London, july 29, 2021 /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, 2021. second quarter 2021 financial highlights revenues of $445.6 million and adjusted revenues(1) of $447.0 million, increased 59% and 57%, respectively, at constant currency organic revenues(1), which exclude the impact of acquisitions and divestitures, increased 5%, at constant currency net loss of $82.2 million increased 225%; adjusted net income(1) of $110.0 million increased 58% net loss per diluted share of $(0.13) increased $0.06; adjusted income per diluted share(1) (eps) of $0.17 decreased $0.01 due to a 63% increase in the weighted average ordinary shares outstanding driven primarily by the cpa global acquisition and the company's 1h 2020 primary and secondary offerings, which have now been outstanding for a full period adjusted ebitda(1) of $189.0 million increased 89% and adjusted ebitda margin(1) of 42% increased 610 basis points first half 2021 financial highlights revenue of $874.1 million and adjusted revenue(1) of $878.5 million increased 66% and 65%, respectively, at constant currency organic revenues([1]), which exclude the impact of acquisitions and divestitures, increased 6%, at constant currency net loss of $106.2 million decreased 32%; adjusted net income(1) of $198.4 million increased 109% net loss per diluted share of $(0.17) decreased 60% or $(0.26); adjusted income per diluted share(1) (eps) of $0.31 increased 24% or $0.06 adjusted ebitda(1) of $353.8 million increased 98% and adjusted ebitda margin(1) of 40% increased 600 basis points cash flow from operations increased $154 million to $262 million; adjusted free cash flow(1) increased $138.9 million to $258.5 million ________________________________ 1 represents a non-gaap measure.
CLVT Ratings Summary
CLVT Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission