Clarivate Plc (CLVT)

Clarivate (CLVT) shares dropped 22.27% on disappointing Q2 earnings. Revenues fell 2.6% due to MarkMonitor's divestiture. Net loss was $141.7 million, while Adjusted Net Income declined by 7.8%. Adjusted EBITDA increased 3.8%. Operating cash flow rose to $162.4 million, enabling debt reduction and share repurchases.

https://www.benzinga.com/pressreleases/23/08/n33541440/clarivate-reports-second-quarter-2023-results