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Model N Inc - MODN STOCK NEWS

Welcome to our dedicated news page for Model N (Ticker: MODN), a resource for investors and traders seeking the latest updates and insights on Model N.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Model N's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Model N's position in the market.

News
ClearBridge Investments Sends Letter Urging Board of Directors of Model N, Inc. to Reconsider Proposed Acquisition by Vista Equity Partners
Rhea-AI Summary
ClearBridge Investments, Inc. has sent a letter urging Model N, Inc. to reconsider the proposed acquisition by Vista Equity Partners. ClearBridge Investments owns 6.97% of Model N's outstanding common stock and believes the acquisition undervalues the company's potential.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management acquisition
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News
Model N to be Acquired by Vista Equity Partners For $1.25 Billion
Rhea-AI Summary
Model N (NYSE: MODN) to be acquired by Vista Equity Partners for $30.00 per share in a $1.25 billion all-cash transaction, representing a 23% premium over the 30-trading-day volume weighted average share price. The acquisition aims to provide immediate cash value to stockholders and enhance revenue optimization and compliance solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.08%
Tags
acquisition
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News
Model N Management to Participate in Upcoming Investor Conferences
Rhea-AI Summary
Model N, Inc. (MODN) is set to present at investor conferences, including Morgan Stanley TMT Conference and JMP Securities Technology Conference. The presentations are scheduled for March 4 and 5, 2024, respectively. The webcast will be available on the Model N website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
conferences
News
Model N Announces First Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
Model N, Inc. (NYSE: MODN) reported an 8% year-over-year growth in subscription revenue and a 16% growth in SaaS ARR for the first quarter of fiscal year 2024. The company exceeded guidance for total revenue, subscription revenue, professional services revenue, and adjusted EBITDA. The strong performance was attributed to new logos, SaaS transition closure, customer base expansions, and solid renewals. President and CEO Jason Blessing emphasized the focus on driving profitable growth and expressed optimism for the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
earnings
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News
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
Rhea-AI Summary
Model N, Inc. (NYSE: MODN) published its sixth annual State of Revenue Report, revealing top business priorities and challenges for life sciences and high-tech executives. The report emphasizes the importance of advanced analytics and artificial intelligence in achieving process efficiency and cost-saving measures. Supply chain disruption, changing customer demand, and regulatory changes are identified as top obstacles to innovation. Executives plan to incorporate advanced analytics, AI, and robotic process automation to bolster revenue operations. Model N Chief Strategy and Marketing Officer, Rehmann Rayani, emphasizes the importance of data-driven insights to maximize revenue and remain compliant. The report also highlights industry-specific challenges for pharmaceutical manufacturers, including compliance and communications issues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
AI
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News
Model N Launches Price Management to Help High-Tech Companies Streamline Pricing
Rhea-AI Summary
Model N (NYSE: MODN) has launched Price Management, a new solution that enables semiconductor, electronic component, and high-tech manufacturers to manage price execution across direct and channel sales teams globally. This new solution streamlines pricing updates, reduces manual effort, and ensures tight pricing control and seamless market execution. It includes a robust pricing engine that provides real-time data to align with market realities, reducing revenue erosion and accelerating price setting. Integrated with Model N Deal Management, Price Management distinguishes Model N as the leader in revenue cloud applications for high-tech companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
none
News
Model N Announces Date of First Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
Model N, Inc. (NYSE: MODN) is set to release its financial results for the first quarter fiscal year 2024 after market close on February 6, 2024. The company will host a webcast to discuss the results, with the news release and webcast accessible on the MODN investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
earnings
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News
Model N Management to Present at the Raymond James 2023 TMT and Consumer Conference
Rhea-AI Summary
Model N, Inc. (MODN) to Present at Raymond James 2023 TMT and Consumer Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
conferences
-
News
Model N Management to Present at the RBC Capital Markets Global Technology, Internet, Media, Telecommunications Conference
Rhea-AI Summary
Model N, Inc. (NYSE: MODN) to present at RBC Capital Markets Global Technology, Internet, Media, Telecommunications Conference on November 15, 2023. The webcast will be accessible from the investor relations page of the Model N website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.71%
Tags
conferences
News
Model N Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
Model N, Inc. (NYSE: MODN) announced a 14% year-over-year growth in total fiscal year revenue and a 20% year-over-year growth in SaaS ARR. The company also provided financial highlights for the fourth quarter of 2023, including a 10% increase in total revenues and a 13% increase in gross profit. Model N's recent highlights include the launch of Channel Collaboration and new product innovations for global pharma manufacturers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.5%
Tags
earnings
Stock MODN logo
Model N Inc

NYSE:MODN

MODN Rankings

#2309 Ranked by Market Cap
#4210 Ranked by Stock Gains
N/A Ranked by Dividends

MODN Stock Data

1.17B
35.02M
6.15%
100.6%
7.24%
Software Publishers
Information
Link
US
San Mateo

About MODN

model n is the leader in revenue management solutions. driving mission critical business processes such as configure, price and quote (cpq), contract and rebate management, business intelligence, and regulatory compliance, model n solutions transform the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process. with deep industry expertise, model n supports the complex business needs of the world’s leading brands in life sciences, technology and manufacturing across more than 100 countries, including johnson & johnson, astrazeneca, boston scientific, novartis, microchip technology and on semiconductor. for more information, visit www.modeln.com. model n® is the registered trademark of model n, inc. any other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.