Simulations Plus reported a 13% increase in total revenue, driven by a 25% growth in software revenue. Diluted EPS grew by 40%. The company's Board of Directors announced a quarterly dividend of $0.06 per share.
Total revenue growth of 13%.
Software revenue growth of 25%.
Diluted Earnings Per Share (EPS) growth of 40%.
Board of Directors announces quarterly dividend of $0.06 per share
The company expects its software business to continue to deliver strong performance, combined with improved results in its services business. As a result, they remain confident in achieving their 10-15% revenue guidance for the full-year driven by a positive mix shift towards their higher-margin software offerings.
Visualization of income flow from segment revenue to net income