Simulations Plus (SLP) Tops Q1 EPS by 1c

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Simulations Plus Reports Record First Quarter FY2021 Financial Results

January 11, 2021 4:05 PM EST

First quarter revenue of $10.7 million, reflecting 14% year-over-year growth

Board of Directors announces quarterly dividend of $0.06 per share

LANCASTER, Calif.--(BUSINESS WIRE)-- Simulations Plus, Inc. (Nasdaq: SLP), a 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 2021.

Financial highlights compared with the corresponding period last fiscal year:

Revenue increased 14% to $10.7 million Gross profit increased 22% to $8.3 million Gross margin was... More