other material
confidence high
sentiment neutral
materiality 0.40
Clarivate reiterates 2023 outlook at Investor Day; revenue $2.63B-$2.73B, Adj. EBITDA $1.10B-$1.16B
CLARIVATE PLC
- Reaffirmed 2023 guidance: revenue $2.63B-$2.73B, organic growth 2.75%-3.75%.
- Adjusted EBITDA expected $1.10B-$1.16B; margin 42.0%-42.5%.
- Adjusted diluted EPS guidance $0.75-$0.85; free cash flow $450M-$550M.
- Management presented business update at Investor Day on March 9, 2023; replay available.
- Guidance based on ~740M fully diluted shares; no further acquisitions assumed.