Certara Q2 2024 Adj EPS $0.07 Misses $0.10 Estimate, Sales $93.31M Miss $96.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
Certara (NASDAQ:CERT) reported Q2 2024 earnings of $0.07 per share, missing the analyst estimate of $0.10 by 30%. Sales were $93.31M, also missing the $96.05M estimate by 2.85%. Despite the misses, sales increased by 3.17% year-over-year.
August 06, 2024 | 8:28 pm
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Certara reported Q2 2024 earnings of $0.07 per share, missing the analyst estimate of $0.10 by 30%. Sales were $93.31M, also missing the $96.05M estimate by 2.85%. Despite the misses, sales increased by 3.17% year-over-year.
Certara's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the year-over-year sales increase may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100