earnings
confidence high
sentiment positive
materiality 0.70
DFIN reports Q2 2024 net earnings $44.1M ($1.47/diluted), up 17%; record software sales $85.6M
Donnelley Financial Solutions, Inc.
2024-Q2 EPS reported
$2.56
revenue$446,100,000
- Net sales $242.7M (+0.2% YoY); net earnings $44.1M (+17%); diluted EPS $1.47 vs $1.24.
- Record software solutions net sales $85.6M (+13.1% YoY), 35.3% of total sales vs 31.3%.
- Adjusted EBITDA $87.2M (+17.4%), margin 35.9% (+520 bps); free cash flow $36.8M vs $7.0M.
- Gross leverage 0.8x, net leverage 0.6x; repurchased 317k shares for $19.2M at avg $60.65.