Simulations Plus Q3 Adj $0.15, Inline, Sales $18.54M Beat $17.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
Simulations Plus (NASDAQ: SLP) reported Q3 earnings of $0.15 per share, meeting analyst expectations but down 25% from last year. Sales were $18.54M, beating estimates by 3.25% and up 14.23% year-over-year.
July 02, 2024 | 8:08 pm
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Simulations Plus reported Q3 earnings of $0.15 per share, meeting expectations but down 25% YoY. Sales of $18.54M beat estimates by 3.25% and increased 14.23% YoY.
While the earnings per share met expectations, the 25% YoY decline is a negative indicator. However, the sales beat and YoY growth provide a positive counterbalance, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100