CERT Earnings Prediction
The chart below shows how CERT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CERT sees a +1.97% change in stock price 10 days leading up to the earnings, and a -8.12% change 10 days following the report. On the earnings day itself, the stock moves by -1.08%. This data can give you a slight idea of what to expect for the next quarter's release.
CERT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
94.82M
10.80%
1.61%
Gross Margin
46.66%
4.60%
8.01%
Operating Margin
8.93%
27.75%
-380.82%
Net Margin
-1.45%
-97.47%
-89.24%
EPS
-0.01
-96.77%
-87.50%
No Data Available
CERT Earnings Analysis
Certara, Inc. Common Stock Corporation (CERT.O) Earnings Conference Call
Positive
Quarterly Revenue and Bookings Growth: Third quarter revenue of $94.8 million increased by 11% compared with last year, while total bookings of $96.1 million increased by 13%.
Software Revenue Increase: Software revenue was $35.9 million in the third quarter, which increased 15% over the prior year period on a reported basis, and 14% on a constant currency basis.
Biosimulation Software Growth: The growth in the quarter was driven by biosimulation software and Pinnacle 21.
Software Bookings Increase: Trailing 12-month software bookings were $153 million, up 15% year-over-year.
EBITDA Increase Q3 2024: Adjusted EBITDA for the third quarter of 2024 was $33.1 million, an increase from $28.8 million in the third quarter of 2023.
Negative
Quarterly Revenue Performance: Total revenue for the three months ended September 30, 2024, was $94.8 million, representing year-over-year growth of 11% on a reported basis, and 10% on a constant currency basis. Software revenue was $35.9 million in the third quarter, which increased 15% over the prior year period on a reported basis, and 14% on a constant currency basis.
Cost of Revenue Increase: Total cost of revenue for the third quarter of 2024 was $37.2 million, an increase from $35.9 million in the third quarter of 2023, primarily due to a $0.9 million increase in employer-related expenses and a $0.7 million increase in software amortization.
Operating Expenses Decrease: Total operating expenses for the third quarter of 2024 were $55 million, a decrease from $102.5 million in the third quarter of 2023, primarily due to a $47 million decrease in goodwill impairment expense.
Net Loss Comparison: Net loss for the third quarter of 2024 was $1.4 million, compared to a net loss of $49 million in the third quarter of 2023, when we took a $47 million goodwill impairment in that period.
Earnings Per Share Increase: Reported adjusted diluted earnings per share from the third quarter of 2024 was $0.13, compared to $0.11 for the third quarter of last year.
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CERT Earning Call Sentiment
Certara, Inc. (CERT) Q3 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
CERT.O
-2.8%Positive
The earnings call reveals strong financial metrics with a year-over-year increase in revenue and adjusted EBITDA. However, the guidance is lower than expected due to market volatility, and there is no share repurchase program. The Q&A highlights some uncertainties, particularly around the integration of Chemaxon and the regulatory services business. The market cap suggests a moderate reaction. Overall, the sentiment is neutral, with balanced positive and negative factors affecting the stock price.
