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Feb 28, 2021
Simulations Plus Q2 2021 Earnings Report
Reported record second quarter fiscal 2021 financial results, with revenue growth and a quarterly dividend declared.
Key Takeaways
Simulations Plus reported a strong second quarter with a 27% increase in revenue, driven by global sales of software and services. The company also successfully completed its first sponsored conference and released new versions of GastroPlus® and Monolix Suite™.
Revenue increased by 27% year-over-year.
The company completed its first sponsored conference, the MIDD+ Scientific Conference.
New versions of GastroPlus® and Monolix Suite™ were released.
The Board of Directors declared a quarterly dividend of $0.06 per share.
Forward Guidance
The company expects growth to normalize in the second half of the fiscal year and is maintaining full-year growth targets of 15-20%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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