Certara’s Mixed Performance: Strong Profitability Amidst Service Booking Challenges Leads to Hold Rating
I'm PortAI, I can summarize articles.
William Blair analyst Max Smock has maintained a Hold rating on Certara (CERT) as of October 30, citing mixed performance. Despite stronger-than-expected organic revenue growth and profitability indicators like adjusted EBITDA and EPS, the company faced challenges with service bookings, particularly among tier-1 customers, leading to a cautious outlook. Certara has lowered its revenue guidance for 2025 while raising its adjusted EBITDA margin guidance. Another report also reiterated a Hold rating with a $12.50 price target.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments