Simulations Plus, Inc. (SLP) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.594 After management's commentary, we will open the call for questions. 00:00:03.594 -- 00:00:07.778 As a reminder, the information discussed today may include forward-looking statements 00:00:07.778 -- 00:00:10.861 that involve risks and uncertainties. 00:00:10.861 -- 00:00:15.865 Words like believe, expect, and anticipate refer to our best estimates as of this 00:00:15.865 -- 00:00:21.190 call, and actual future results could differ significantly from these statements. 00:00:21.190 -- 00:00:24.993 Further information on the company's risk factors is contained in the company's quarterly 00:00:24.993 -- 00:00:29.714 and annual reports and filed with the Securities and Exchange Commission. 00:00:29.714 -- 00:00:34.118 In the remarks or responses to questions, management may mention some non-GAAP financial 00:00:34.118 -- 00:00:39.443 measures. Reconciliations of these non-GAAP financial measures to the most directly comparable 00:00:39.443 -- 00:00:44.067 GAAP measures are available in the most recent earnings release available on the company's 00:00:44.067 -- 00:00:49.032 website. Please refer to the reconciliation tables in the accompanying materials for 00:00:49.032 -- 00:00:51.114 additional information. 00:00:51.114 -- 00:00:53.656 With that, I'll turn the call over to Sean O'Connor. 00:00:53.656 -- 00:00:56.097 Please go ahead. 00:00:56.379 -- 00:00:59.228 Thank you, and Happy New Year to everyone. 00:00:59.228 -- 00:01:04.214 We delivered on the first quarter top line guidance we communicated in December, with 00:01:04.214 -- 00:01:09.840 revenue decreasing 3% as expected. Adjusted EBITDA was 3.5 00:01:09.840 -- 00:01:16.528 million, and adjusted EPS was 13 cents, in line with our internal expectations. 00:01:16.528 -- 00:01:21.5...