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Clarivate Plc  (CLVT)
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Price: $8.9400 $-0.05 -0.556%
Day's High: $9.02 Week Perf: 0.11 %
Day's Low: $ 8.88 30 Day Perf: 1.25 %
Volume (M): 3,978 52 Wk High: $ 11.99
Volume (M$): $ 35,567 52 Wk Avg: $8.32
Open: $8.94 52 Wk Low: $6.07



 Market Capitalization (Millions $) 5,998
 Shares Outstanding (Millions) 671
 Employees 9,000
 Revenues (TTM) (Millions $) 2,620
 Net Income (TTM) (Millions $) 256
 Cash Flow (TTM) (Millions $) -198
 Capital Exp. (TTM) (Millions $) 225

Clarivate Plc
Clarivate Plc is a global information services company that provides analytical tools and intelligence to accelerate innovation and scientific research. The company was formed in October 2016 by the merger of Thomson Reuters' Intellectual Property and Science business with private equity firm Onex Corporation's portfolio company, the intellectual property solutions provider, Clarivate Analytics. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol "CLVT". Clarivate Plc has its headquarters in London, United Kingdom, and operates globally with over 8,000 employees across more than 40 countries.

Clarivate Plc's expertise is in providing its customers with high-quality, reliable data and analytics that help them make more informed decisions in their research, intellectual property and life sciences work. Its solutions span across four primary areas: Science and Academia, Intellectual Property, Life Sciences and Corporate. Its products and services include Web of Science, the world's largest curated collection of scientific research data; Derwent World Patents Index, the world's most trusted patent research resource, and many others.

Clarivate Plc has a strong focus on innovation and technology, with extensive experience in managing large-scale databases of scientific and patent information, providing strategic insights, analytics, and expertise to governments, academic institutions, and businesses. The company's proprietary analytics software combines artificial intelligence and deep learning to provide its customers with a comprehensive suite of solutions that help them stay ahead of trends, protect their intellectual property, manage risk and make better-informed decisions.

Clarivate Plc is also known for its commitment to social responsibility and is dedicated to making a positive impact on communities globally. The company engages in philanthropic endeavors, including partnering with organizations like the World Intellectual Property Organization (WIPO) and the United Nations Development Programme (UNDP) to promote innovation and economic growth for underserved communities.

In summary, Clarivate Plc is a leading information services company that combines data, analytics, and expertise to provide its customers with high-quality insights and intelligence across various industries. Its ability to stay ahead of trends, coupled with its commitment to innovation, technology, and corporate responsibility, makes it a highly respected and sought-after partner for businesses, governments, and academic institutions around the world.


   Company Address: 70 St. Mary Axe London 0
   Company Phone Number: 4334000   Stock Exchange / Ticker: NYSE CLVT
   CLVT is expected to report next financial results on February 29, 2024.


   

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Clarivate Plc

Clarivate Plc's Remarkable Financial Comeback Shocks Stock Market in Q3 2023



Clarivate Plc, the renowned Cloud Computing & Data Analytics company, has made significant strides in the stock market as it reports impressive financial performance for the third quarter of 2023. Despite a challenging economic backdrop, the company has managed to decrease its losses, increase its revenue, and improve its profit margins. This article delves into the intriguing facts surrounding Clarivate Plc's recent financial report and its positive impact on the stock market.
Profitability Improvements
One of the most remarkable achievements of Clarivate Plc is the reduction in loss per share. Comparing the third quarter of 2023 to the same period a year ago, the company decreased its loss per share from $-6.64 to $-0.01?an astounding improvement. Moreover, the company showed an impressive recovery in terms of net profits. In the third quarter of 2023, Clarivate Plc recorded net profits of $12.3 million, marking a significant progression from a net deficit of $-4,415.5 million in the corresponding reporting period a year earlier. These positive indicators bode well for investors and instill confidence in Clarivate Plc's financial stability.

Clarivate Plc

Clarivate Plc experiences further widening of Diminishing Returns in Cloud Computing & Data Analytics during the latest fiscal period



Clarivate Plc, a leading Cloud Computing & Data Analytics company, recently released its financial results for the most recent fiscal period. While the company experienced a growth in revenue, its deficit per share increased and EPS fell compared to the previous year. This article will provide an analysis of Clarivate Plc's financial performance and put it into context with the overall market trends.
Financial Result Highlights:
1. Deficit per Share: Clarivate Plc's deficit per share increased to $-0.21 from $-0.06 in the previous year. This indicates a decline in profitability and raises concerns about the company's financial health.

Clarivate Plc

Clarivate Plc Surpasses Expectations with $63.60 Million Tax Provision Boosting Earnings

Clarivate Plc, a Cloud Computing & Data Analytics company, is making headlines with its impressive performance in the first quarter of 2023. With a revenue increase of 12.2% year on year, the company's revenue per employee reached $290,400, marking a new company high. The revenue for the quarter amounted to $629.10 million, which was up from $560.70 million in the corresponding reporting season a year prior.

The company's earnings per share (EPS) for the quarter came in at $0.04 per share, which is a significant improvement from the EPS of $-0.30 reported in the previous year. Net profit per share turned positive from $-6.64 per share from the prior reporting season, reflecting the company's strong improvements in earnings and profitability. Clarivate Plc's overall ranking, however, has deteriorated compared to the third quarter of 2022, from 1234 to an unknown number.

Clarivate Plc's bottom-line for the quarter was $43.500 million, a significant improvement from a net deficit of $-187.596 million in the corresponding reporting season of the previous year. The company has attributed its EPS improvement to tax provisions of $63.60 million, but even without this, the first quarter earnings would have been impressive.
Despite the positive results, Clarivate Plc's employees have achieved lower revenue per employee compared to those of 149 other companies in the Technology sector. Given the company's strong improvements in earnings, it appears to be well-positioned to capitalize on an intensely competitive 12 months, augmenting its exposure and progress. Clarivate Plc also highlighted its improved profit margins, with the net margin rising to 6.91% and operating margin edging up to 8.68% in the first quarter of 2023.






 

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