Certara Inc (CERT) Reports Modest Revenue Growth Amidst Net Loss in Q4 2023 [Yahoo! Finance]
Certara, Inc. (CERT)
Company Research
Source: Yahoo! Finance
Net Loss : The company experienced a net loss of $12.5 million in Q4 2023, a decline from a net income of $9.2 million in the same quarter the previous year. Adjusted EBITDA : Adjusted EBITDA decreased to $29.6 million in Q4 2023 from $31.9 million in Q4 2022. Adjusted Net Income : Adjusted net income fell to $14.3 million in Q4 2023, down from $25.2 million in Q4 2022. 2024 Outlook : Revenue for the full year 2024 is expected to be between $385 million to $400 million with adjusted EBITDA margin in the range of 31-33%. Warning! GuruFocus has detected 10 Warning Signs with PTVE. On February 29, 2024, Certara Inc ( NASDAQ:CERT ), a global leader in biosimulation, released its fourth-quarter financial results for the fiscal year 2023, along with full-year 2024 financial guidance through an 8-K filing . The company, which accelerates medicines to patients using biosimulation software and technology, reported a modest year-over-year revenue growth of 2% in Q4 2023, reaching $88
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CERT
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