AP NEWS

Simulations Plus: Fiscal 3Q Earnings Snapshot

July 10, 2019

LANCASTER, Calif. (AP) _ Simulations Plus Inc. (SLP) on Wednesday reported fiscal third-quarter net income of $2.9 million.

On a per-share basis, the Lancaster, California-based company said it had profit of 16 cents.

The maker of software used in pharmaceutical research posted revenue of $9.9 million in the period.

Simulations Plus shares have increased 48% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.40, a climb of 29% in the last 12 months.

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