NYSE$DFIN
Donnelley Financial Solutions Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Donnelley Financial Solutions reported an increase in net sales and adjusted EBITDA, driven by strength in capital markets and software solutions growth.
Donnelley Financial Solutions (DFIN) reported a 5.3% increase in net sales to $267.5 million and a 31.4% increase in Adjusted EBITDA to $79.9 million for the second quarter of 2021. The growth was primarily driven by continued strength in capital markets and growth in software solutions net sales.
- Net sales increased by 5.3% to $267.5 million compared to Q2 2020, driven by capital markets and software solutions.
- Software solutions net sales reached a record $66.6 million, up 39.9% year-over-year.
- Net earnings increased to $42.9 million, up from a net loss of $1.3 million in Q2 2020.
- Adjusted EBITDA increased by 31.4% to $79.9 million, with an Adjusted EBITDA margin of 29.9%.
Headline financials
Revenue & EPS history
Donnelley Financial Solutions · Revenue · Quarterly
$268M
Revenue by segment
Donnelley Financial Solutions · $268M total across 3 segments · Q2 2021
- Tech-enabled Services$134M+16.1%50.1%
- Print and Distribution$66.9M-26.5%25.0%
- Software Solutions$66.6M+39.9%24.9%
Forward guidance
DFIN is seeing continued momentum from the start of Q3 including strength in the transactional environment. The company is well positioned to capture acquisition activity from the SPAC market and capture additional ActiveDisclosure software subscription sales.
Tailwinds
- Ongoing positive market response to software solutions.
- Sales momentum across software solutions offerings accelerated.
- Strength in the transactional environment.
- Robust pipeline of clients seeking acquisition opportunities in the SPAC market.
- Well positioned to capture additional ActiveDisclosure software subscription sales.
Headwinds
- Not mentioned
- Not mentioned
- Not mentioned
- Not mentioned
- Not mentioned
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-2.6%
Avg return
Earnings day
-2.8%
Avg return
5 days after
-2.8%
Avg return
30 days after
40%
17 / 42 earnings
Positive
+25.5%
Q2 2022
Best reaction
-22.6%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -15.0% | -23.6% | |
| Q4 2025 | +12.3% | +21.2% | +20.0% | |
| Q3 2025 | -14.3% | -10.3% | -5.1% | |
| Q1 2025 | +3.9% | +11.6% | +17.4% | |
| Q4 2024 | -22.6% | -26.3% | -32.5% | |
| Q3 2024 | -11.6% | -9.5% | -5.7% | |
| Q2 2024 | -7.0% | -12.7% | -4.0% | |
| Q1 2024 | -0.6% | +0.6% | -2.9% | |
| Q4 2023 | +3.2% | +3.9% | +1.4% | |
| Q3 2023 | +1.8% | +1.3% | +6.9% | |
| Q2 2023 | +1.0% | +2.3% | +6.2% | |
| Q1 2023 | +1.6% | +1.7% | +8.9% | |
| Q4 2022 | -14.6% | -13.5% | -22.0% | |
| Q3 2022 | -18.9% | -16.9% | -8.9% | |
| Q2 2022 | +25.5% | +26.9% | +17.0% | |
| Q1 2022 | -14.6% | -12.2% | +0.4% | |
| Q4 2021 | -3.9% | +0.5% | +3.3% | |
| Q3 2021 | +15.4% | +23.0% | +12.5% | |
| Q2 2021 | +10.4% | +6.4% | +5.3% | |
| Q1 2021 | -16.4% | -14.2% | +1.1% | |
| Q4 2020 | +14.4% | +24.3% | +20.9% | |
| Q3 2020 | +2.6% | -0.1% | +22.4% | |
| Q2 2020 | +23.1% | +17.5% | +9.9% | |
| Q1 2020 | +13.1% | +0.3% | +35.6% | |
| Q4 2019 | +1.4% | +6.9% | -37.3% | |
| Q3 2019 | -16.4% | -14.1% | -10.4% | |
| Q2 2019 | -1.0% | -11.3% | -22.0% | |
| Q1 2019 | +6.4% | +2.1% | -18.3% | |
| Q4 2018 | -12.0% | -10.7% | -7.8% | |
| Q3 2018 | +6.9% | +7.3% | +1.1% | |
| Q2 2018 | -10.4% | -11.8% | +0.8% | |
| Q1 2018 | -7.3% | -7.8% | -17.8% | |
| Q4 2017 | -15.4% | -10.1% | -14.2% | |
| Q3 2017 | -8.2% | -12.6% | -4.5% | |
| Q2 2017 | -5.9% | -9.7% | -7.7% | |
| Q1 2016 | -2.2% | -1.4% | +2.6% | |
| Q1 2017 | +3.6% | -0.9% | +15.7% | |
| Q2 2016 | -13.9% | -18.4% | -25.9% | |
| Q4 2016 | -13.9% | -18.4% | -25.9% | |
| Q4 2014 | -13.9% | -18.4% | -25.9% | |
| Q4 2015 | -5.5% | -0.7% | -2.0% | |
| Q3 2016 | -5.5% | -0.7% | -2.0% | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — |
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