06:24 AM EST, 02/19/2025 (MT Newswires) -- Clarivate ( CLVT ) reported Q4 adjusted earnings Wednesday of $0.21 per diluted share, down from $0.23 a year earlier.

Analysts polled by FactSet expected $0.20.

Revenue for the quarter ended Dec. 31 was $663 million, down from $683.7 million a year earlier.

Analysts surveyed by FactSet expected $660.1 million.

The company said it expects 2025 adjusted diluted earnings per share of $0.60 to $0.70 on revenue of $2.28 billion to $2.40 billion. Analysts surveyed by FactSet expect adjusted earnings of $0.71 per diluted share on revenue of $2.53 billion.

Clarivate ( CLVT ) also said it had initiated the exploration of strategic alternatives including potential divestitures.

The company's shares were down 4.6% in recent premarket activity on Wednesday.

Price: 4.61, Change: -0.22, Percent Change: -4.6