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Simulations Plus reports preliminary revenues for Q4 and FY2017

Published 10/03/2017, 10:05 AM
© Reuters.  Simulations Plus reports preliminary revenues for Q4 and FY2017
SLP
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  • Simulations Plus (SLP +2.8%) reports total revenues increased 20.9% to $$24.1M for FY2017 and +58.3% to $6.3M for Q4.
  • During 4Q, the company added 25 new software customers and a total of 88 for FY2017
  • Annual recurring customer renewal rate was 88% (total accounts) and 94% based on revenue.
  • Consolidated software and software-related services increased 7.7% to a record $14.9M for FY2017 and grew 12.2% to $2.9M for Q4.
  • Consolidated consulting revenues increased 50.5%, or $3.1M and +144.9% to $3.4M for the quarter.
  • Cash as of today is $7.2M.
  • Press Release
  • Now read: Paylocity Is Still Attractive Longer Term


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