earnings
confidence high
sentiment neutral
materiality 0.80
Simulations Plus Q3 revenue $21.9M (+7% YoY); merger with Altaris on track
Simulations Plus, Inc.
- Q3 revenue $21.9M (+7% YoY); software flat at $12.6M, services up 20% to $9.3M.
- Net income $3.6M ($0.18 diluted EPS) vs net loss of $67.3M in prior year (incl. $77.2M impairment).
- Adjusted EBITDA $7.9M (36% margin) vs $7.4M (37%); adjusted diluted EPS $0.30 vs $0.45.
- FY2026 guidance: revenue $79M-$82M (0-4% growth), adjusted EPS $0.75-$0.85.
- On June 15, 2026, entered definitive merger agreement to be acquired by Altaris; expected close in Q4 2026.