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Feb 29, 2024
Simulations Plus Q2 2024 Earnings Report
Simulations Plus reported second quarter fiscal year 2024 financial results.
Key Takeaways
Simulations Plus reported a 16% increase in total revenue to $18.3 million and EPS of $0.20 for the second quarter of fiscal year 2024. The company maintains its full-year revenue guidance of $66 to $69 million and EPS guidance of $0.66 to $0.68.
Total revenue increased 16% to $18.3 million.
Software revenue increased 11% to $11.6 million, representing 63% of total revenue.
Services revenue increased 27% to $6.7 million, representing 37% of total revenue.
Net income was $4.0 million, with diluted earnings per share (EPS) at $0.20.
Revenue by Segment
Forward Guidance
The company maintains its full-year revenue guidance of $66 to $69 million (+10-15%) and EPS guidance of $0.66 to $0.68.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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