Clarivate backs FY24 adjusted EPS view 70c-80c, consensus 74c

Backs FY24 revenue view $2.57B-$2.67B, consensus $2.61B. Backs FY24 adjusted EBITDA view $1.06B-$1.12B. “Our second quarter results were in line with the expectations we outlined on our prior earnings call. We continue to expect our full year 2024 financial results to be in the range of our existing outlook,” said Jonathan Collins, Executive Vice President and Chief Financial Officer. “With our strong cash flow, we plan to take a more balanced approach to capital allocation during the second half of 2024.”