Simulations Plus Inc. showed an increase in revenue from its software sales in the fiscal third quarter while its services business saw a decrease. 

Shawn O’Connor, chief executive of the Lancaster provider of modeling and simulation software and services for the pharmaceutical, chemical, food and cosmetics industries, called the drop in services revenue a short-term phenomenon in a conference call with analysts to discuss the quarterly earnings. 

Services revenue declined 18 percent to $4.5 million for the quarter. By comparison, software revenue increased 21 percent to $8.3 million.


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