CLVT Q1 2024 Earnings — Clarivate Plc Revenue & Financial Results | Market Cap Arena

CLVTClarivate Plc

$2B

Q1 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$621M-1.3% YoY

Gross Profit

$403M64.9% margin

Operating Income

$5M0.8% margin

Net Income

-$75M-12.1% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

$176M

Free Cash Flow

$112M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$12.5B

Total Liabilities

$6.6B

Stockholders' Equity

$5.9B

Cash & Equivalents

$362M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$621M	$629M	-1.3%
Gross Profit	$403M	$399M	+1.0%
Operating Income	$5M	$55M	-90.8%
Net Income	-$75M	$44M	-272.4%

Revenue Segments

Subscription Revenues

$403M65%

Transaction Revenues

$116M19%

Re-occurring Revenues

$103M17%