Simulations Plus Reports Net Loss for 1st Quarter

Simulations Plus Inc. of Lancaster reported a net loss of $42,958 for the first quarter of fiscal 2000, ended Nov. 30, compared with a net loss of $73,833 for the first quarter of 1999. Revenues declined slightly to $813,916 compared with $881,286 the year before. The company develops drug discovery and development simulation software for the pharmaceutical industry.