Simulations Plus Reports Record First Quarter FY2020 Financial Results
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Simulations Plus (SLP) Tops Q4 EPS by 1c, Revenues Beat
January 9, 2020 4:10 PM ESTSimulations Plus (NASDAQ: SLP) reported Q4 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $9.4 million versus the consensus estimate of $8.61 million.
1QFY20 highlights compared with 1QFY19:
Net revenues increased 24.8%, or $1.9 million, to $9.4 million from $7.5 millionGross profit increased 26.7%, or $1.4 million, to $6.8 million from $5.3 millionGross profit as a percentage of revenues increased to 71.9% from 70.8%SG&A was $3.5 million, an increase of 29.2%, or $794,000, from $2.7 millionSG&A as a percentage... More