2024-03-14 12:26:56 ET
Summary
- Clarivate PLC's 4Q23 performance disappointed investors due to a weak macrocycle, but certain parts of the business are improving.
- Subscription and recurring revenue growth are accelerating, comprising a significant portion of the business.
- Management is implementing strategies to drive organic growth, including product portfolio restructuring and a shift in the LS&H segment.
Investment action
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Clarivate PLC: Agree Q4'23 Was Weak, But The Upside Remains Attractive