Certara Inc. (NASDAQ:CERT) Q4 2023 Earnings Conference Call February 29, 2024 5:00 PM ET

Company Participants

David Deuchler - IR

William Feehery - CEO

John Gallagher - CFO

Conference Call Participants

David Windley - Jefferies

Luke Sergott - Barclays

Jeff Garro - Stephens

Michael Cherny - Leerink Partners

Vikram Purohit - Morgan Stanley

Max Smock - William Blair

Operator

Hello and thank you for standing by. Welcome to the Certara Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to David Deuchler, Head of Investor Relations. Sir, you may begin.

David Deuchler

Good afternoon everyone. Thank you all for participating in today's conference call. On the call from Certara, we have William Feehery, Chief Executive Officer; and John Gallagher, Chief Financial Officer.

Earlier today's Certara released financial results for the quarter ended December 31st, 2023. A copy of the press release is available on the company's website. Before we begin, I would like to remind you that management will make statements during this call that include forward-looking statements and actual results may differ materially from those expressed or implied in forward-looking statements. Please refer to Slide 2 in the company materials for additional information, which you can find on the company's Investor Relations site.

In their remarks or responses to questions, management may mention some non-GAAP financial measures. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures are available in the recent earnings press release on the company's website. Please refer to the reconciliation tables in the company materials for additional information.

This conference call contains time-sensitive information and is accurate only as of the live broadcast today February 29th, 2024. Certara disclaims any obligation, except as required by law, to update or revise any financial projections or forward-looking statements, whether because of new information, future events, or otherwise.

And with that, I will turn the call over to William.

William Feehery

Thank you, David. Good afternoon everyone. Thank you for joining Certara's fourth quarter and full year earnings call. John and I will start with prepared remarks and then we will take your questions.

We are pleased to finish the year with a solid fourth quarter performance in both software and in technology-enabled services. 2023 presented our industry with many challenges as pharmaceutical and biotech customers were conservative in their spending amidst macroeconomic and geopolitical pressures.