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

Issuer:     Certara, Inc. (CERT)
CIK:        0001827090
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001827090-24-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Certara Q4 revenue $88M (+2% YoY); net loss of $12.5M vs $9.2M income in prior year
--------------------------------------------------------------------------------

- Net loss includes $12.8M increase in fair value of contingent consideration remeasurement related to Vyasa Analytics.
- Adjusted EBITDA was $29.6M, down from $31.9M in Q4 2022.
- Record software bookings and broad-based recovery in technology-enabled services bookings in the quarter.
- Full year 2024 financial guidance provided; CEO cites improved execution and investment in AI capabilities.
- Total revenue $88.0M for Q4 2023 vs $86.6M in prior year; constant-currency growth 1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1827090/000182709024000005/0001827090-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1827090/000182709024000005/certara-20240229.htm
  HTML page:      https://secwatch.observer/filing/0001827090-24-000005

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