Clarivate reports second quarter 2022 results

— updates 2022 outlook — london , aug. 9, 2022 /prnewswire/ -- clarivate plc - (nyse: clvt) (the "company" or "clarivate"), a global leader in providing trusted information and insights to accelerate the pace of innovation, today reported results for the second quarter ended june 30, 2022. second quarter 2022 financial highlights revenues of $686.6 million increased 54.0%, and 59.9% at constant currency organic revenues(1) increased 4.8% net income attributable to ordinary shares of $43.7 million increased $175.2 million; net loss per diluted share of $0.00 improved by $0.22 adjusted net income(1) of $165.1 million increased 50.1%; adjusted income per diluted share(1) of $0.22 increased 29.4% or $0.05 adjusted ebitda(1) of $274.4 million increased 45.2% and adjusted ebitda margin(1) of 39.9% decreased 240 basis points first half of 2022 financial highlights revenues of $1,348.8 million increased 54.3%, and 58.8% at constant currency organic revenues(1) increased 4.6% net income attributable to ordinary shares of $94.5 million increased $282.0 million; net loss per diluted share of $0.07 improved by $0.28 adjusted net income(1) of $320.2 million increased 61.4%; adjusted income per diluted share(1) of $0.43 increased 38.7% or $0.12 adjusted ebitda(1) of $536.7 million increased 51.7% and adjusted ebitda margin(1) of 39.8% decreased 50 basis points cash flow from operations decreased $97.1 million to $164.6 million; adjusted free cash flow(1) decreased $0.4 million to $258.1 million "we delivered a good quarter with organic revenue growth approaching 5% as our one clarivate strategy is building traction across our global customer base," said jerre stead, executive chair and ceo.
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