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Mar 31, 2020
Donnelley Financial Solutions Q1 2020 Earnings Report
Donnelley Financial Solutions reported first quarter results, showing a decrease in net sales but an increase in net earnings and adjusted EBITDA.
Key Takeaways
Donnelley Financial Solutions reported a decrease in net sales by 3.9% to $220.7 million compared to the first quarter of 2019. However, the company saw an increase in GAAP net earnings to $4.1 million and an improvement in Adjusted EBITDA to $30.1 million, with Adjusted EBITDA margin expanding by 330 basis points to 13.6%.
DFIN's revenue mix is improving towards software solutions and tech-enabled services.
Adjusted EBITDA margin expanded for the third consecutive quarter.
Total debt decreased by $75 million compared to Q1 2019.
The company retracted its full-year 2020 financial guidance due to COVID-19 uncertainty.
Revenue by Segment
Forward Guidance
The company is suspending its previously announced full-year 2020 financial guidance due to the unpredictability of the duration and magnitude of the impact of the COVID-19 pandemic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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