secwatch.observer — SEC 8-K summary
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Issuer:     Certara, Inc. (CERT)
CIK:        0001827090
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001827090-24-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Certara Q2 2024 revenue $93.3M (+3% YoY); net loss $12.6M vs profit prior year
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1827090/000182709024000028/0001827090-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1827090/000182709024000028/certara-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001827090-24-000028

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