Simulations Plus ( Nasdaq - SLP ) --

Simulations Plus (SLP $4.35) reported excellent on target Q2 (February) results.  Earnings were flat with the year ago period at $.06 a share.  Several one costs were incurred during the quarter associated with the sale of a non core subsidiary, and the pursuit of an acquisition which failed to materialize.  Comparisons were skewed by the absence of the sold off division.  Sales from continuing operations posted a 6% increase.  The company's entire product line was being prepared for an upgrade in the quarter.  That probably impacted new business somewhat.  Those new releases are slated for introduction in Q3 (May).  Our full year estimates assume a fairly level showing compared to the first six months.  But a stronger performance appears possible.

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