---
schema_version: "secwatch.filing_event.v1"
accession: "0001764046-23-000086"
form_type: "8-K"
ticker: "CLVT"
cik: "0001764046"
company_name: "CLARIVATE PLC"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:58:51.059431+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clarivate Q2 net loss $141.7M; revenue down 2.6%; lowers 2023 outlook

## Summary
- Revenue $668.8M (-2.6% YoY); organic revenue -0.4%. Net loss $141.7M vs. income $43.7M prior year.
- Adjusted EBITDA $284.9M (+3.8%), margin 42.6% (+270bps); adjusted diluted EPS $0.21 (-4.5%).
- Free cash flow $104.8M (+111.6%); total debt reduced $150.5M to $4.92B.
- FY2023 revenue guidance lowered to $2.685-2.745B from $2.75-2.84B; adjusted EPS to $0.83-0.86 from $0.98-1.03.
- Academia & Government improved; IP and Life Sciences & Healthcare fell short of expectations.

## SEC filing metadata
- accession: 0001764046-23-000086
- form_type: 8-K
- ticker: CLVT
- cik: 0001764046
- company_name: CLARIVATE PLC
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1764046/000176404623000086/0001764046-23-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1764046/000176404623000086/clvt-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001764046-23-000086
- JSON: https://secwatch.observer/filing/0001764046-23-000086.json
- Plain text: https://secwatch.observer/filing/0001764046-23-000086.txt

## Key facts
- Earnings Releases
  CLARIVATE PLC reported second quarter ended June 30, 2023 results: revenue $668.8 million, net income Net loss attributable to ordinary shares of $141.7 million, EPS Net loss per diluted share of $0.21.
  - Period: second quarter ended June 30, 2023
  - Revenue: $668.8 million
  - Net income: Net loss attributable to ordinary shares of $141.7 million
  - EPS: Net loss per diluted share of $0.21
  - Result: reported results
  source text: Second Quarter 2023 Financial Highlights • Revenues of $668.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1764046/000176404623000086/0001764046-23-000086-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.