CLVT Q3 2024 Earnings — Clarivate Plc Revenue & Financial Results | Market Cap Arena

CLVTClarivate Plc

$2B

Q3 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$622M-3.9% YoY

Gross Profit

$412M66.2% margin

Operating Income

$22M3.5% margin

Net Income

-$66M-10.5% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$203M

Free Cash Flow

$126M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$6.5B

Stockholders' Equity

$5.5B

Cash & Equivalents

$389M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$622M	$647M	-3.9%
Gross Profit	$412M	$427M	-3.4%
Operating Income	$22M	$87M	-75.1%
Net Income	-$66M	$12M	-633.3%

Revenue Segments

Subscription Revenues

$411M66%

Re-occurring Revenues

$107M17%

Transaction Revenues

$104M17%