06:33 AM EST, 11/06/2024 (MT Newswires) -- Clarivate ( CLVT ) reported Q3 adjusted earnings Wednesday of $0.19 per diluted share, down from $0.21 a year earlier.

Analysts polled by Capital IQ expected $0.18.

Revenue for the quarter ended Sept. 30 was $622.2 million, down from $647.2 million a year earlier.

Analysts surveyed by Capital IQ expected $640.8 million.

The company has withdrawn its 2024 guidance due to the recent chief executive transition and the work being done under the value creation plan.

Clarivate's ( CLVT ) stock fell more than 4% in recent Wednesday premarket activity.

Price: 6.31, Change: -0.28, Percent Change: -4.25