earnings
confidence high
sentiment neutral
materiality 0.50
Certara Q2 2024 revenue $93.3M (+3% YoY); net loss $12.6M vs profit prior year
Certara, Inc.
2024-Q2 EPS reported
-$0.11
revenue$189,967,000
- Total revenue $93.3M, up 3% YoY; software revenue $38.2M (+13%), services revenue $55.1M (-3%).
- Net loss $12.6M compared to net income $4.7M in Q2 2023; adjusted EBITDA $26.3M vs $32.4M prior year.
- Company reiterates full-year 2024 financial guidance.
- CEO cites strong software performance offset by slowing large biopharma services demand.