Earnings ·
Certara reports Q3 revenue of $94.9M and narrows full-year growth outlook to 2%-3%
CERTCertara, Inc.
Certara reported third-quarter continuing operations revenue of $94.9 million, up 4% year-over-year, driven by an 11% increase in software revenue to $48.8 million. The company posted a net loss from continuing operations of $3.6 million and adjusted EBITDA of $30.2 million. Management narrowed its full-year 2026 revenue growth guidance to 2%-3% and updated the adjusted diluted EPS range to $0.31-$0.34. Additionally, Certara appointed Grant Peterson as Chief Product Officer effective November 2. The company operates in the biopharmaceutical sector, providing model-informed drug development software, technology, and services.