Simulations Plus Q3 EPS $0.20, Inline, Sales $16.20M Miss $16.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
Simulations Plus (NASDAQ:SLP) reported Q3 earnings of $0.20 per share, in line with analyst consensus. However, the company's quarterly sales of $16.20 million missed the analyst consensus estimate of $16.34 million by 0.86 percent. This represents an 8.30 percent increase over sales of $14.96 million the same period last year.
July 06, 2023 | 8:07 pm
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Simulations Plus reported Q3 earnings in line with estimates, but missed sales estimates. This could potentially impact the company's stock negatively in the short term.
Simulations Plus reported Q3 earnings that met analyst expectations, but their sales fell short of estimates. This mixed report could lead to uncertainty among investors, potentially causing a short-term negative impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100