earnings
confidence high
sentiment neutral
materiality 0.60
Certara Q1 revenue $96.7M +7% YoY; net loss $4.7M, reiterates FY guidance
Certara, Inc.
2024-Q1 EPS reported
-$0.03
revenue$96,654,000
- Revenue $96.7M (+7% YoY); software rev $39.3M (+19%), services $57.3M (flat).
- Net loss $4.7M vs net income $1.4M in Q1 2023; adjusted EBITDA $29.1M down from $32.3M.
- Software net retention ratio 114%.
- Reiterated full year 2024 financial guidance.