Simulations Plus (SLP) Tops Q4 EPS by 1c, Revenues Beat

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Simulations Plus Reports Record First Quarter FY2020 Financial Results

January 9, 2020 4:05 PM EST

First quarter net revenues of $9.4 million reflecting 24.8% year-over-year growth

Board of Directors announces quarterly dividend of $0.06 per share

LANCASTER, Calif.--(BUSINESS WIRE)-- Simulations Plus, Inc. (Nasdaq: SLP), the leading provider of modeling and simulation solutions for the pharmaceutical, biotechnology, chemicals, and consumer goods industries, today reported financial results for its first quarter of fiscal year 2020, the period ended November 30, 2019 (1QFY20).

1QFY20 highlights compared with 1QFY19:

Net revenues increased 24.8%, or $1.9 million, to $9.4 million from $7.5 million Gross profit... More