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Simulations Plus Inc showed respectable growth in the first quarter of 2023 earnings season, where EPS soared by 303.85 % year on year to $0.06 per share and Revenue increased by 21.573 % to $
11.96 millions.
Sequentially EPS grown rapidly by 520.43 % from $0.01 per share and Revenues increased by 5.187 % from $11.37 millions.
Net earnings of $1.245 millions in the first quarter of 2023 earnings season increased by 308.2 % from balanced books accomplished in the corresponding reporting period a year ago. Simulations Plus Inc also emphasized it's improving profit margins, where net margin rose to 10.41% in first quarter of 2023 earnings season, and operating margin edged up to 7.34%.
Operating earnings, however, rose 404.6% to $0.878 millions.
Simulations Plus Inc is expected to report next financial results on April 07, 2023.