Simulations Plus Reports FY2020 and Fourth Quarter FY2020 Financial Results
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Simulations Plus (SLP) Tops Q4 EPS by 2c, Revenues Beat
November 16, 2020 4:09 PM ESTSimulations Plus (NASDAQ: SLP) reported Q4 EPS of $0.11, $0.02 better than the analyst estimate of $0.09. Revenue for the quarter came in at $9.5 million versus the consensus estimate of $9.38 million.
4QFY20 highlights compared with 4QFY19:
Revenues increased 18.9% to $9.5 million, an increase of $1.5 million over $8.0 millionGross profit was up 19.7% to $6.9 million, an increase of $1.1 million over $5.7 millionSG&A was $3.7 million, an increase of 16.7%, or $531,000, over $3.2 millionTotal R&D expenditures were $1.6 million, an increase of $559,000, or 55.4%, over $1.0 millionFor... More