secwatch.observer — SEC 8-K summary
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Issuer:     Simulations Plus, Inc. (SLP)
CIK:        0001023459
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001023459-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simulations Plus Q1 revenue $14.5M (+21% YoY), EPS $0.10; maintains FY guidance; appoints COO
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- Q1 revenue $14.5M (+21% YoY), diluted EPS $0.10 (vs $0.06), adjusted EBITDA $3.4M (23% of revenue).
- Maintains FY2024 guidance: revenue $66-69M (+10-15%), diluted EPS $0.66-0.68.
- Declares $0.06/share quarterly dividend, payable Feb 5, 2024, record Jan 29, 2024.
- Will Frederick appointed as COO in addition to CFO; Dan Szot joins as CRO.
- Josh Fohey promoted to SVP Operations; Sandra Suarez-Sharp promoted to President Regulatory Strategies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023459/000102345924000003/0001023459-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023459/000102345924000003/slp-20240103.htm
  HTML page:      https://secwatch.observer/filing/0001023459-24-000003

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