earnings
confidence high
sentiment positive
materiality 0.80
Certara Q3 revenue $73.9M (+23% YoY), raises FY21 guidance, acquires Pinnacle 21 for $250M
Certara, Inc.
2021-Q3 EPS reported
-$0.02
revenue$210,758,000
- Revenue $73.9M, up 23% YoY; net loss $1.8M vs net income $1.2M in Q3 2020.
- Adjusted EBITDA $26.1M (+28% YoY); diluted EPS ($0.01) vs $0.01.
- Acquired Pinnacle 21 for $250M cash plus 2,239,717 restricted shares, closed Oct 1, 2021.
- Raised 2021 guidance: GAAP revenue $288-291M, adjusted EBITDA $106-108M, adjusted diluted EPS $0.22-0.26.