Certara Inc reports results for the quarter ended in March - Earnings Summary

Certara

09/05/2023 09:17

* Certara Inc  CERT.OQ  reported quarterly adjusted earnings
of 12
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 12 cents per share.
    * Revenue rose 10.7% to $90.30 million from a year ago;
analysts
expected $90.99 million. 
    * Certara Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Certara Inc shares had fallen by 2.9% this quarter and
gained 45.7% so far this year.
    * The company reported quarterly net income of $1.36
million.
    * Wall Street's median 12-month price target for Certara Inc
is
$25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 08:16 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.12           0.12           Met
 Dec. 31 2022      0.13           0.16           Beat
 Sep. 30 2022      0.10           0.10           Met
 Jun. 30 2022      0.11           0.09           Missed