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Clarivate(CLVT) - 2022 Q4 - Earnings Call Transcript
CLVTClarivate(CLVT)2023-03-02 04:07

Please turn with me now to Page 17 to walk through how we expect the more than $1.1 billion of adjusted EBITDA will convert to about $0.5 billion of free cash flow. Last year, we incurred more than $200 million in cash outflows associated with onetime costs related to the acquisitions. The majority of this came from restricted cash from the CPA employee benefits trust that was funded at closing of the acquisition back in 2021. We expect a material improvement in onetime cost of about $175 million this year ...