Medidata Solutions Reveals 13% Gain In Q4 Bottom Line

(RTTNews) - Medidata Solutions (MDSO) reported earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line rose to $15.55 million, or $0.27 per share. This was up from $13.74 million, or $0.25 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.24 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.8% to $98.87 million. This was up from $89.21 million last year.

Medidata Solutions earnings at a glance:

-Earnings (Q4): $15.55 Mln. vs. $13.74 Mln. last year. -Earnings Growth (Y-o-Y): 13.2% -EPS (Q4): $0.27 vs. $0.25 last year. -EPS Growth (Y-o-Y): 8.0% -Analysts Estimate: $0.24 -Revenue (Q4): $98.87 Mln vs. $89.21 Mln last year. -Revenue Change (Y-o-Y): 10.8%