Certara(CERT) - 2024 Q1 - Quarterly Results

Certara Reports First Quarter 2024 Financial Results Reiterates Full Year 2024 Financial Guidance First Quarter Highlights: • Services revenue was $57.3 million, flat compared to $57.3 million in the first quarter of 2023. • Adjusted EBITDA was $29.1 million, compared to $32.3 million in the first quarter of 2023. "We began 2024 with strong financial performance in software, driven by an impressive Net Retention Ratio of 114%, while our services business performed in line with our expectations. As we work t ...