Certara Q2 revenue $82.8M (+18% YoY); guides FY22 lower on FX, regulatory softness

Certara, Inc.

2022-Q2 EPS reported $0.01 revenue$164,311,000

Revenue $82.8M, up 18% reported or 21% constant currency; excluding Pinnacle 21, up 8% reported.
Net loss improved to $0.6M from $2.9M in Q2 2021; Adjusted EBITDA $28.0M (+9% YoY).
FY 2022 guidance adjusted lower for FX headwinds and slow regulatory services recovery.
Biosimulation revenue and bookings grew double-digit; two new software products launched.
CFO expects FX and regulatory services softness to continue in H2 2022.

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