CLARIVATE Plc (CLVT) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q
Revenues, net		629.1	635.7	686.6	662.2	560.7		445.7
Revenues, net growth		-5.0%		54.0%	54.6%	23.1%		63.0%
Operating Expenses:
Cost of revenues		229.7	223.7	244.1	249.2	693.8		149.7
Selling, general and administrative costs		194.8	169.5	186.1	193.7	184.1		179.7
Depreciation and amortization		172.6	169.7	175.6	176.4	135.8		130.3
Restructuring and impairment		9.4	26.0	19.2	11.7	3.8		50.7
Other operating income, net		-32.0	-26.6	-24.6	-13.7	-7.8		-0.9
Total operating expenses		574.5	5,010.9	600.4	617.3	2,539.1		1,068.8
(Loss) income from operations		54.6	-4,375.2	86.2	44.9	31.9		-63.8
Operating margin		8.7%	-688.2%	12.6%	6.8%	5.7%		-14.3%
Mark to market (gain) loss on financial instruments		1.1	-53.3	-49.0	-100.4	-31.9		21.0
Interest expense and amortization of debt discount, net		-73.6	-71.5	-62.3	-59.5	-111.3		-38.5
Income (loss) before income taxes		-20.1	-4,393.4	72.9	85.8	-111.3		-123.3
(Benefit) provision for income taxes		-63.6	22.1	10.5	16.3	0.1		8.2
Net (loss) income		43.5	-4,415.5	62.4	69.5	-111.4		-131.5
Dividends on preferred shares		18.8	18.9	18.7	18.7	19.1
Net income (loss) attributable to ordinary shares		24.7	-4,434.4	43.7	50.8	-130.4		-131.5

Earnings per share
Basic (usd per share)		$0.04	($6.58)	$0.06	$0.07	($0.20)		($0.22)
Diluted (usd per share)		$0.04	($6.64)		($0.06)	($0.32)		($0.22)

Weighted average shares used to compute earnings per share:
Basic (in shares)		674.8	673.6	674.3	682.5	631.0		611.1
Diluted (in shares)		679.3	675.2	678.4	688.0	640.8		611.1