---
schema_version: "secwatch.filing_event.v1"
accession: "0001023459-24-000045"
form_type: "8-K"
ticker: "SLP"
cik: "0001023459"
company_name: "Simulations Plus, Inc."
filed_at: "2024-04-03T23:59:59+00:00"
generated_at: "2026-06-04T02:41:39.567029+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Simulations Plus Q2 rev $18.3M (+16%); EPS $0.20 flat; FY guidance reaffirmed

## Summary
- Revenue $18.3M (+16% YoY); software $11.6M (+11%), services $6.7M (+27%).
- Net income $4.0M, diluted EPS $0.20 (unchanged). Adjusted EBITDA $7.1M (39% margin).
- Gross margin 72% vs 83% a year ago, partly due to cost reclassification.
- FY2024 guidance reaffirmed: revenue $66-69M, EPS $0.66-$0.68.
- Dividend declared $0.06/share, payable May 6 to holders of record April 29.

## SEC filing metadata
- accession: 0001023459-24-000045
- form_type: 8-K
- ticker: SLP
- cik: 0001023459
- company_name: Simulations Plus, Inc.
- filed_at: 2024-04-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023459/000102345924000045/0001023459-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023459/000102345924000045/slp-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023459-24-000045
- JSON: https://secwatch.observer/filing/0001023459-24-000045.json
- Plain text: https://secwatch.observer/filing/0001023459-24-000045.txt

## Key facts
- Earnings Releases
  Simulations Plus, Inc. reported Full Year Fiscal 2024 results: revenue $66M - $69M, EPS $0.66 - $0.68. Guidance reaffirmed.
  - Period: Full Year Fiscal 2024
  - Revenue: $66M - $69M
  - EPS: $0.66 - $0.68
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Fiscal 2024 Guidance Fiscal 2024 Guidance Annual Increase Revenue $66M - $69M 10 - 15% Software mix 55 - 60% — Services mix 40 - 45% — Diluted earnings per share $0.66 - $0.68 35 - 39%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023459/000102345924000045/0001023459-24-000045-index.htm
- Earnings Releases
  Simulations Plus, Inc. reported Second Quarter Fiscal 2024 ended February 29, 2024 results: revenue $18.3 million, net income $4.0 million, EPS $0.20.
  - Period: Second Quarter Fiscal 2024 ended February 29, 2024
  - Revenue: $18.3 million
  - Net income: $4.0 million
  - EPS: $0.20
  - Result: reported results
  source text: Second Quarter 2024 Financial Highlights (compared to second quarter 2023) • Total revenue increased 16% to $18.3 million • Software revenue increased 11% to $11.6 million, representing 63% of total revenue • Services revenue increased 27% to $6.7 million, representing 37% of total revenue • Gross profit increased to $13.2 million; gross margin was 72% • Adjusted EBITDA of $7.1 million, representing 39% of total revenue • Net income of $4.0 million and diluted earnings per share (EPS) of $0.20 versus net income of $4.2 million and diluted EPS of $0.20
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023459/000102345924000045/0001023459-24-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.