Medidata Solutions beats by $0.10, reports revs in-line
- Reports Q1 (Mar) earnings of $0.45 per share, $0.10 better than the S&P Capital IQ Consensus of $0.35; revenues rose 16.3% year/year to $173.5 mln vs the $172.12 mln S&P Capital IQ Consensus.
- Subscription revenue was $146.9 million, an increase of 16% compared with the first quarter of 2018. Professional services revenue was $26.6 million, an increase of 19% compared with the first quarter of 2018