secwatch.observer — SEC 8-K summary
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Issuer:     Simulations Plus, Inc. (SLP)
CIK:        0001023459
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001023459-24-000087
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simulations Plus Q3 revenue $18.5M (+14% YoY), EPS $0.15; discontinues dividend
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- Total revenue $18.5M, up 14% YoY; net income $3.1M vs $4.0M; diluted EPS $0.15 vs $0.20.
- Adjusted diluted EPS $0.19 vs $0.21; Adjusted EBITDA $5.7M (31% of revenue) vs $6.5M (40%).
- Software revenue $11.9M (+12%), services revenue $6.6M (+18%); backlog $19.6M.
- Board discontinues quarterly cash dividend; final $0.06/share payable Aug 5 to holders of record July 29.
- FY24 guidance: revenue $69-72M, diluted EPS $0.46-0.48, adjusted diluted EPS $0.54-0.56.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023459/000102345924000087/0001023459-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023459/000102345924000087/slp-20240702.htm
  HTML page:      https://secwatch.observer/filing/0001023459-24-000087

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