February 8, 2018 / 12:01 PM / 6 months ago

BRIEF-Medidata Solutions Q4 GAAP Earnings Per Share $0.23

Feb 8 (Reuters) - Medidata Solutions Inc:

* MEDIDATA REPORTS RECORD FULL-YEAR AND FOURTH QUARTER 2017 RESULTS

* Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.41

* SEES FY 2018 REVENUE $624 MILLION TO $648 MILLION

* ‍TOTAL MULTI-YEAR UNADJUSTED SUBSCRIPTION BACKLOG OF $1.0 BILLION AS OF DECEMBER 31, 2017, UP 39% YEAR-OVER-YEAR​

* MEDIDATA - ‍ADJUSTED 2018 SUBSCRIPTION BACKLOG AS OF DECEMBER 31, 2017 WAS $480 MILLION, COMPARED WITH $404 MILLION A YEAR AGO​

* SEES ‍SUBSCRIPTION REVENUE BETWEEN $531 AND $555 MILLION, REPRESENTING 19% GROWTH AT MIDPOINT FOR 2018​

* SEES ‍GAAP NET INCOME BETWEEN $42 AND $50 MILLION FOR 2018​

* SEES ‍ADJUSTED NON-GAAP NET INCOME BETWEEN $98.5 AND $106.5 MILLION FOR 2018​ Source text for Eikon: Further company coverage:

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