Simulations Plus Shares Climb On Higher Q2 Results; Cuts FY26 Earnings View
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Shares of Simulations Plus, Inc. (SLP) rose approximately 14% in pre-market trading on the Nasdaq following a report of higher Q2 earnings, driven by overall topline growth. The company reported a net income of $4.54 million ($0.22 per share) for Q2, up from $3.07 million ($0.15 per share) a year earlier. However, it lowered its FY26 adjusted EPS forecast to $0.75-$0.85 due to an increased expected tax rate, while maintaining annual revenue expectations of $79-$82 million, reflecting 0-4% growth year-over-year.
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