Clarivate Plc (CLVT) shares surged 6.38% in pre-market trading on Wednesday following the release of its second-quarter 2025 financial results, which exceeded analyst expectations. The company reported adjusted earnings of $0.18 per share, beating the consensus estimate of $0.17, despite a 10% decrease from the same period last year.
Revenue for the quarter came in at $621.4 million, surpassing the analyst consensus of $587.1 million by 5.84%. Although this represents a 4.44% decrease from the previous year, Clarivate demonstrated positive organic revenue growth of 0.5%, driven by a 0.8% rise in organic recurring revenues. The company's recurring revenue mix improved to 88% of total revenue, up from 80% a year ago, indicating a more stable revenue stream.
Adding to investor confidence, Clarivate reaffirmed its full-year 2025 outlook. The company expects revenue in the range of $2.28 billion to $2.40 billion and adjusted earnings per share between $0.60 and $0.70, in line with current market expectations. This strong performance and optimistic forecast, despite challenging market conditions, appear to be driving the significant pre-market stock price increase.
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