Simulations Plus, Inc. (SLP), a healthcare technology and solutions provider, on Wednesday reported a surge in annual preliminary earnings above analysts' forecast.
For fiscal 2025, the company has recorded adjusted income of $1.03 per share, higher than $0.53 per share in the same period last year. Revenue stood at $79.1 million, up from the previous year's $70 million.
On average, seven analysts polled, forecast the firm to post earnings of $0.99 per share on revenue of $78.09 million for fiscal 2025. Analysts' estimates typically exclude special items.
Looking ahead, for fiscal 2026, Simulations Plus anticipates adjusted earnings of $1.03 to $1.10 per share, above analysts' forecast of $0.87 per share.
For fiscal 2026, the company expects revenue of $79 million to $82 million, in line with Street view of $80.26 million.
Simulations Plus will release its fiscal 2025 earnings report on December 1.
SLP was up by 6.04% at $16.50 in the pre-market trade on the Nasdaq.
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