secwatch.observer — SEC 8-K summary
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Issuer:     Certara, Inc. (CERT)
CIK:        0001827090
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001827090-23-000018
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Certara Q3 revenue up 1% to $85.6M; net loss $49.0M on $47M goodwill impairment
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- Revenue $85.6M (+1% YoY); regulatory revenue declined but biosimulation demand stable.
- Net loss $49.0M vs net income $3.9M in Q3 2022; includes $47.0M goodwill impairment in Regulatory business.
- Adjusted EBITDA $28.8M vs $32.7M YoY; adjusted net income $17.1M vs $16.6M YoY.
- Reiterates full year 2023 guidance; bookings recovery in services and strong software pipeline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1827090/000182709023000018/0001827090-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1827090/000182709023000018/certara-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001827090-23-000018

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