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Modelon Q2 2023: Review - Redeye

Redeye states that Modelon’s financial performance surpassed our expectations in terms of both sales and profitability. Noteworthy development in this quarter was two new partnership agreements coupled with the release of an enhanced iteration of Modelon Impact, introducing potential upselling prospects. In response to this report, we have revised our forecast, resulting in a minor impact on our base case.

Redeye states that Modelon’s financial performance surpassed our expectations in terms of both sales and profitability. Noteworthy development in this quarter was two new partnership agreements coupled with the release of an enhanced iteration of Modelon Impact, introducing potential upselling prospects. In response to this report, we have revised our forecast, resulting in a minor impact on our base case.
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