Clarivate Plc (CLVT) shares plummeted 5.08% in intraday trading following the release of its second-quarter 2025 financial results and full-year guidance. The global provider of transformative intelligence faced investor disappointment despite meeting earnings expectations and reaffirming its outlook for the year.
For Q2 2025, Clarivate reported adjusted earnings of $0.18 per share, in line with analyst expectations but down from $0.20 in the same quarter last year. Total revenues fell 4.4% to $621.4 million, primarily due to inorganic divestitures and disposals. However, this figure surpassed the FactSet consensus estimate of $589.4 million. The company's net loss narrowed significantly to $72 million from $304.3 million in Q2 2024, showing some improvement in financial health.
Despite meeting or exceeding Q2 expectations, Clarivate's reaffirmed full-year 2025 guidance seems to have underwhelmed investors. The company expects adjusted earnings per share between $0.60 and $0.70, and revenues ranging from $2.28 billion to $2.40 billion. While this outlook aligns with current analyst projections, the lack of an upward revision may have contributed to the stock's decline. Additionally, the company's ongoing challenges, including a slight 0.5% increase in organic revenues and lower organic transactional revenues, might have fueled investor concerns about Clarivate's growth prospects in a competitive market landscape.