Johnson Fistel Investigates Simulations Plus, Inc. (SLP) After Revenue Guidance Cut, Impairment Charge, and Auditor Dispute
Summary
Johnson Fistel says it is investigating Simulations Plus after the company cut revenue guidance, reported a large impairment charge, and disclosed an auditor dispute. The notice says the company reduced its full-year outlook after citing market pressure from pharmaceutical and biotechnology customers. It also highlights a sizable net loss and a non-cash impairment charge in the latest quarterly results. The article further notes that Grant Thornton was dismissed and disputed parts of the company’s disclosure around segment reporting and internal controls. This is legal and investor-relations news, not a product or corporate transaction announcement.
Classifications
industries
Pharmaceuticals and Chemical
applications
Business Intelligence
AskAI Classifications
Labels
SaaS
Scientific Software
Pharmacometrics Software
Linked Companies
Simulations Plus
$50M to $100M