Certara Q2 Adj EPS $0.12 Misses $0.13 Estimate, Sales $90.45M Miss $92.18M Estimate
Portfolio Pulse from saritha@benzinga.com
Certara (NASDAQ:CERT) reported Q2 earnings of $0.12 per share, missing the analyst consensus estimate of $0.13 by 7.69%. The company also reported quarterly sales of $90.45 million, missing the analyst consensus estimate of $92.18 million by 1.88%. However, both earnings and sales have increased compared to the same period last year.
August 09, 2023 | 8:27 pm
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NEGATIVE IMPACT
Certara's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock price in the short term. However, the YoY growth in both earnings and sales might mitigate this impact.
Certara's Q2 earnings and sales missed analyst estimates, which is typically a negative signal for investors and could lead to a short-term decrease in the stock price. However, the company showed YoY growth in both earnings and sales, which is a positive signal and might offset the negative impact of missing estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100