ShukriMahadi
Long

MDSO. Breaking out?

NASDAQ:MDSO   MEDIDATA SOLUTIONS INC
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Medidata ( MDSO ) Q4 Earnings Beat, Revenues Miss Estimates

Medidata Solutions , Inc. MDSO reported fourth-quarter 2018 adjusted earnings per share of 45 cents, which surpassed the Zacks Consensus Estimate of 37 cents. However, earnings dropped a penny from the year-ago quarter.

Revenues of $167.2 million rose 18.1% year over year. However, the figure missed the Zacks Consensus Estimate by 0.3%.

Over the past year, the Zacks Rank #3 (Hold) stock has rallied 15.2% compared with the industry’s 0.5% and the S&P 500 index’s 2% rise.

Credit :zack
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