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Clarivate's Q2 Adjusted Earnings, Revenue Fall; 2024 Guidance Reaffirmed
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Clarivate's Q2 Adjusted Earnings, Revenue Fall; 2024 Guidance Reaffirmed
Aug 6, 2024 6:16 AM

08:59 AM EDT, 08/06/2024 (MT Newswires) -- Clarivate ( CLVT ) reported Q2 adjusted earnings Tuesday of $0.20 per diluted share, down from $0.21 a year earlier.

Analysts surveyed by Capital IQ expected $0.18.

Revenue for the quarter ended June 30 was $650.3 million, down from $668.8 million a year earlier.

Analysts surveyed by Capital IQ expected $651.9 million.

The company said it continues to expect 2024 adjusted EPS of $0.70 to $0.80 on revenue of $2.57 billion to $2.67 billion. Analysts surveyed by Capital IQ expect normalized EPS of $0.74 on revenue of $2.61 billion.

Price: 6.10, Change: -0.05, Percent Change: -0.81

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