NYSE$DNB

Dun & Bradstreet Holdings Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Dun & Bradstreet reported financial results for Q1 2023, with revenue increasing slightly and organic revenue growth driven by North America and international segments.

Dun & Bradstreet's Q1 2023 results showed a slight increase in revenue, driven by organic revenue growth. The company's adjusted EBITDA remained flat, with a margin of 35.2%. Despite a challenging macroeconomic environment, the company remains confident in achieving its fiscal year 2023 goals.

  • Revenue for Q1 2023 was $540.4 million, up 0.8% year-over-year and 2.9% on a constant currency basis.
  • Organic revenue increased 3.2% on a constant currency basis compared to the first quarter of 2022.
  • GAAP net loss was $33.7 million, or a loss of $0.08 per share, while adjusted net income was $80.5 million, or $0.19 per diluted share.
  • Adjusted EBITDA was $190.0 million, with an adjusted EBITDA margin of 35.2%.

Headline financials

Total Revenue

$540M

Previous: $536M+0.8%
EPS (adj)

$0.19

Previous: $0.24-20.8%
Adjusted EBITDA Margin

35.2%

Previous: 35.5%-0.8%
Organic Revenue Growth

3.2%

Previous: 4.5%-28.9%
Capital Expenditures

$1.3M

Previous: $4.1M-68.3%
Free Cash Flow

$154M

Previous: $135M+14.6%
Net Income

-$33.7M

Previous: -$31.3M-7.7%
Operating Income

$7.9M

Previous: $16.4M-51.8%
Gross Profit

$345M

Previous: $359M-4.1%
Cash & Equivalents

$204M

Previous: $216M-5.4%
Total Assets

$9.3B

Previous: $9.86B-5.6%
Stock-Based Comp

$20.5M

Previous: $10.7M+91.6%

Revenue & EPS history

Dun & Bradstreet · Revenue · Quarterly

$540M

Q1 2023+0.8%vs Q1 2022
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Dun & Bradstreet · $375M total across 2 segments · Q1 2023

  • Finance & Risk
    $201M-0.5%
  • Sales & Marketing
    $174M+5.1%

Forward guidance

Dun & Bradstreet expects revenues to be in the range of $2.26 billion to $2.30 billion, organic revenue growth to be in the range of 3.0% to 4.5%, adjusted EBITDA to be in the range of $870 million to $920 million, and adjusted EPS to be in the range of $0.92 to $1.00.

Tailwinds

  • Revenues are expected to be in the range of $2,260 million to $2,300 million.
  • Organic revenue growth is expected to be in the range of 3.0% to 4.5%.
  • Adjusted EBITDA is expected to be in the range of $870 million to $920 million.
  • Adjusted EPS is expected to be in the range of $0.92 to $1.00.

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

-1.5%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+1.3%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+9.9%

Q3 2024

Best reaction

-14.5%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025+0.1%+0.1%
Q1 2025+0.2%-2.1%+0.3%
Q4 2025-10.4%-13.4%-16.8%
Q3 2024+9.9%+11.0%+17.3%
Q2 2024+8.6%+7.8%+10.2%
Q1 2024+5.3%+10.6%+4.0%
Q4 2023-2.7%-3.3%-7.2%
Q3 2023+6.2%
Q2 2023+4.4%
Q1 2023+8.3%
Q4 2022-14.5%
Q3 2022+4.4%
Q2 2022-2.3%
Q1 2022+3.3%
Q4 2021-9.9%
Q3 2021+2.1%
Q2 2021-8.4%
Q1 2021-5.3%
Q4 2018-3.7%
Q4 2020-5.7%
Q3 2020-7.1%
Q3 2019-7.1%
Q4 2019-3.7%
Q2 2020-3.7%
Q1 2019-3.7%
Q2 2019-3.7%
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012

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