2023-04-05 16:10:34 ET
- Simulations Plus press release ( NASDAQ: SLP ): Q2 GAAP EPS of $0.20 beats by $0.02 .
- Revenue of $15.75M (+6.4% Y/Y) misses by $0.38M .
- 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;
- Gross profit increased 10% to $13.1 million; gross margin was 83%
- Adjusted EBITDA of $6.2 million, representing 40% of total revenue.
- Outlook: Maintains full-year revenue guidance of $59.3 - $62.0 million (+10-15%) and EPS Guidance of $0.63 - $0.67.
- Shares -1.98% .
For further details see:
Simulations Plus GAAP EPS of $0.20 beats by $0.02, revenue of $15.75M misses by $0.38M