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6.85
1.30%
-0.09
After Hours:
6.85
Why is Clarivate Plc (CLVT) Stock down?
We've noticed a 17.45% decline in Clarivate Plc (CLVT) stock during the 2024-02-27 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
03 Aug, 2023:
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
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