NYSE$CLVT
Clarivate Plc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Clarivate's Q3 2024 results reflected a decrease in revenues and profitability due to fluctuating transactional revenue and low margin areas, leading to the removal of the 2024 outlook.
Clarivate's Q3 2024 revenues decreased by 3.9% to $622.2 million, with a net loss of $65.6 million. The company's performance was impacted by lower transactional sales and the divestiture of Valipat. As a result of the recent CEO transition and the work being done under the Value Creation Plan, the Company has removed its forward-looking outlook for 2024.
- Revenues decreased by 3.9% to $622.2 million.
- Organic revenues decreased by 2.6%, with subscription revenue growth offset by declines in re-occurring and transactional revenues.
- Net loss was $65.6 million, with a net loss per diluted share of $0.09.
- Adjusted EBITDA decreased by 6.0% to $264.4 million.
Headline financials
Revenue & EPS history
Clarivate · Revenue · Quarterly
$622M
Revenue by segment
Clarivate · $333M total across 2 segments · Q2 2021
- Subscription$244M—73.1%
- Transactional$89.8M—26.9%
Forward guidance
As a result of the recent CEO transition and the work being done under the Value Creation Plan, the Company has removed its forward-looking outlook for 2024. All previous outlooks provided by the Company should no longer be relied upon.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-1.1%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+1.5%
Avg return
30 days after
41%
12 / 29 earnings
Positive
+38.7%
Q4 2025
Best reaction
-29.0%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +13.9% | +11.6% | +0.8% | |
| Q4 2025 | +38.7% | +36.9% | +44.0% | |
| Q3 2025 | -3.6% | -2.7% | +3.3% | |
| Q1 2025 | +17.3% | +20.3% | +18.4% | |
| Q4 2024 | -1.4% | -5.4% | -15.3% | |
| Q3 2024 | -29.0% | -30.3% | -13.2% | |
| Q2 2024 | -17.4% | -7.5% | +8.3% | |
| Q1 2024 | -10.2% | -10.5% | -18.1% | |
| Q4 2023 | -20.9% | -20.1% | -16.9% | |
| Q3 2023 | +1.8% | -2.8% | +18.9% | |
| Q2 2023 | -23.8% | -26.5% | -18.8% | |
| Q1 2023 | +6.5% | +5.7% | +10.8% | |
| Q4 2022 | +13.2% | +9.4% | -7.3% | |
| Q3 2022 | -7.4% | +6.6% | -9.0% | |
| Q2 2022 | -7.5% | -9.2% | -16.3% | |
| Q1 2022 | -3.0% | -2.0% | +0.3% | |
| Q4 2021 | +10.1% | +11.0% | +24.8% | |
| Q3 2021 | +5.7% | +6.4% | +4.4% | |
| Q2 2021 | -5.6% | -4.1% | +3.6% | |
| Q1 2021 | +4.5% | +5.3% | +12.3% | |
| Q4 2020 | -19.0% | -17.8% | -11.6% | |
| Q3 2020 | -7.2% | -3.0% | -8.4% | |
| Q2 2020 | -4.0% | +2.4% | +0.3% | |
| Q1 2020 | +8.5% | +4.9% | +1.4% | |
| Q4 2019 | -1.4% | +4.3% | -1.1% | |
| Q3 2019 | +6.3% | +4.9% | +6.1% | |
| Q2 2019 | +8.1% | +7.1% | +9.1% | |
| Q4 2018 | -5.0% | +1.0% | +1.8% | |
| Q1 2019 | -0.8% | -1.3% | +9.8% | |
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