NYSE$CLVT

Clarivate Plc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Clarivate reported a decline in revenue and net income for Q4 2024 while continuing strategic restructuring efforts.

Clarivate's Q4 2024 revenue decreased by 3.0% year-over-year to $663.0 million, mainly due to divestitures. The company posted a net loss of $191.8 million, a significant improvement from the previous year's loss. Adjusted EPS came in at $0.21, down from $0.23. The company repurchased $200 million in shares and prepaid $198 million of debt as part of its capital allocation strategy.

  • Total revenue decreased by 3.0% to $663.0 million due to divestitures.
  • Net loss improved significantly to $191.8 million from $843.9 million in Q4 2023.
  • Adjusted EPS decreased to $0.21 from $0.23 in the prior-year quarter.
  • Clarivate repurchased $200 million in shares and prepaid $198 million of debt.

Headline financials

Total Revenue

$663M

Previous: $684M-3.0%
EPS (adj)

$0.21

Previous: $0.23-8.7%
Free Cash Flow

$59.1M

No prior period
Net Income

-$192M

Previous: -$844M+77.3%
Operating Income

-$62.3M

Previous: -$788M+92.1%

Revenue & EPS history

Clarivate · Revenue · Quarterly

$663M

Q4 2024-3%vs Q4 2023
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Clarivate · $621M total across 3 segments · Q2 2025

  • Subscription
    $406M—
  • Re-occurring
    $109M—
  • Transactional
    $107M—

Forward guidance

Clarivate expects flat recurring organic revenue growth in 2025 and plans to discontinue low-margin transactional products.

Tailwinds

  • Clarivate expects recurring organic revenue to remain stable in 2025.
  • Company will continue focusing on subscription-based revenue growth.
  • Cost structure will be aggressively managed to improve profitability.
  • Capital allocation strategy includes continued share repurchases.
  • Ongoing AI-powered product innovations expected to drive long-term growth.

Headwinds

  • Total revenue is expected to decline due to divestitures.
  • Discontinuation of certain products may lead to short-term revenue losses.
  • Macroeconomic challenges may impact transactional revenue streams.
  • Lower IP patent renewal volumes continue to affect re-occurring revenue.
  • Debt repayment obligations may limit near-term flexibility.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
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%
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2012———

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