NASDAQ$DH

Definitive Healthcare Corp · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Definitive Healthcare's revenue increased by 43% year-over-year, with a GAAP net loss of $21.0 million.

Definitive Healthcare reported a strong third quarter with a 43% increase in revenue compared to the previous year. The company's GAAP net loss was $(21.0) million, and adjusted EBITDA was $14.4 million.

  • Revenue was $43.1 million, a 43% increase year-over-year.
  • GAAP Net loss was $(21.0) million, or 49% of revenue.
  • Adjusted Net Income was $2.2 million.
  • Adjusted EBITDA was $14.4 million, or 33% of revenue.

Headline financials

Total Revenue

$43.1M

Previous: $30.1M+43.3%
EPS (adj)

$0.01

Previous: -$0.11+108.8%
Adjusted EBITDA Margin

33.0%

No prior period
Free Cash Flow

-$7.98M

No prior period
Net Income

-$7.98M

Previous: -$9.96M+19.9%
Operating Income

-$4.03M

Previous: -$940K-328.3%
Gross Profit

$32.6M

Previous: $22.7M+43.9%
Cash & Equivalents

$190M

No prior period
Total Assets

$1.87B

No prior period
Stock-Based Comp

$2.32M

No prior period

Revenue & EPS history

Definitive Healthcare · Revenue · Quarterly

$43.1M

Q3 2021+43.3%vs Q3 2020
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Forward guidance

Definitive Healthcare provided financial guidance for the fourth quarter of 2021, including revenue in the range of $44 - $45 million and adjusted EBITDA in the range of $12.5 - $13.5 million.

Tailwinds

  • Revenue is expected to be in the range of $44 – $45 million, a 32% increase year over year.
  • Adjusted Operating Income is expected to be in the range of $11.5 – $12.5 million.
  • Adjusted EBITDA is expected to be in the range of $12.5 – $13.5 million.
  • Adjusted Net Income is expected to be $6 – $7 million.
  • Adjusted Net Income Per Diluted Share is expected to be $0.04 – $0.05 on approximately 148.6 million weighted-average shares outstanding.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-3.2%

Avg return

Earnings day

-5.7%

Avg return

5 days after

-5.8%

Avg return

30 days after

39%

7 / 18 earnings

Positive

+31.7%

Q1 2025

Best reaction

-34.3%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.2%-2.0%-5.2%
Q4 2025-8.6%-12.9%-25.0%
Q3 2025+11.9%+2.6%-6.4%
Q1 2025+31.7%+21.4%+33.1%
Q4 2024-34.3%-43.7%-40.2%
Q3 2024-1.4%+6.3%+8.4%
Q2 2024-1.4%+5.1%+21.6%
Q1 2024-27.1%-27.5%-22.9%
Q4 2023+2.3%-4.2%-13.3%
Q3 2023+27.5%+29.5%+49.5%
Q2 2023-4.0%-6.2%-21.2%
Q1 2023+0.9%-3.7%+7.9%
Q4 2022+3.5%-1.6%-11.5%
Q3 2022-25.0%-29.7%-14.5%
Q2 2022-16.3%-18.6%-35.7%
Q1 2022-17.5%-31.3%-19.4%
Q4 2021+7.6%+13.6%+14.0%
Q3 2021-5.8%+0.2%-23.3%
Q2 2021
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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