earnings
confidence high
sentiment neutral
materiality 0.55
Simulations Plus Q2 revenue up 6% to $15.8M; maintains FY23 guidance
Simulations Plus, Inc.
2023-Q2 EPS reported
$0.26
revenue$27,714,000
- Revenue $15.8M (+6% YoY); software $10.5M (+7%), services $5.3M (+4%).
- Net income $4.2M ($0.20 diluted EPS) vs $4.4M ($0.21) prior year.
- Adjusted EBITDA $6.2M (40% of revenue).
- Full-year FY23 guidance reaffirmed: revenue $59.3-62.0M, EPS $0.63-0.67.
- Board declared $0.06/share dividend payable May 1, 2023; $20M ASR program underway.