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Certara's Q2 Adjusted Earnings Fall, Revenue Increases; Reaffirms 2024 Guidance
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Certara's Q2 Adjusted Earnings Fall, Revenue Increases; Reaffirms 2024 Guidance
Aug 7, 2024 1:30 AM

03:56 AM EDT, 08/07/2024 (MT Newswires) -- Certara ( CERT ) reported Q2 adjusted earnings late Tuesday of $0.07 per diluted share, down from $0.12 a year earlier.

Analysts polled by Capital IQ expected $0.10.

Revenue for the quarter ended June 30 was $93.3 million, compared with $90.5 million a year earlier.

Analysts surveyed by Capital IQ expected $95.9 million.

For 2024, the company reiterated its adjusted EPS guidance of $0.41 to $0.46. Analysts polled by Capital IQ expect $0.43. Revenue for the year is still expected to be $385 million to $400 million. Analysts surveyed by Capital IQ expect $389.7 million.

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