Model N, Inc. (MODN)
Market Cap | 1.18B |
Revenue (ttm) | 256.31M |
Net Income (ttm) | 262,000 |
Shares Out | 39.42M |
EPS (ttm) | 0.02 |
PE Ratio | 1,500.00 |
Forward PE | 21.85 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,508,202 |
Open | 29.98 |
Previous Close | 29.97 |
Day's Range | 29.97 - 30.00 |
52-Week Range | 20.90 - 35.96 |
Beta | 0.68 |
Analysts | Hold |
Price Target | 31.57 (+5.23%) |
Earnings Date | Aug 6, 2024 |
About MODN
Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies in the United States and internationally. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes reve... [Read more]
Financial Performance
In 2023, Model N's revenue was $249.46 million, an increase of 13.82% compared to the previous year's $219.16 million. Losses were -$33.92 million, 18.5% more than in 2022.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for MODN stock is "Hold." The 12-month stock price forecast is $31.57, which is an increase of 5.23% from the latest price.
News
Vista Equity Partners Completes Acquisition of Model N
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, a leader in revenue optimization and compliance for pharmaceutical, medtech, and high-tech innovators, today announced the completion of its acquisition by...
Model N Introduces Two Cutting-Edge Data Solutions, Syndicated Customer Master and Formulary Compliance
Revenue Optimization leader introduces new integrated data solutions that accelerate time to insight, improve decision making, and strengthen compliance for life sciences manufacturers. Revenue Optimi...
Model N Named one of Fortune Media and Great Place to Work ® 2024 Best Workplaces in the Bay Area
Revenue optimization leader earns national recognition for a second year in a row Revenue optimization leader earns national recognition for a second year in a row
SHAREHOLDER UPDATE: Halper Sadeh LLC Continues to Investigate MODN, CALT
NEW YORK, NY / ACCESSWIRE / June 4, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breach...
MODEL N INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Model N, Inc. - MODN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Model N, Inc. (N...
Model N Introduces New Rebate Enhancement, as Pharma Companies Prepare for Impact from the Inflation Reduction Act
New Medicare Part D inflation rebate enhancement helps pharma manufacturers manage pricing reforms New Medicare Part D inflation rebate enhancement helps pharma manufacturers manage pricing reforms
Model N Announces Second Quarter Fiscal Year 2024 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--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...
Model N Announces Date of Second Quarter Fiscal Year 2024 Financial Results
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 ...
ClearBridge asks Model N to reconsider $1.25 bln deal with Vista
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.
ClearBridge Investments Sends Letter Urging Board of Directors of Model N, Inc. to Reconsider Proposed Acquisition by Vista Equity Partners
NEW YORK--(BUSINESS WIRE)--ClearBridge Investments sends letter to Model N, Inc. to urge Board of Directors to reconsider recently announced agreement to be acquired.
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Model N
NEW YORK , April 8, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Model N (NYSE: MODN) and its board of directors concerning the proposed acquisition of ...
Vista Equity Partners to take revenue optimization platform Model N private in $1.25B deal
Model N, a platform used by companies such as Johnson & Johnson, AstraZeneca, and AMD to automate decisions related to pricing, incentives, and compliance, is going private in a $1.25 billion deal.
Model N signs $1.25 bln go-private deal with Vista Equity
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...
Model N to be Acquired by Vista Equity Partners For $1.25 Billion
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N (NYSE: MODN), a leader in revenue optimization and compliance for pharmaceutical, medtech, and high-tech innovators, today announced that it has entered int...
Model N Management to Participate in Upcoming Investor Conferences
SAN MATEO, Calif, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced that Model N management will present at the following ...
Model N, Inc. (MODN) Q1 2024 Earnings Call Transcript
Model N, Inc. (MODN) Q1 2024 Earnings Call Transcript
Model N Announces First Quarter Fiscal Year 2024 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced financial results for the first quarter of fiscal year 2024 ended Dece...
Nearly Two-Thirds of Life Sciences and High-Tech Executives Set Sights on Advanced Analytics and AI to Improve Revenue Optimization and Profitability in 2024
Model N's 2024 State of Revenue Report uncovers how pharmaceutical, medical technology, and high-tech manufacturing executives solve for revenue optimization and compliance. Model N's 2024 State of Re...
Model N Launches Price Management to Help High-Tech Companies Streamline Pricing
New solution accelerates business agility and profitability by automating pricing processes New solution accelerates business agility and profitability by automating pricing processes
Model N Announces Date of First Quarter Fiscal Year 2024 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, plans to announce financial results for the first quarter fiscal year 2024 after mark...
Model N Management to Present at the Raymond James 2023 TMT and Consumer Conference
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance today announced that Model N management will present at the Raymond James 2023 TMT and...
Model N Management to Present at the RBC Capital Markets Global Technology, Internet, Media, Telecommunications Conference
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced that Model N management will present at the RBC Capital Markets Global...
Model N, Inc. (MODN) Q4 2023 Earnings Call Transcript
Model N, Inc. (NYSE:MODN) Q4 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Carolyn Bass - Market Street Partners Jason Blessing - Chief Executive Officer John Ederer ...
Model N Announces Fourth Quarter and Fiscal Year 2023 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced financial results for the fourth quarter and fiscal year 2023 ended Se...
Model N Launches Channel Collaboration to Strengthen Visibility for High-Tech Manufacturers and Their Channel Partners
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N (NYSE: MODN), the leader in revenue optimization and compliance today announced the launch of Channel Collaboration, a new self-service portal for high-tech...