Simulations Plus Reports Q1 Revenue of $18.4M
Reports Q1 revenue $18.4M, consensus $18.06M. "We met our first quarter revenue guidance and delivered strong performance in our services segment, driven primarily by significant growth in commercialization offerings and modest gains in development projects," said Shawn O'Connor, CEO of Simulations Plus. "In software, the expected decrease in clinical operations and development revenue was only partially offset by an increase in discovery solutions."
