CLVT Q1 2023 Earnings — Clarivate Plc Revenue & Financial Results | Market Cap Arena

CLVTClarivate Plc

$2B

Q1 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$629M-5.0% YoY

Gross Profit

$399M63.5% margin

Operating Income

$55M8.7% margin

Net Income

$44M6.9% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-6.8%

Cash Flow

Operating Cash Flow

$228M

Free Cash Flow

$168M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$13.9B

Total Liabilities

$7.0B

Stockholders' Equity

$7.0B

Cash & Equivalents

$364M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$629M	$662M	-5.0%
Gross Profit	$399M	$413M	-3.3%
Operating Income	$55M	$45M	+21.6%
Net Income	$44M	$70M	-37.4%

Revenue Segments

Subscription Revenues

$393M63%

Transaction Revenues

$128M20%

Re-occurring Revenues

$108M17%