Simulations Plus Reports FY2018 and Fourth Quarter FY2018 Financial Results
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Simulations Plus (SLP) Reports Q4 EPS of $0.07, Revenues Beat
November 14, 2018 4:14 PM ESTSimulations Plus (NASDAQ: SLP) reported Q4 EPS of $0.07, versus $0.00 reported last year. Revenue for the quarter came in at $6.7 million versus the consensus estimate of $5.99 million.
Revenues were $6.7 million, up $422,000, or 6.7%, compared to $6.3 million in 4Q17Gross profit was up 6.4% to $4.6 million, an increase of $274,000 from $4.3 million in 4Q17SG&A decreased 8.2%, or $200,000, to $2.2 million from $2.4 million in 4Q17R&D expenditures were $951,000, an increase of 9.3% from $870,000 in 4Q17For 4Q18, $514,000 was capitalized and... More