CLARIVATE PLC
For the period ended Mar 31, 2025. Filed Apr 29, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 29, 2025
CLVT$2.39+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations (Unaudited)
| Three Months Ended March 31, | ||
|---|---|---|
| (In millions, except per share data) | 2025 | 2024 |
| Revenues | $593.7 | $621.2 |
| Operating expenses: | ||
| Cost of revenues | 207.0 | 217.8 |
| Selling, general and administrative costs | 178.4 | 191.9 |
| Depreciation and amortization | 185.4 | 179.4 |
| Restructuring and other impairments | 24.7 | 9.5 |
| Other operating expense (income), net | 19.0 | 17.6 |
| Total operating expenses | 614.5 | 616.2 |
| Income (loss) from operations | (20.8) | 5.0 |
| Fair value adjustment of warrants | — | (5.2) |
| Interest expense, net | 64.3 | 70.2 |
| Income (loss) before income tax | (85.1) | (60.0) |
| Provision (benefit) for income taxes | 18.8 | 15.0 |
| Net income (loss) | (103.9) | (75.0) |
| Dividends on preferred shares | — | 18.8 |
| Net income (loss) attributable to ordinary shares | $(103.9) | $(93.8) |
| Per share: | ||
| Basic | $(0.15) | $(0.14) |
| Diluted | $(0.15) | $(0.14) |
| Weighted average shares used to compute earnings per share: | ||
| Basic | 689.8 | 666.9 |
| Diluted | 689.8 | 666.9 |
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