Simulations Plus Q4 Revenues Up 15%

(RTTNews) - Simulations Plus Inc. (SLP), Thursday said its revenues for the fourth quarter increased 15.1 percent to $1.81 million from $1.57 million last year.

About 25.5 percent of revenues came from new software licenses, while 5.5 percent of revenues came from consulting studies and collaborations.

CFO John Kneisel said, "In accordance with our policy to release timely financial information to our shareholders, we are releasing preliminary revenues for 4QFY14. Net income will not be known until income taxes have been determined and our auditors review our Annual Report on Form 10-K."