AP NEWS

Simulations Plus: Fiscal 4Q Earnings Snapshot

November 14, 2018

LANCASTER, Calif. (AP) _ Simulations Plus Inc. (SLP) on Wednesday reported fiscal fourth-quarter net income of $1.3 million.

On a per-share basis, the Lancaster, California-based company said it had net income of 7 cents.

The maker of software used in pharmaceutical research posted revenue of $6.7 million in the period.

For the year, the company reported profit of $8.9 million, or 50 cents per share. Revenue was reported as $29.7 million.

Simulations Plus shares have increased 25 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $20.16, an increase of 19 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLP at https://www.zacks.com/ap/SLP

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