Simulations Plus(US:SLP) Globenewswire·2025-10-03 11:42Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Simulations Plus, Inc. for possible violations of federal securities laws and unlawful business practices [1][2]. Investigation Details - The law firm is reaching out to Simulations Plus stockholders who may have suffered losses and encourages them to discuss their legal rights [1][3]. Financial Performance - Simulations Plus reported third fiscal quarter sales of $20.4 million, missing the consensus estimate of $20.9 million [6]. - The company experienced a net loss of $67.3 million and a diluted loss per share of $3.35, which included a non-cash impairment charge of $77.2 million, contrasting with a net income of $3.1 million and diluted earnings per share of $0.15 for the same period in 2024 [6]. - The fiscal 2025 adjusted earnings guidance was revised down to $0.93 to $1.06 from a previous range of $1.07 to $1.20 [6]. Stock Market Reaction - Following the financial results announcement, Simulations Plus's stock price fell by $4.50 per share, or 25.76%, closing at $12.97 per share on July 15, 2025 [6]. Company Restructuring - In June, Simulations Plus initiated a restructuring of its operations, which included workforce reductions and cost-cutting measures aimed at improving operational efficiency and reducing expenses [6].