LANCASTER, Calif. (AP) _ Simulations Plus Inc. (SLP) on Thursday reported fiscal second-quarter profit of $2.2 million.
On a per-share basis, the Lancaster, California-based company said it had net income of 12 cents.
The maker of software used in pharmaceutical research posted revenue of $10.3 million in the period. Its adjusted revenue was $10.4 million.
Simulations Plus shares have increased 24% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $35.95, a rise of 80% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLP at https://www.zacks.com/ap/SLP
Automated Insights, source Associated Press News