Simulations Plus Reports Record Second Quarter FY2020 Revenue
Simulations Plus, Inc. (SLP)
Last simulations plus, inc. earnings: 4/9 04:35 pm
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Source: Business Wire
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 millionGross profit was $7.7 million, up $1.4 million, or 22.7%, from $6.3 millionSG&A was $4.1 million, up $1.3 million, or 46.3%, from $2.8 millionSG&A as a percentage of revenues increased to 39.7% from 33.2%, inclusive of $350,000 in transaction costs related to the Lixoft acquisitionR&D expense increased 3.3%, or $23,600, to $748,000 from $724,000Income before taxes increased 5.2%, or $140,500, to $2.8 million from $2.7 millionNet income increased
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News
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- Simulations Plus, Inc. (NASDAQ: SLP) was upgraded by analysts at Stephens to a "strong-buy" rating.MarketBeat
- Simulations Plus, Inc. (NASDAQ: SLP) is now covered by analysts at Stephens. They set an "overweight" rating and a $39.00 price target on the stock.MarketBeat
- Simulations Plus and the University of Connecticut Receive New FDA Grant to Expand Mechanistic Modeling Approaches for Long-Acting InjectablesBusiness Wire
- How Much Upside is Left in Simulations Plus (SLP)? Wall Street Analysts Think 77.52% [Yahoo! Finance]Yahoo! Finance
SLP
Earnings
- 10/23/24 - Beat
SLP
Sec Filings
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- SLP's page on the SEC website