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May 31, 2021
Simulations Plus Q3 2021 Earnings Report
Reported third quarter fiscal 2021 financial results with software revenue up, but overall growth moderated by services business delays.
Key Takeaways
Simulations Plus reported a 4% increase in total revenue to $12.8 million for the third quarter of fiscal 2021. Software revenue increased by 21%, but overall growth was moderated by delays in the services business. The company expects full-year revenue growth of 5 to 10%.
Total revenue increased by 4% to $12.8 million.
Software revenue increased by 21%.
Services business experienced delays and program cancellations.
Board of Directors announced a quarterly dividend of $0.06 per share.
Simulations Plus
Simulations Plus
Forward Guidance
The company now expects full-year revenue growth of 5 to 10%.