NYSE$DNB

Dun & Bradstreet Holdings Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Dun & Bradstreet reported an increase in revenue and adjusted EBITDA for the fourth quarter of 2023.

Dun & Bradstreet's Q4 2023 saw a 6.0% increase in revenue to $630.4 million and a 4.0% increase in adjusted EBITDA to $260.6 million. The company's organic revenue growth was 5.1%. GAAP net income was $1.7 million, or less than $0.01 per diluted share, while adjusted net income was $139.8 million, or $0.32 per diluted share.

  • Revenue for Q4 2023 increased by 6.0% to $630.4 million.
  • Organic revenue growth for Q4 2023 was 5.1%.
  • Adjusted EBITDA for Q4 2023 increased by 4.0% to $260.6 million, with a margin of 41.3%.
  • GAAP net income for Q4 2023 was $1.7 million, or less than $0.01 per diluted share.

Headline financials

Total Revenue

$630M

Previous: $595M+5.9%
EPS (adj)

$0.32

Previous: $0.32+0.0%
Adjusted EBITDA Margin

41.3%

Previous: 42.1%-1.9%
Organic Revenue Growth

5.1%

No prior period
Capital Expenditures

-$69.5M

Previous: $2.4M-2995.8%
Net Income

$1.7M

Previous: $22.8M-92.5%
Operating Income

$63.8M

Previous: $58.3M+9.4%
Gross Profit

$257M

Previous: $407M-36.8%

Revenue & EPS history

Dun & Bradstreet · Revenue · Quarterly

$630M

Q4 2023+5.9%vs Q4 2022
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 to be in the range of $2,400 million to $2,440 million, organic revenue growth to be in the range of 4.1% to 5.1%, adjusted EBITDA to be in the range of $930 million to $950 million, and adjusted EPS to be in the range of $1.00 to $1.04.

Tailwinds

  • Revenues are expected to be in the range of $2,400 million to $2,440 million, or ∼3.7% to 5.4%.
  • 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.
  • Assumes constant foreign currency rates

Headwinds

  • The foregoing forward-looking statements reflect Dun & Bradstreet’s expectations as of today's date.
  • Dun & Bradstreet does not present a qualitative reconciliation of its forward-looking non-GAAP financial measures to the most directly comparable GAAP measure due to the inherent difficulty
  • It is not possible to predict or identify all risk factors.
  • We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
  • Actual results may differ materially.

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 Q4 2023

Historical avgQ4 2023

-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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