Simulations Plus: Fiscal Q2 Earnings Snapshot

Associated Press Finance
04 Apr

RESEARCH TRIANGLE PARK, N.C. (AP) — RESEARCH TRIANGLE PARK, N.C. (AP) — Simulations Plus Inc. (SLP) on Thursday reported net income of $3.1 million in its fiscal second quarter.

On a per-share basis, the Research Triangle Park, North Carolina-based company said it had profit of 15 cents. Earnings, adjusted for amortization costs and non-recurring costs, were 31 cents per share.

The maker of software used in pharmaceutical research posted revenue of $22.4 million in the period.

Simulations Plus expects full-year earnings in the range of $1.07 to $1.20 per share, with revenue in the range of $90 million to $93 million.

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