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Feb 28, 2023
Simulations Plus Q2 2023 Earnings Report
Reported a revenue increase and maintained full-year revenue and EPS guidance.
Key Takeaways
Simulations Plus reported a 6% increase in total revenue to $15.8 million for the second quarter of fiscal year 2023. The company maintains its full-year revenue guidance of $59.3 - $62.0 million and EPS guidance of $0.63 - $0.67.
Total revenue increased 6% to $15.8 million.
Software revenue increased 7% to $10.5 million, representing 67% of total revenue.
Services revenue increased 4% to $5.3 million, representing 33% of total revenue.
Diluted EPS was $0.20, compared to $0.21 in the same period last year.
Simulations Plus
Simulations Plus
Simulations Plus Revenue by Segment
Simulations Plus Revenue by Geographic Location
Forward Guidance
Simulations Plus maintains its full-year revenue guidance of $59.3 - $62.0 million (+10-15%) and EPS Guidance of $0.63 - $0.67
Revenue & Expenses
Visualization of income flow from segment revenue to net income