LANCASTER, Calif. (AP) _ Simulations Plus Inc. (SLP) on Thursday reported fiscal first-quarter profit of $2.1 million.
The Lancaster, California-based company said it had net income of 11 cents per share.
The maker of software used in pharmaceutical research posted revenue of $9.4 million in the period.
Simulations Plus shares have risen 8.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.55, a rise of 55% in the last 12 months.