{"schema_version":"secwatch.filing_event.v1","accession":"0001118417-24-000099","form_type":"8-K","ticker":null,"cik":"0001118417","company_name":"MODEL N, INC.","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.349494+00:00","generated_at":"2026-06-02T21:42:46.964608+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Model N Q2 FY2024 revenue $65.1M (+4%); non-GAAP EPS $0.24 vs $0.18; SaaS ARR $139.1M (+11%)","bullets":["Revenue $65.1M (+4% YoY); subscription revenue $49.2M (+9% YoY). Gross margin 57% vs 56%.","GAAP net loss narrowed to $1.4M ($0.04 per share) from $33.3M ($0.88) YoY.","Non-GAAP net income $9.4M ($0.24 diluted EPS) up 38% YoY; Adj. EBITDA $10.9M (17% margin).","SaaS ARR $139.1M (+11% YoY); RPO $367.9M (+9% YoY); current RPO $168.3M (+15% YoY).","Proposed acquisition by Vista Equity Partners ongoing; proxy materials filed with SEC."],"urls":{"canonical":"https://secwatch.observer/filing/0001118417-24-000099","json":"https://secwatch.observer/filing/0001118417-24-000099.json","markdown":"https://secwatch.observer/filing/0001118417-24-000099.md","text":"https://secwatch.observer/filing/0001118417-24-000099.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1118417/000111841724000099/0001118417-24-000099-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1118417/000111841724000099/modn-20240506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T21:42:46.964608+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5e2b9310b93dd97a35e33c676dfa1ad7b28f658f","claim":"MODEL N, INC. reported second quarter fiscal year 2024 ended March 31, 2024 results: revenue Total revenues were $65.1 million, net income GAAP net loss was $1.4 million, EPS GAAP diluted net loss per share attributable to common stockholders was $0.04.","evidence_excerpt":"today announced financial results for the second quarter of fiscal year 2024 ended March 31, 2024. Second Quarter 2024 Financial Highlights • Revenues : Total revenues were $65.1 million , an increase of 4% from the second quarter of fiscal year 2023. Subscription revenues were $49.2 million , an increase of 9% from the second quarter of fiscal year 2023. • Gross","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1118417/000111841724000099/0001118417-24-000099-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter fiscal year 2024 ended March 31, 2024"},{"label":"Revenue","value":"Total revenues were $65.1 million"},{"label":"Net income","value":"GAAP net loss was $1.4 million"},{"label":"EPS","value":"GAAP diluted net loss per share attributable to common stockholders was $0.04"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}