Simulation Plus swings to Q3 profit on absence of impairment charges

EarningsCorporate Action
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Summary · why it matters

Simulation Plus returned to profitability in the third quarter of 2026, reporting net income of $3.58 million compared with a loss of $67.32 million a year earlier, as the prior-year period included impairment charges of $77.22 million. Total revenues rose 7% to $21.89 million from $20.36 million. Adjusted net income declined to $6.10 million from $9.03 million, and adjusted earnings per share fell to $0.30 from $0.45. The company, which is being acquired by affiliates of Altaris for $375 million, expects the deal to close in the fourth quarter of calendar 2026.

Impact on stocks 1

Biotech & Genomic Medicine▲ · 1 stocks
Simulations Plus Inc
SLP
▲ PositiveCapitalrelevance

Simulation Plus swung to a Q3 profit and is being acquired for $375 million, a positive financial event.

Off-coverage companies 1

Altaris Capital PartnersPrivate▲ Positive
Capitalrelevance

Altaris is acquiring Simulation Plus, a strategic M&A move.

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