAAP net income rose 34% to $26.6 million. SaaS ARR grew 31% to $109.4 million. For Q1 and full FY 2023, Model N expects total revenues between $57.0 - $58.0 million and $241.0 - $244.0 million, respectively.
Model N, Inc. (MODN) will announce its fourth quarter and fiscal year 2022 financial results on November 8, 2022, after market close. A conference call to discuss these results and the company's outlook will be held at 2:00 p.m. PT (5:00 p.m. ET) on the same day. The call can be accessed via phone or through a live webcast on Model N’s investor relations page. The company provides cloud revenue management solutions, helping life sciences and high-tech industries minimize revenue leakage and enhance operational efficiencies.
Model N, Inc. (NYSE: MODN) reported a 10% year-over-year increase in total revenues for Q3 FY2022, amounting to $56.2 million.
Adjusted EBITDA rose 36% year-over-year to $10 million, with a margin of 18%.
The company surpassed $100 million in SaaS ARR, marking a 24% year-over-year growth. GAAP net loss decreased to $6.2 million, with non-GAAP net income up 48% to $8.5 million.
Model N expects Q4 revenues between $56.0 - $56.5 million and has provided guidance for the full fiscal year 2022.
Model N (NYSE: MODN) launched Transparency Talks, an educational series in collaboration with Pfizer and Global Pricing Innovations (GPI), aimed at helping pharmaceutical companies navigate drug pricing transparency regulations. This initiative is complemented by the introduction of the State Price Transparency Management (SPTM) solution, the first-ever SaaS tool designed for compliance with state pricing mandates. The series will cover key topics including state-level pricing insights and automation for treatment data, scheduled for August 16, August 30, and September 13.
Model N plans to announce its third quarter financial results for fiscal 2022 after market close on August 9, 2022. A conference call to discuss these results and business outlook is scheduled for 2:00 p.m. PT. Investors can access the call by dialing 877-407-4018 (U.S.) or +1-201-689-8471 (international). The call will also be available via live webcast on Model N's investor relations page. Model N specializes in revenue optimization and compliance for the pharmaceutical and high-tech sectors, serving clients in over 120 countries.
Blue Ridge has appointed three key executives: Prashant Bhatia as Chief Marketing Officer, Brian Murphy as Chief Sales Officer, and Sam Sharff as Chief Financial Officer. These appointments aim to accelerate the company's growth and innovation in supply chain management. Bhatia and Murphy bring a combined 50 years of experience in enterprise technology, while Sharff aims to strengthen financial operations. The company is focused on addressing global supply chain disruptions and enhancing its offerings through AI-driven solutions.
Model N, a pioneer in revenue optimization and compliance, announced that CEO Jason Blessing will speak at the Jefferies 2022 Software Conference on June 2, 2022, at 9:30 a.m. PT (12:30 p.m. ET). The presentation will be available live and on replay via the Model N investor relations page. Model N’s platform supports digital transformation in industries like pharmaceutical and tech, providing insights that enhance pricing and contract strategies.
Model N, Inc. (NYSE: MODN) has launched its Spring 2022 product release for the Model N Revenue Cloud, introducing a new Payment Management solution aimed at high-tech companies and enhancements for pharmaceutical and medtech sectors. The update focuses on streamlining payment processes, improving compliance automation, and expanding global pricing capabilities. Notable features include integration of point-of-sale files, enhanced rebate calculations, and improved usability for mobile applications. Model N aims to optimize revenue while ensuring compliance across various industries.
Model N, Inc. (MODN), a leader in revenue optimization and compliance, will have CEO Jason Blessing presenting at the JP Morgan 50th Annual Global Technology, Media & Communications Conference on May 25, 2022, at 5:40 a.m. PT (8:40 a.m. ET). A webcast of the presentation will be available on the Model N investor relations page. Model N specializes in automation solutions for pricing, incentives, and contract decisions, servicing notable companies across 120 countries, including Johnson & Johnson and AstraZeneca.
Model N, Inc. (NYSE: MODN) reported a strong performance for Q2 FY2022, with total revenue up 11% year-over-year at $53.3 million and adjusted EBITDA soaring 105% to $6.6 million. Subscription revenues grew 6% to $38.2 million, while gross profit increased 18% to $29.2 million, resulting in a gross margin of 55%. The company forecasts continued growth, projecting Q3 revenues between $54.5 million and $55.0 million. Model N focuses on enhancing its cloud service offerings, aiming for a successful transition in its customer base.
