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Sep 30, 2021

Dun & Bradstreet Q3 2021 Earnings Report

Dun & Bradstreet reported an increase in revenue and adjusted EBITDA for Q3 2021.

Key Takeaways

Dun & Bradstreet's Q3 2021 results showed a 21.9% increase in GAAP revenue, reaching $541.9 million. Organic revenue increased by 4%. Net income was $16.6 million, or $0.04 per share, while adjusted EBITDA increased by 12.3% to $220.4 million.

GAAP Revenue and Adjusted Revenue increased by 21.9% and 22.0% respectively.

Organic revenue, excluding the Bisnode acquisition, increased by 3.9%.

Net income was $16.6 million, or diluted earnings per share of $0.04.

Adjusted EBITDA increased by 12.3% to $220.4 million, with an adjusted EBITDA margin of 40.7%.

Total Revenue
$542M
Previous year: $442M
+22.6%
EPS
$0.29
Previous year: $0.24
+20.8%
Adjusted EBITDA Margin
40.7%
Previous year: 44.6%
-8.7%
Gross Profit
$49.5M
Previous year: $45.2M
+9.5%
Cash and Equivalents
$234M
Previous year: $311M
-24.7%
Free Cash Flow
$105M
Previous year: -$200K
-52400.0%
Total Assets
$9.75B
Previous year: $9.19B
+6.1%

Dun & Bradstreet

Dun & Bradstreet

Dun & Bradstreet Revenue by Segment

Dun & Bradstreet Revenue by Geographic Location

Forward Guidance

Dun & Bradstreet is reiterating its previously provided full year 2021 outlook for Adjusted Revenues and Adjusted EBITDA and increasing its full year 2021 Adjusted EPS outlook.

Positive Outlook

  • Adjusted Revenues are expected to be in the range of $2,145 million to $2,175 million.
  • Adjusted EBITDA is expected to be in the range of $840 million to $855 million.
  • Adjusted EPS is expected to be in the range of $1.06 to $1.09.
  • Revenue assumes constant foreign currency rates.
  • The foregoing forward-looking statements reflect Dun & Bradstreet’s expectations as of today's date

Challenges Ahead

  • Actual results may differ materially.
  • 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.
  • Risks associated with operating and expanding internationally.
  • Failure to prevent cybersecurity incidents or the perception that confidential information is not secure.

Revenue & Expenses

Visualization of income flow from segment revenue to net income