Certara Cuts FY23 Revenue Guidance From $370M-$385M To $345M-$360M, Consensus $377.16M
Portfolio Pulse from Benzinga Newsdesk
Certara has reduced its FY23 revenue guidance from $370M-$385M to $345M-$360M, which is below the consensus estimate of $377.16M.
August 09, 2023 | 9:55 pm
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Certara's lowered revenue guidance for FY23 is below the consensus estimate, which could negatively impact its stock price.
Certara's revised revenue guidance is lower than the consensus estimate, which could lead to a negative market reaction and a potential decrease in its stock price. Investors often react negatively to lower-than-expected revenue forecasts.
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