Definitive Healthcare reported a 31% increase in revenue for Q4 2022, reaching $60.6 million, along with a GAAP net income of $6.7 million compared to a net loss of $(14.8) million in Q4 2021. The company's adjusted EBITDA also increased to $17.0 million, representing 28% of revenue.
Revenue increased by 31% year-over-year to $60.6 million.
GAAP Net Income was $6.7 million, compared to a $(14.8) million loss in Q4 2021.
Adjusted Net Income increased to $10.5 million, compared to $6.6 million in Q4 2021.
Adjusted EBITDA was $17.0 million, representing 28% of revenue, compared to $13.1 million in Q4 2021.
Definitive Healthcare provided financial guidance for Q1 2023 and the full year 2023, including revenue, adjusted operating income, adjusted EBITDA, and adjusted net income estimates.
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