Investing.com - Model N Inc reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Model N Inc announced earnings per share of $0.20 on revenue of $58.2M. Analysts polled by Investing.com anticipated EPS of $0.19 on revenue of $56.36M.
Model N Inc shares are down 35% from the beginning of the year and are trading at $34.80 , down-from-52-week-high.
Model N Inc shares lost 3.79% in after-hours trade following the report.
Model N Inc follows other major Information Technology sector earnings this month
Model N Inc's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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