Simulations Plus Q2 2022 Earnings Report
Key Takeaways
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
Simulations Plus
Simulations Plus
Simulations Plus Revenue by Segment
Forward Guidance
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income