Medidata Reaffirms 2018 Outlook - Quick Facts

(RTTNews) - Medidata Solutions, Inc. (MDSO) on Thursday reaffirmed its outlook for the full-year 2018.

For fiscal 2018, the company continues to project net income in a range of $42 million to $50 million and adjusted net income in the range of $98.5 million to $106.5 million.

Total revenue for the year are still expected between $624 million and $648 million, representing 17 percent year-over-year growth at the midpoint.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.67 per share on revenues of $636.83 million for the year. Analysts' estimates typically exclude special items.