Simulations Plus Inc. (SLP) on Monday reported fiscal third-quarter net income of $3.8 million.
The Lancaster, California-based company said it had net income of 18 cents per share.
The maker of software used in pharmaceutical research posted revenue of $12.8 million in the period.
Simulations Plus shares have declined 26% since the beginning of the year. In the final minutes of trading on Monday, shares hit $53.45, a decline of 14% in the last 12 months.
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