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Jun 30, 2021
Clarivate Q2 2021 Earnings Report
Clarivate's Q2 2021 results demonstrated positive trends, including mid-single-digit organic revenue growth and significant increases in margins and free cash flow, driven by recovery across many product segments.
Key Takeaways
Clarivate reported a strong second quarter with a 62.9% increase in revenue to $445.6 million. Organic revenue grew by 4.5% on a constant currency basis, driven by higher subscription and transactional revenues. Adjusted EBITDA increased by 88.8% to $189.0 million, and adjusted net income rose by 58.3% to $110.0 million.
Revenues increased by 62.9% to $445.6 million compared to the prior-year period.
Organic revenues increased 4.5% on a constant currency basis, driven by higher subscription and transactional revenues.
Adjusted EBITDA increased by 88.8% to $189.0 million compared to the prior-year period.
Adjusted diluted earnings per share was $0.17 for the second quarter of 2021.
Revenue by Segment
Forward Guidance
The Company updated its outlook based on the first half 2021 financial performance and expects the full year revenue split to be approximately 48% first half and 52% second half, and Adjusted EBITDA to be approximately 44% first half and 56% second half.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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