secwatch.observer — SEC 8-K summary
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Issuer:     CLARIVATE PLC (CLVT)
CIK:        0001764046
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001764046-22-000166
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clarivate Q3 revenue $635.7M (+43.8% YoY), net loss $4.4B on goodwill impairment; lowers 2022 outlook
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- Revenue $635.7M (+43.8% YoY); organic revenue +1.2%; subscription organic +4.3%.
- Net loss $4,434.4M due to $4,448.6M non-cash goodwill impairment; adjusted net income $143.7M (+26.5%).
- Adjusted EBITDA $271.6M (+42.9%); margin 42.7%; adjusted diluted EPS $0.20 (+25%).
- FY2022 guidance cut: revenue $2,645-2,695M (prev $2,700-2,780M), adjusted EPS $0.86-0.91 (prev $0.90-1.00).
- Transactional revenues organic -9.4%; LS&H segment underperformed on delayed deal closings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1764046/000176404622000166/0001764046-22-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1764046/000176404622000166/clvt-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001764046-22-000166

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