Clarivate reports Q4 adjusted EPS 21c, consensus 20c

Reports Q4 revenue $663M, consensus $660.13M. “We are committed to reinvigorating our business to deliver healthy organic growth and build for the future,” said Matti Shem Tov, CEO. “Last year we released a string of AI-powered product enhancements, and as part of our Value Creation Plan, we recently launched new subscription-based solutions including ProQuest e-Books, ProQuest Digital Collections and DRG Fusion. We are focused on driving subscription and re-occurring revenue growth and plan to discontinue sales of certain low-margin transactional products in 2025 and 2026, which will improve our revenue predictability.”