Simulations Plus reports Q1 EPS 10c, consensus 10c

Reports Q1 revenue $14.5M, consensus $13.92M. “Our first quarter performance marked a successful start to the year and was in line with our expectations,” said Shawn O’Connor, Chief Executive Officer of Simulations Plus. “With these strong results, we are maintaining our guidance for the full year. Even though client funding and budget cycles remain softer than historical levels, we are cautiously optimistic that our market may be on the path to improvement.”