Simulations Plus (SLP) Misses Q2 EPS by 2c, Revenues Beat

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Go back to Simulations Plus (SLP) Misses Q2 EPS by 2c, Revenues Beat

Simulations Plus Reports Record Second Quarter FY2020 Revenue

April 9, 2020 4:35 PM EDT

Quarterly Revenues Up 22%;

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 second quarter of fiscal year 2020, the period ended February 29, 2020 (2QFY20).

2QFY20 highlights compared with 2QFY19:

Net revenues increased 22.2%, or $1.9 million, to $10.3 million from $8.5 million Gross profit was $7.7 million, up $1.4 million, or 22.7%, from $6.3... More