earnings
confidence high
sentiment neutral
materiality 0.70
DFIN Q3 2024: net sales $179.5M, software solutions up 12.3% to $82.2M, net earnings $8.7M
Donnelley Financial Solutions, Inc.
2024-Q3 EPS reported
$2.86
revenue$625,600,000
- Net earnings $8.7M ($0.29 diluted); Adjusted EBITDA $43.2M (24.1% margin).
- Software solutions net sales $82.2M (record, +12.3% YoY; +13.6% organic).
- Tech-enabled services net sales down $5.2M (-6.5%); print & distribution down $4.3M (-16.3%).
- Operating cash flow $86.4M, Free Cash Flow $67.3M, improvements of $5.9M and $6.0M YoY.
- Repurchased 208,254 shares for $13.3M at avg $63.96; remaining authorization $108.7M.