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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.
Simulations Plus
Simulations Plus
Simulations Plus Revenue by Segment
Simulations Plus Revenue by Geographic Location
Revenue by Segment
Software Revenue
CapyFin.comServices Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com 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