Loading...
•
Mar 31, 2024
Deluxe Q1 2024 Earnings Report
Reported a strong start to 2024 with increases across comparable adjusted metrics.
Key Takeaways
Deluxe reported a decrease in revenue by 1.9%, but comparable adjusted revenue increased by 1.2%. Net income improved to $10.8 million from $2.8 million in the previous year. The company raised its full-year free cash flow outlook while affirming guidance for other 2024 metrics.
Revenue decreased by 1.9%, while comparable adjusted revenue increased by 1.2%.
Net income increased to $10.8 million, up from $2.8 million in the previous year.
Comparable adjusted EBITDA increased by 7% to $96.9 million.
Comparable adjusted diluted EPS increased by 4.3% to $0.72.
Revenue by Segment
Forward Guidance
The Company expects the following for full-year 2024, reflecting the removal of business exits, and all figures are approximate:
Positive Outlook
- Revenue of $2.14 to $2.18 billion
- Adjusted EBITDA of $400 to $420 million
- Adjusted diluted EPS of $3.10 to $3.40
- Free cash flow of $80 to $100 million
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
Loading earnings performance data...
Loading earnings reaction data...