Certara Q4 2023 Adj EPS $0.090 Misses $0.110 Estimate, Sales $88M Beat $86.596M Estimate
Portfolio Pulse from Benzinga Newsdesk
Certara reported Q4 2023 adjusted EPS of $0.090, missing the $0.110 estimate, but sales of $88M exceeded the $86.596M forecast, marking a 1.58% increase from the previous year.
February 29, 2024 | 9:11 pm
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NEUTRAL IMPACT
Certara's Q4 2023 earnings missed EPS estimates but beat sales forecasts, indicating mixed financial performance.
The miss in EPS estimates could concern investors about profitability, while the beat in sales forecasts suggests strong revenue growth. The mixed results present a neutral short-term outlook for CERT's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100