secwatch.observer — SEC 8-K summary
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Issuer:     CLARIVATE PLC (CLVT)
CIK:        0001764046
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001764046-24-000062
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clarivate Q1 net loss $93.8M; revenue down 1.3%; adjusted EPS -22%
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- Net loss per diluted share $0.14 vs income $0.04 YoY; adjusted diluted EPS $0.14, down 22.2%.
- Revenue $621.2M (-1.3% YoY); organic revenue -1.7% as subscription +2.4% offset by transactional -11.4%.
- Adjusted EBITDA $236.3M (-6.5%); margin 38.0% (-220 bps). Free cash flow $111.8M (-33.5%).
- Debt reduced $47.7M to $4.72B; cash $361.8M. Reaffirmed FY2024 outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1764046/000176404624000062/0001764046-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1764046/000176404624000062/clvt-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001764046-24-000062

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