CLVT Q2 2024 Earnings — Clarivate Plc Revenue & Financial Results | Market Cap Arena

CLVTClarivate Plc

$2B

Q2 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$650M-2.8% YoY

Gross Profit

$437M67.2% margin

Operating Income

-$240M-36.9% margin

Net Income

-$304M-46.8% margin

EPS (Diluted)

$-0.46

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$126M

Free Cash Flow

$60M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$12.1B

Total Liabilities

$6.5B

Stockholders' Equity

$5.6B

Cash & Equivalents

$376M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$650M	$669M	-2.8%
Gross Profit	$437M	$445M	-1.8%
Operating Income	-$240M	-$88M	-171.8%
Net Income	-$304M	-$123M	-147.2%

Revenue Segments

Subscription Revenues

$406M62%

Transaction Revenues

$136M21%

Re-occurring Revenues

$109M17%