NASDAQ$CERT

Certara Inc. · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Revenue increased by 15% and net income increased by $5.7 million, driven by biosimulation software and services.

Certara reported a strong third quarter with revenue of $84.7 million, a 15% increase compared to the third quarter of 2021. Net income was $3.9 million, a significant improvement from the net loss of $1.8 million in the same period last year. The company reiterated its full-year guidance for 2022.

  • Revenue was $84.7 million, representing a 15% increase compared to Q3 2021.
  • Net income was $3.9 million, compared to a net loss of $1.8 million in Q3 2021.
  • Adjusted EBITDA was $32.7 million, a 25% increase over Q3 2021.
  • Full year guidance was reiterated.

Headline financials

Total Revenue

$84.7M

Previous: $73.9M+14.5%
EPS (adj)

$0.10

Previous: $0.07+42.9%
Adjusted EBITDA

$32.7M

Previous: $26.1M+25.3%
Capital Expenditures

-$1.25M

Previous: -$995K-25.5%
Free Cash Flow

$2.69M

Previous: -$2.76M+197.5%
Net Income

$3.94M

Previous: -$1.76M+323.4%
Operating Income

$10.9M

Previous: -$761K+1526.9%
Gross Profit

$51.9M

Previous: $45.2M+14.9%
Cash & Equivalents

$211M

Previous: $417M-49.5%
Total Assets

$1.51B

Previous: $1.41B+6.6%

Revenue & EPS history

Certara · Revenue · Quarterly

$84.7M

Q3 2022+14.5%vs Q3 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Certara · $84.7M total across 2 segments · Q3 2022

  • Services
    $56.3M
  • Software
    $28.4M

Forward guidance

Certara is reiterating its previously reported guidance for full year 2022 guidance of $325 million to $335 million for revenue, $112 million to $117 million for adjusted EBITDA, and $0.43-$0.48 for adjusted diluted earnings per share.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-4.5%

Avg return

Earnings day

-6.4%

Avg return

5 days after

-3.8%

Avg return

30 days after

33%

8 / 24 earnings

Positive

+28.1%

Q3 2022

Best reaction

-23.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-18.9%-29.2%-17.9%
Q4 2025+3.3%+9.9%-12.7%
Q3 2025-23.0%-26.5%-18.2%
Q1 2025-11.0%-6.3%-8.5%
Q3 2024+6.6%+5.6%+5.2%
Q2 2024-12.6%-16.1%-23.1%
Q1 2024-7.3%-3.6%-2.6%
Q4 2023+7.8%+9.6%+5.3%
Q3 2023+0.6%+3.5%+30.6%
Q2 2023-10.0%-6.5%-19.5%
Q1 2023-9.5%-12.1%-18.9%
Q4 2022+19.4%+18.4%+33.1%
Q3 2022+28.1%+37.6%+64.0%
Q2 2022-15.6%-27.2%-32.6%
Q1 2022-2.5%-11.3%-1.4%
Q4 2021-13.5%-21.9%-15.2%
Q4 2019-13.5%-21.9%-15.2%
Q3 2021-5.5%-7.4%-33.7%
Q3 2020-5.5%-7.4%-33.7%
Q2 2020+0.6%+0.3%+34.9%
Q2 2021+2.3%-0.0%+35.3%
Q1 2020-0.1%-7.9%-10.7%
Q1 2021-6.1%-9.9%-16.4%
Q4 2020-22.2%-23.5%-19.1%
Q3 2019
Q2 2019
Q1 2019

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