secwatch.observer — SEC 8-K summary
======================================

Issuer:     Certara, Inc. (CERT)
CIK:        0001827090
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001558370-23-008534
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Certara Q1 revenue $90.3M (+11% YoY); net income $1.4M, down 39%; reiterates 2023 guidance
--------------------------------------------------------------------------------

- Revenue $90.3M, up 11% YoY (13% constant currency); net income $1.4M, down 39% vs Q1 2022.
- Adjusted EBITDA $32.3M, up 17% YoY; management cites healthy bookings and strong balance sheet.
- Reiterates full-year 2023 financial guidance; added to S&P SmallCap 600 index effective March 22, 2023.
- Software and biosimulation services drove growth; negative FX impact partially offset sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1827090/000155837023008534/0001558370-23-008534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1827090/000155837023008534/cert-20230508x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-008534

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer