NYSE$DNB

Dun & Bradstreet Holdings Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Dun & Bradstreet reported a strong start to the year with revenue growth and adjusted EBITDA margin expansion.

Dun & Bradstreet's Q1 2024 shows a positive trajectory with a 4.5% increase in revenue to $564.5 million, driven by organic revenue growth of 4.3%. The company's adjusted EBITDA increased by 6.0% to $201.3 million, with an adjusted EBITDA margin of 35.7%.

  • Revenue increased by 4.5% to $564.5 million, with a 4.1% increase on a constant currency basis.
  • Organic revenue increased by 4.3% on a constant currency basis.
  • GAAP net loss was $23.2 million, or $0.05 per share, while adjusted net income was $85.0 million, or $0.20 per share.
  • Adjusted EBITDA increased by 6.0% to $201.3 million, with an adjusted EBITDA margin of 35.7%.

Headline financials

Total Revenue

$565M

Previous: $540M+4.5%
EPS (adj)

$0.20

Previous: $0.19+5.3%
Adjusted EBITDA

$201M

No prior period
Adjusted EBITDA Margin

35.7%

Previous: 35.2%+1.4%
Capital Expenditures

-$57.7M

Previous: $1.3M-4538.5%
Net Income

-$23.2M

Previous: -$33.7M+31.2%
Operating Income

$16.6M

Previous: $7.9M+110.1%
Gross Profit

$196M

Previous: $345M-43.0%
Stock-Based Comp

$17.9M

Previous: $20.5M-12.7%

Revenue & EPS history

Dun & Bradstreet · Revenue · Quarterly

$565M

Q1 2024+4.5%vs Q1 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Dun & Bradstreet · $421M total across 2 segments · Q3 2023

  • Finance & Risk
    $235M+4.8%
  • Sales & Marketing
    $187M+3.9%

Forward guidance

Dun & Bradstreet expects revenues between $2,400 million and $2,440 million, organic revenue growth between 4.1% and 5.1%, adjusted EBITDA between $930 million and $950 million, and adjusted EPS between $1.00 and $1.04 for fiscal year 2024.

Tailwinds

  • Revenues are expected to be in the range of $2,400 million to $2,440 million.
  • Organic revenue growth is expected to be in the range of 4.1% to 5.1%.
  • Adjusted EBITDA is expected to be in the range of $930 million to $950 million.
  • Adjusted EPS is expected to be in the range of $1.00 to $1.04.
  • The company's board of directors has approved a share repurchase program.

Headwinds

  • The forward-looking statements are based on expectations as of today's date and assume constant foreign currency rates.
  • Dun & Bradstreet does not present a qualitative reconciliation of its forward-looking non-GAAP financial measures to the most directly comparable GAAP measure.
  • Actual results may differ materially due to risk factors, uncertainties, and assumptions.
  • The company does not intend to update its forward-looking statements until its next quarterly results announcement.
  • Unfavorable global economic conditions including, but not limited to, volatility in interest rates, foreign currency markets, inflation, and supply chain disruptions

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-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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