Benzinga | May 10, 2021 04:20PM EDT

Model N Q2 Adj. EPS $0.04 Beats $(0.05) Estimate, Sales $48.20M Beat $46.38M Estimate; Raises Guidance

Model N (NYSE:MODN) reported quarterly earnings of $0.04 per share which beat the analyst consensus estimate of $(0.05) by 180 percent. This is a 42.86 percent decrease over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $48.20 million which beat the analyst consensus estimate of $46.38 million by 3.92 percent. This is a 20.64 percent increase over sales of $39.95 million the same period last year.