CLVT Q2 2023 Earnings — Clarivate Plc Revenue & Financial Results | Market Cap Arena

CLVTClarivate Plc

$2B

Q2 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$669M-2.6% YoY

Gross Profit

$445M66.5% margin

Operating Income

-$88M-13.2% margin

Net Income

-$123M-18.4% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$162M

Free Cash Flow

$105M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$13.7B

Total Liabilities

$6.8B

Stockholders' Equity

$6.9B

Cash & Equivalents

$436M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$669M	$687M	-2.6%
Gross Profit	$445M	$443M	+0.5%
Operating Income	-$88M	$86M	-202.4%
Net Income	-$123M	$62M	-297.3%

Revenue Segments

Subscription Revenues

$406M61%

Transaction Revenues

$152M23%

Re-occurring Revenues

$111M17%