secwatch.observer — SEC 8-K summary
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Issuer:     Simulations Plus, Inc. (SLP)
CIK:        0001023459
Form:       8-K
Filed at:   2023-01-04T23:59:59+00:00
Accession:  0001023459-23-000009
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simulations Plus Q1 revenue down 4% to $12M; EPS falls to $0.06; announces $50M buyback
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- Q1 revenue $12.0M (-4% YoY); diluted EPS $0.06 vs $0.15; net income $1.2M.
- Software revenue $6.1M (-17%); services revenue $5.9M (+17%); adjusted EBITDA $3.0M (25% margin).
- Board authorized $50M share repurchase program including $20M accelerated repurchase expected in Q2.
- Quarterly dividend declared $0.06/share, payable Feb 6, 2023 to holders of record Jan 30.
- FY23 guidance reaffirmed: revenue $59.3M-$62.0M (10-15% growth); EPS $0.63-$0.67.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023459/000102345923000009/0001023459-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023459/000102345923000009/slp-20230104.htm
  HTML page:      https://secwatch.observer/filing/0001023459-23-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer