earnings
confidence high
sentiment positive
materiality 0.85
DFIN Q1 2022: Software sales record $69.8M, adj. EBITDA $51.1M, net earnings $26.4M
Donnelley Financial Solutions, Inc.
2022-Q1 EPS reported
$0.77
revenue$211,000,000
- Total net sales $211.0M; net earnings $26.4M ($0.77 diluted EPS).
- Adjusted EBITDA $51.1M (24.2% margin); free cash flow beat expectations.
- Software solutions net sales $69.8M (+15.8% YoY), 33.1% of total sales (record mix).
- Recurring compliance products grew 19% (ActiveDisclosure +29%, Venue +12%).
- Company raised long-term target: ~60% software sales by 2026 (exceeding '44 in 24' goal).