CLVT Q3 2023 Earnings — Clarivate Plc Revenue & Financial Results | Market Cap Arena

CLVTClarivate Plc

$2B

Q3 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$647M+1.8% YoY

Gross Profit

$427M65.9% margin

Operating Income

$87M13.5% margin

Net Income

$12M1.9% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$163M

Free Cash Flow

$102M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$13.4B

Total Liabilities

$6.7B

Stockholders' Equity

$6.7B

Cash & Equivalents

$399M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$647M	$636M	+1.8%
Gross Profit	$427M	$412M	+3.5%
Operating Income	$87M	-$4.4B	+102.0%
Net Income	$12M	-$4.4B	+100.3%

Revenue Segments

Subscription Revenues

$408M63%

Transaction Revenues

$132M20%

Re-occurring Revenues

$107M17%