Simulations Plus Reports Record First Quarter FY2021 Financial Results
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Go back to Simulations Plus Reports Record First Quarter FY2021 Financial Results
January 12, 2021 6:18 AM EST
Oppenheimer analyst Francois Brisebois raised the price target on Simulations Plus (NASDAQ: SLP) to $85.00 (from $79.00) while maintaining an Outperform rating.
The analyst commented, "SLP reported its FY1Q21 after the close hitting our anticipated top line of $10.7M and barely beating consensus of... More
January 11, 2021 4:08 PM EST
Simulations Plus (NASDAQ: SLP) reported Q1 EPS of $0.12, $0.01 better than the analyst estimate of $0.11. Revenue for the quarter came in at $10.7 million versus the consensus estimate of $10.64 million.
Financial highlights compared with the corresponding period last fiscal year:
Revenue increased 14% to $10.7 millionGross profit increased 22% to $8.3 millionGross margin was 77%, up from 72%Net income increased 21% to $2.5 millionDiluted earnings per share increased 9% to...
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