Simulations Plus (SLP) Tops Q4 EPS by 1c

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Simulations Plus Reports FY2016 and Fourth Quarter FY2016 Financial Results

November 11, 2016 4:01 PM EST

Full Fiscal Year Pharmaceutical Software and Services Up 9.1%;
Earnings per share $0.29, up 27.5% over prior year

LANCASTER, Calif.--(BUSINESS WIRE)-- Simulations Plus, Inc. (NASDAQ: SLP), a leading provider of software for pharmaceutical discovery and development, today reported its financial results for its 2016 fiscal year (FY16) and fourth quarter (4Q16) ended August 31, 2016.

Results for the 2016 fiscal year (FY16):

Revenues were $19.97 million, representing an increase of 9.1% over $18.31 million in FY15 Gross profit was up 10.4% to $15.4 million, an increase of $1.45 million from... More