Certara, Inc. (CERT) Tops Q1 EPS by 2c

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Certara Reports First Quarter 2021 Financial Results and Updates Full Year 2021 Guidance

May 6, 2021 4:15 PM EDT

PRINCETON, N.J., May 06, 2021 (GLOBE NEWSWIRE) -- Certara, Inc. (Nasdaq: CERT), a global leader in biosimulation, today reported its financial results for the first quarter of fiscal year 2021.

Highlights:

Revenue was $66.7 million, representing growth of 16% over the first quarter of 2020.Net income was $1.1 million, compared to a net income of $1.0 million in the first quarter of 2020.Adjusted EBITDA was $23.9 million, representing growth of 20% over the first quarter of 2020.2021 guidance range was updated to $277 million - $285 million of revenue, $100 million - $102... More