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Certara reports preliminary Q4 revenue $99.7M, consensus $97.88M
The Fly

Certara reports preliminary Q4 revenue $99.7M, consensus $97.88M

Preliminary financials for the fourth quarter of 2024 are expected to be as follows: Revenue of $99.7M, compared to $88M in the fourth quarter of 2023, representing growth of 13%. Software revenue of $41.6M, compared to $33.6M in the fourth quarter of 2023, representing growth of 24%. Services revenue of $58.1M, compared to $54.4M in the fourth quarter of 2023, representing growth of 7%. Bookings of $144.5M, compared to $118.9M in the fourth quarter of 2023, representing growth of 22%. Software bookings of $59.7M, compared to $43.3M in the fourth quarter of 2023, representing growth of 38%. Services bookings of $84.9M, compared to $75.6M in the fourth quarter of 2023, representing growth of 12%. Preliminary revenue and bookings include Chemaxon revenue of $5.9M and bookings of $11M. Certara (CERT) completed the acquisition of Chemaxon on October 1, 2024.

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