Investing.com - Simulations Plus reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Simulations Plus announced earnings per share of $0.05 on revenue of $11.73. Analysts polled by Investing.com anticipated EPS of $0.07 on revenue of $10.93M.
Simulations Plus shares are up 15% from the beginning of the year , still down 36.99% from its 52 week high of $67.59 set on Monday, August 8, 2022.
Simulations Plus follows other major Healthcare sector earnings this month
Simulations Plus's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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