Clarivate: Q2 Earnings Insights
Shares of Clarivate (NYSE:CCC) moved higher by 2.4% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 162.07% over the past year to $0.18, which beat the estimate of $0.14.
Revenue of $276,900,000 rose by 14.23% year over year, which missed the estimate of $286,680,000.
Guidance
Clarivate Analytics reaffirmed its FY20 guidance.
Conference Call Details
Date: Jul 30, 2020
Time: 08:00 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/clarivate/mediaframe/36163/indexr.html
Technicals
Company's 52-week high was at $28.82
52-week low: $15.00
Price action over last quarter: Up 20.32%
Company Overview
Clarivate PLC is an information services and analytics company serving the scientific research, intellectual property and life sciences end-markets. It provides structured information and analytics to facilitate the discovery, protection, and commercialization of scientific research, innovations and brands. Geographically, it derives a majority of revenue from the Americas and also has a presence in Middle East/Africa/Europe and the Asia Pacific.
