Certara Inc reports results for the quarter ended June 30 - Earnings Summary

• Certara Inc CERT.OQ reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of eleven analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 9 cents to 13 cents per share.

• Revenue rose 12.1% to $104.57 million from a year ago; analysts expected $105.03 million.

• Certara Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $1.97 million.

• Certara Inc shares had fallen by 15.7% this quarter and lost 7.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Certara Inc is $15.00, about 36.5% above its last closing price of $9.53

This summary was machine generated from LSEG data August 7 at 01:08 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)