{"schema_version":"secwatch.filing_event.v1","accession":"0001764046-23-000069","form_type":"8-K","ticker":"CLVT","cik":"0001764046","company_name":"CLARIVATE PLC","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.452123+00:00","generated_at":"2026-06-15T09:41:46.201328+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Clarivate Q1 revenue $629M (-5% YoY); adj. EPS $0.18; CRO departs; reaffirms FY outlook","bullets":["Revenue $629.1M (-5% YoY; -3.1% constant currency); organic revenue -0.2% due to MarkMonitor divestiture and FX.","Net income attributable to ordinary shares $24.7M ($0.04 diluted EPS); adjusted net income $130.9M ($0.18 adjusted diluted EPS).","Cash flow strong: net operating cash $227.5M, free cash flow $168.2M; debt repayment accelerated by $125M.","Reaffirmed full-year 2023 outlook; Web of Science subscription growth inflection noted.","Chief Revenue Officer Steen Lomholt-Thomsen to depart July 1, 2023; will stay as advisor through Dec 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001764046-23-000069","json":"https://secwatch.observer/filing/0001764046-23-000069.json","markdown":"https://secwatch.observer/filing/0001764046-23-000069.md","text":"https://secwatch.observer/filing/0001764046-23-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1764046/000176404623000069/0001764046-23-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1764046/000176404623000069/clvt-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:41:46.201328+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cd98655609662b6a957a9295df54829986c5ea75","claim":"CLARIVATE PLC reported first quarter ended March 31, 2023 results: revenue $629.1 million, net income $24.7 million, EPS $0.04. Guidance reaffirmed.","evidence_excerpt":"Revenues of $629.1 million decreased 5.0%, and 3.1% at constant currency (1) , driven primarily by the divestiture of MarkMonitor in October 2022, for which there were no comparable amounts in the current year period and year-over-year strengthening of the US dollar • Organic revenues (1) decreased 0.2% as an increase in subscription revenues of 3.1% was partially offset by a decline in re-occurring revenues of 1.7% and transactional and other revenues of 8.3% • Net income attributable to ordinary shares of $24.7 million decreased $26.1 million driven by the mark-to-market gain on financial instruments in the prior year quarter and an increase in interest costs, which was partially offset by a tax benefit in the current year quarter; Net income per diluted share of $0.04 increased by $0.10","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1764046/000176404623000069/0001764046-23-000069-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$629.1 million"},{"label":"Net income","value":"$24.7 million"},{"label":"EPS","value":"$0.04"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a6b746eaa3","claim":"Steen Lomholt-Thomsen departed as Chief Revenue Officer at CLARIVATE PLC.","evidence_excerpt":"Steen Lomholt-Thomsen, Chief Revenue Officer of Clarivate Plc (the “Company”) will depart from his position, effective July 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1764046/000176404623000069/0001764046-23-000069-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will depart"},{"label":"Role","value":"Chief Revenue Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}