Simulations Plus Reports FY2019 and Fourth Quarter FY2019 Financial Results
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Simulations Plus (SLP) Reports Q3 EPS of $0.11
November 13, 2019 4:11 PM ESTSimulations Plus (NASDAQ: SLP) reported Q3 EPS of $0.11, versus $0.08 reported last year. Revenue for the quarter came in at $8 million versus the consensus estimate of $7.51 million.
4QFY19 highlights compared with 4QFY18:
Revenues increased 20.0% to $8.0 million, an increase of $1.3 million over $6.7 millionGross profit was up 25.6% to $5.7 million, an increase of $1.2 million over $4.6 millionSG&A was $3.2 million, an increase of 42.6%, or $951,000, over $2.2 millionTotal R&D expenditures were $1.0 million, an increase of $89,000, or 9.4%, over... More