Model N Inc (MODN.N) Key Developments | Reuters.com
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Model N Inc gives Q4 2014 guidance; earnings guidance below analysts' estimates; narrows FY 2014 revenue guidance; lowers FY 2014 earnings guidance; gives FY 2015 guidance


Tuesday, 5 Aug 2014 04:05pm EDT 

Model N Inc:Expects Q4 2014 total revenues to be in the range from $19.5 - $20.0 mln.Expects Q4 2014 non-GAAP loss from operations to be in the range of ($4.0) to ($4.5) mln.Expects Q4 2014 non-GAAP net loss per diluted share to be in the range of ($0.16) to ($0.18).Expects FY 2014 total revenues to be in the range from $81.0 - $81.5 mln.Expects FY 2014 non-GAAP loss from operations to be in the range of ($10.5) to ($11.0) mln.Expects FY 2014 non-GAAP net loss per diluted share to be in the range of ($0.45) to ($0.47).Expects FY 2015 total revenue growth in low to mid teens.Expects FY 2015 non-GAAP loss from operations slightly lower than fiscal FY 2014 levels.Q4 2014 revenue of $19.7 mln, net income of $(3.4) mln, EPS of $(0.13) - Thomson Reuters I/B/E/S.FY 2014 revenue of $81.1 mln, net income of $(9.9) mln, EPS of $(0.40) - Thomson Reuters I/B/E/S.FY 2015 revenue of $87.2 mln and net income of $(9.4) mln - Thomson Reuters I/B/E/S. 

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