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Simulations Plus Fiscal Q2 Net Income Is Unchanged, Revenue Rises; FY Outlook Maintained; Shares Jump After Hours
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Simulations Plus Fiscal Q2 Net Income Is Unchanged, Revenue Rises; FY Outlook Maintained; Shares Jump After Hours
Apr 3, 2024 2:42 PM

05:17 PM EDT, 04/03/2024 (MT Newswires) -- Simulations Plus ( SLP ) reported fiscal Q2 net income late Wednesday of $0.20 per diluted share, unchanged from a year earlier.

Three analysts polled by Capital IQ forecast $0.19.

Revenue in the quarter ended Feb. 29 rose to $18.3 million from $15.8 million a year earlier.

Three analysts surveyed by Capital IQ estimated $17.3 million.

The company said it continues to project fiscal 2024 EPS of $0.66 to $0.68 on revenue of $66 million to $69 million.

The company said it maintained its quarterly dividend at $0.06 per share, payable May 6 to shareholders of record April 29.

Shares of the company rose 8.9% in recent after-hours trading.

Price: 41.90, Change: +3.44, Percent Change: +8.94

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