Model N, Inc. (MODN)
Market Cap | 1.17B |
Revenue (ttm) | 253.80M |
Net Income (ttm) | -31.67M |
Shares Out | 39.42M |
EPS (ttm) | -0.84 |
PE Ratio | n/a |
Forward PE | 22.09 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 962,764 |
Open | 29.84 |
Previous Close | 29.80 |
Day's Range | 29.75 - 29.85 |
52-Week Range | 20.90 - 35.96 |
Beta | 0.70 |
Analysts | Hold |
Price Target | 32.25 (+8.33%) |
Earnings Date | May 7, 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 11 analysts, the average rating for MODN stock is "Hold." The 12-month stock price forecast is $32.25, which is an increase of 8.33% from the latest price.
News
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.
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Model N, Inc. - MODN
NEW YORK , April 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securiti...
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...
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 ...
Shareholder Alert: Ademi LLP investigates whether Model N, Inc. has obtained a Fair Price in its transaction with Vista Equity Partners
MILWAUKEE, April 8, 2024 /PRNewswire/ -- Ademi LLP is investigating Model N (NYSE: MODN) for possible breaches of fiduciary duty and other violations of law in its transaction with Vista Equity Partne...
MODN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Model N, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Model N, Inc. (NYSE: MODN) to Vista Equity Partners for $30.00 per share is fair to Model...
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 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 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...
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...
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...
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...
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...
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...
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...