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BRIEF-Clarivate Analytics Q3 Earnings Per Share $0.04

Published 2019-11-05, 06:27 a/m
BRIEF-Clarivate Analytics Q3 Earnings Per Share $0.04

Clarivate Analytics PLC CCC.N :

* CLARIVATE ANALYTICS REPORTS THIRD QUARTER 2019 RESULTS

* Q3 ADJUSTED EARNINGS PER SHARE $0.14

* Q3 EARNINGS PER SHARE $0.04

* Q3 REVENUE ROSE 0 PERCENT TO $243 MILLION

* REAFFIRM OUTLOOK FOR 2019

* SUBSCRIPTION REVENUES DECREASED BY $3.5 MILLION, OR 1.7% FOR THREE MONTHS ENDED SEPTEMBER 30, 2019

* CLARIVATE ANALYTICS- SEES ANNUALIZED RUN-RATE SAVINGS, NET OF ACTUAL SAVINGS REALIZED, RELATED TO COST SAVINGS INITIATIVES IN 2019 OF ABOUT $12 MILLION

* FY 2019 ADJUSTED REVENUES IN A RANGE OF $962 MILLION TO $995 MILLION

* FY 2019 ADJUSTED EBITDA IN A RANGE OF $290 MILLION TO $310 MILLION

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