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Why Simulations Plus Stock Inched Higher Today

TheMotleyFool

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Why Simulations Plus Stock Inched Higher TodayPhoto, wide shot, wide-angle lens, Biotech company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/80e18bfd-1ff8-4487-af62-1cdb7de1ceb6.png

Medical tech company Simulations Plus (NASDAQ: SLP) ended up slightly in positive territory on Friday. That was largely due to solid quarterly results, although a bottom-line guidance cut dampened some investors' enthusiasm. Ultimately, the company's shares only rose 0.4% that day.

Simulations Plus' second quarter of 2026 was topped by a revenue line of $24.3 million, which was 8% higher year over year. Of that, software revenue rose by 9% to $14.6 million, while the company's take for services advanced by 8% to comprise the remainder.

Image source: Getty Images.

Source Fool.com

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