LANCASTER, Calif. (AP) _ Simulations Plus Inc. (SLP) on Tuesday reported fiscal third-quarter profit of $2.4 million.

On a per-share basis, the Lancaster, California-based company said it had net income of 13 cents.

The maker of software used in pharmaceutical research posted revenue of $8.6 million in the period.

Simulations Plus shares have increased 41 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.65, a climb of 76 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