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Sep 30, 2021
Clarivate Q3 2021 Earnings Report
Clarivate's Q3 2021 earnings report indicated a significant increase in revenues and adjusted EBITDA, driven by acquisitions and organic growth.
Key Takeaways
Clarivate reported a 55% increase in revenues to $442.1 million and a 76% increase in Adjusted EBITDA to $190.0 million. Net income improved to $0.9 million, and Adjusted EPS rose to $0.16. The company reaffirms its outlook for 2021 and extended its share repurchase program.
Revenues increased by 55% to $442.1 million.
Adjusted EBITDA increased by 76% to $190.0 million.
Net income improved by 100% to $0.9 million.
Adjusted EPS increased by 14% to $0.16.
Forward Guidance
Clarivate reaffirms its outlook for 2021, anticipating strong performance in the fourth quarter.
Positive Outlook
- Adjusted Revenues: $1.80B to $1.84B
- Adjusted EBITDA: $795M to $825M
- Adjusted EBITDA margin: 44% to 45%
- Adjusted Diluted EPS: $0.70 to $0.74
- Adjusted Free Cash Flow: $450M to $500M
Historical Earnings Impact
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Avg. Return Before/After Earnings
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