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Certara reports preliminary FY24 revenue $384.4M, consensus $382.87M
The Fly

Certara reports preliminary FY24 revenue $384.4M, consensus $382.87M

Preliminary financials for the full year of 2024 are expected to be as follows: Revenue of $384.4M, compared to $354.3M in 2023, representing growth of 8%. Software revenue of $155M, compared to $131.7M in 2023, representing growth of 18%. Services revenue of $229.4M, compared to $222.7M in 2023, representing growth of 3%. Bookings of $445.3M, compared to $402.3M in 2023, representing growth of 11%. Software bookings of $169.4M, compared to $136.9M in 2023, representing growth of 24%. Services bookings of $275.9M, compared to $265.4M in 2023, representing growth of 4%. Certara (CERT) also continues to expect adjusted EBITDA for the full year of 2024 between its previously disclosed guidance range of $120M and $124M.

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