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Jun 30, 2024
Dun & Bradstreet Q2 2024 Earnings Report
Reported solid performance with mid-single digit organic revenue growth and Adjusted EBITDA margin expansion.
Key Takeaways
Dun & Bradstreet reported a 3.9% increase in revenue to $576.2 million for Q2 2024. Organic revenue increased by 4.3%. The adjusted EBITDA margin was 37.8%.
Revenue increased by 3.9% to $576.2 million.
Organic revenue increased by 4.3%.
Adjusted EBITDA was $217.9 million, a 5.7% increase.
Adjusted EBITDA margin was 37.8%.
Dun & Bradstreet
Dun & Bradstreet
Dun & Bradstreet Revenue by Segment
Dun & Bradstreet Revenue by Geographic Location
Revenue by Segment
Finance & Risk Revenue
CapyFin.comSales & Marketing Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
Dun & Bradstreet updated its full year 2024 outlook, expecting revenues to be at the low end of the previously communicated range of $2,400 million to $2,440 million and organic revenue growth to be at the low end of the previously communicated range of 4.1% to 5.1%. Adjusted EBITDA is expected to continue to be in the range of $930 million to $950 million, and adjusted EPS is expected to continue to be in the range of $1.00 to $1.04.
Positive Outlook
- Adjusted EBITDA is expected to continue to be in the range of $930 million to $950 million.
- Adjusted EPS is expected to continue to be in the range of $1.00 to $1.04.
- Revenues are expected to be at the low end of our previously communicated range of $2,400 million to $2,440 million.
- Organic revenue growth is expected to be at the low end of our previously communicated range of 4.1% to 5.1%.
- Team is executing and focused on implementing long-term strategic initiatives.
Challenges Ahead
- Expectations around the remaining 10 percent of revenues.
- Timing of macro environment improvement on Digital Marketing solutions.
- Revenue assumes constant foreign currency rates.
- Actual results may differ materially.
- Company does not intend to update its forward-looking statements until its next quarterly results announcement.
Revenue & Expenses
Visualization of income flow from segment revenue to net income