Clarivate Plc (NYSE:CLVT) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET

Company Participants

Mark Donohue - Vice President, Investor Relations

Jonathan Gear - Chief Executive Officer

Jonathan Collins - Executive Vice President and Chief Financial Officer

Conference Call Participants

Manav Patnaik - Barclays

Toni Kaplan - Morgan Stanley

Ashish Sabadra - RBC Capital Markets

Andrew Nicholas - William Blair

Hans Hoffman - Jefferies

Owen Lau - Oppenheimer

Seth Weber - Wells Fargo

Peter Christiansen - Citi

George Tong - Goldman Sachs

Operator

Hello, everyone, and welcome to the Clarivate Second Quarter 2023 Earnings Conference Call. My name is Nadia, and I’ll be coordinating the call today. [Operator Instructions]

I will now hand over to your host, Mark Donohue, Vice President, Investor Relations, to begin. Mark, please go ahead.

Mark Donohue

Thanks, Nadia. Good morning, everyone. Thank you for joining us for the Clarivate second quarter 2023 earnings conference call.

This conference call is being recorded and webcast and is copyrighted property of Clarivate. Any rebroadcast of this information in whole or in part without prior written consent of Clarivate is prohibited. An accompanying earnings call presentation is available on the Investor Relations section of the company’s website, clarivate.com.

During our call, we may make certain forward-looking statements within the meaning of the applicable securities laws. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the business or developments in Clarivate’s industry to differ materially from the anticipated results, performance achievements or developments expressed or implied by such forward-looking statements. Information about the factors that could cause actual results to differ materially from anticipated results or performance can be found in Clarivate’s filings with the SEC and on the company’s website.

Our discussion will include non-GAAP measures or adjusted numbers, including organic revenue and adjusted EBITDA. Clarivate believes non-GAAP results are useful in order to enhance an understanding of our ongoing operating performance, but they are supplement to and should not be considered in isolation from or a substitute for GAAP financial measures. Reconciliations of these measures to GAAP measures are available in our earnings release and supplemental presentation on our website.

So with me today are Jonathan Gear, Chief Executive Officer; and Jonathan Collins, Chief Financial Officer. Both will be available to take your questions at the conclusion of the prepared remarks. And now with that, it’s a pleasure to turn the call over to Jonathan.