Model N, Inc. (MODN)

NYSE: MODN · IEX Real-Time Price · USD
24.34
-0.22 (-0.90%)
Mar 1, 2024, 4:00 PM EST - Market closed
-0.90%
Market Cap 950.05M
Revenue (ttm) 253.80M
Net Income (ttm) -31.67M
Shares Out 39.03M
EPS (ttm) -0.84
PE Ratio n/a
Forward PE 17.99
Dividend n/a
Ex-Dividend Date n/a
Volume 194,004
Open 24.56
Previous Close 24.56
Day's Range 24.22 - 24.60
52-Week Range 20.90 - 35.96
Beta 0.74
Analysts Buy
Price Target 34.89 (+43.34%)
Earnings Date Feb 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]

Sector Technology
IPO Date Mar 20, 2013
Employees 1,089
Stock Exchange NYSE
Ticker Symbol MODN
Full Company Profile

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 Statements

Analyst Forecast

According to 11 analysts, the average rating for MODN stock is "Buy." The 12-month stock price forecast is $34.89, which is an increase of 43.34% from the latest price.

Price Target
$34.89
(43.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

10 days ago - GlobeNewsWire

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...

26 days ago - Business Wire

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...

26 days ago - GlobeNewsWire

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

4 weeks ago - GlobeNewsWire

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...

6 weeks ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

Model N Responds to Mounting Regulatory Pharma Pressures with Innovations that Ensure Compliance and Optimize Revenue

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N (NYSE: MODN), the leader in revenue optimization and compliance today announced new product innovations geared towards the increasingly complex regulatory e...

4 months ago - Business Wire

Model N Announces Date of Fourth Quarter and Fiscal Year 2023 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 fourth quarter and fiscal year 2023 after...

4 months ago - Business Wire

Model N Announces Third Quarter 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 third quarter of fiscal year 2023 ended June...

7 months ago - Business Wire

Model N Board of Directors Named a Finalist in NACD DE&I Awards

SAN MATEO, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, today announced that its Board of Directors has been named a finalis...

7 months ago - GlobeNewsWire

Model N Earns Recognition for Company Culture, Named by Fortune as a Best Place to Work for Millennial Employees

SAN MATEO, Calif.--(BUSINESS WIRE)--Fortune Media and Great Place To Work® have honored Model N (NYSE: MODN) as one of this year's Best Workplaces for Millennials. This prestigious accolade highlights...

7 months ago - Business Wire

Model N Announces Date of Third Quarter Fiscal Year 2023 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 third quarter of fiscal year 2023 after m...

8 months ago - Business Wire

Model N Named One of Fortune's 2023 Best Workplaces in the Bay Area

SAN MATEO, Calif.--(BUSINESS WIRE)--Fortune Media and Great Place To Work® have honored Model N as one of this year's Best Workplaces in the Bay Area. Earning a place on Fortune's Best Workplaces list...

9 months ago - Business Wire

Model N Spring 2023 Release Introduces 340B Vigilance Solution for Pharma; Enhances Global Tendering for Life Sciences and Increases Business Agility for High-Tech Customers

SAN MATEO, Calif.--(BUSINESS WIRE)-- #ModelN--Model N (NYSE: MODN), the leader in revenue optimization and compliance, today announced its Spring 2023 product release for life sciences and high-tech c...

10 months ago - Business Wire

Model N Announces Second Quarter 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 second quarter of fiscal year 2023 ended Mar...

10 months ago - Business Wire

Model N Announces Strategic Partnership with Impartner to Help Customers Enhance Partner Experience and Achieve Efficiencies

SAN MATEO, Calif.--(BUSINESS WIRE)-- #ChannelManagement--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, today announced a new strategic partnership with Impartner, the ...

11 months ago - Business Wire

Model N Announces Date of Second Quarter Fiscal Year 2023 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), a leading provider of cloud revenue management solutions for life sciences and high tech companies, plans to announce financial results ...

11 months ago - Business Wire

Model N to Ring Opening Bell at New York Stock Exchange on March 24, 2023

SAN MATEO, Calif.--(BUSINESS WIRE)-- #IPOAnniversary--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, will celebrate its 10th anniversary as a public company by ringing ...

1 year ago - Business Wire

New Model N Study Finds Quality Channel Data Management Drives Performance

SAN MATEO, Calif.--(BUSINESS WIRE)-- #ModelN--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, today released a new commissioned study by Forrester Consulting that shows ...

1 year ago - Business Wire

Model N Prices Offering of $220.0 Million of 1.875% Convertible Senior Notes Due 2028

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), a leading provider of cloud revenue management solutions for life sciences and high tech companies, announced today the pricing of its o...

1 year ago - Business Wire

Model N Announces Proposed Offering of $220.0 Million of Convertible Senior Notes Due 2028

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), a leading provider of cloud revenue management solutions for life sciences and high tech companies, announced today that it intends to o...

1 year ago - Business Wire

Model N Management to Present at the JMP Securities Technology Conference

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, today announced that Jason Blessing, Chief Executive Officer, and John Ederer, Chief ...

1 year ago - Business Wire