Citizens Reiterates Simulations Plus (SLP) at Market Perform

Citizens analyst Constantine Davides reiterated a Market Perform rating on Simulations Plus (NASDAQ: SLP).

The analyst commented, "We maintain our Market Perform rating on Simulations Plus (SLP). SLP recently announced preliminary FY25 results; implied F4Q25 revenue of $17.4M exceeded consensus of $16.4M, as implied 4Q EBITDA (based off of a preliminary FY25 EBITDA margin of 28%) of $3.7M topped our prior $1.4M estimate. Estimated FY25 software revenue mix finished at 58%, implying 4Q software and services revenue of (6%) and (8%), respectively, after the June 11, 2024 anniversary of the acquisition of Pro-ficiency. The company expects to report complete F4Q/FY25 results on December 1, after the market close."

For an analyst ratings summary and ratings history on Simulations Plus click here. For more ratings news on Simulations Plus click here.

Shares of Simulations Plus closed at $18.16 yesterday.

You May Also Be Interested In