Certara Reports Fourth Quarter 2023 Financial Results [Yahoo! Finance]
Certara, Inc. (CERT)
Company Research
Source: Yahoo! Finance
in biosimulation, today reported its financial results for the fourth quarter of fiscal year 2023. Fourth Quarter Highlights: Revenue was $88.0 million, compared to $86.6 million in the fourth quarter of 2022, representing growth of 2% over the fourth quarter of 2022. Strong sequential growth with record software bookings and broad-based recovery in technology enabled services bookings during the quarter. Net loss was $12.5 million, compared to a net income of $9.2 million in the fourth quarter of 2022. Net loss includes a $12.8 million increase in fair value of the remeasurement of contingent considerations primarily related to Vyasa Analytics due to performance of the business. Adjusted EBITDA was $29.6 million, compared to $31.9 million in the fourth quarter of 2022. "We are encouraged by our strong fourth quarter results, driven by improved execution across both software and services," said William F. Feehery, Chief Executive Officer. "Certara is well positioned to g
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News
- Certara Launches Cloud Platform to Further Unify its End-to-End Scientific Software Platform [Yahoo! Finance]Yahoo! Finance
- Certara Launches Cloud Platform to Further Unify its End-to-End Scientific Software PlatformGlobeNewswire
- Certara, Inc. (NASDAQ: CERT) was upgraded by analysts at KeyCorp from a "sector weight" rating to an "overweight" rating. They now have a $23.00 price target on the stock.MarketBeat
- Certara to Report First Quarter 2024 Financial Results on May 7th, 2024 and Participate in the BofA Securities Healthcare ConferenceGlobeNewswire
- Certara, Inc. (NASDAQ: CERT) is now covered by analysts at JMP Securities. They set a "market perform" rating on the stock.MarketBeat
CERT
Earnings
- 2/29/24 - In-Line
CERT
Sec Filings
- 4/12/24 - Form DEFA14A
- 4/10/24 - Form ARS
- 4/10/24 - Form DEFA14A
- CERT's page on the SEC website