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Sep 30, 2023

Dun & Bradstreet Q3 2023 Earnings Report

Dun & Bradstreet reported a strong Q3 2023 with revenue and adjusted EBITDA growth.

Key Takeaways

Dun & Bradstreet announced its Q3 2023 financial results, revealing a 5.8% increase in revenue to $588.5 million and a 5.6% increase in Adjusted EBITDA to $235.4 million. The Adjusted EBITDA margin stood at 40.0%.

Revenue increased by 5.8% to $588.5 million.

GAAP net income was $4.4 million, with diluted earnings per share at $0.01.

Adjusted EBITDA increased by 5.6% to $235.4 million, with a margin of 40.0%.

North America revenue increased by 4.4% to $421.4 million.

Total Revenue
$589M
Previous year: $556M
+5.8%
EPS
$0.27
Previous year: $0.29
-6.9%
Adjusted EBITDA Margin
40%
Previous year: 40.1%
-0.2%
Gross Profit
$382M
Previous year: $381M
+0.2%
Cash and Equivalents
$230M
Previous year: $204M
+12.8%
Free Cash Flow
$68M
Previous year: $221M
-69.2%
Total Assets
$9.14B
Previous year: $9.43B
-3.1%

Dun & Bradstreet

Dun & Bradstreet

Dun & Bradstreet Revenue by Segment

Dun & Bradstreet Revenue by Geographic Location

Forward Guidance

Dun & Bradstreet provided its business outlook, which includes revenue between $2,280 million and $2,320 million, organic revenue growth between 3.75% and 4.25%, adjusted EBITDA between $880 million and $910 million, and adjusted EPS between $0.95 and $1.00.

Positive Outlook

  • Revenues are expected to be in the range of $2,280 million to $2,320 million.
  • Organic revenue growth is expected to be in the range of 3.75% to 4.25%.
  • Adjusted EBITDA is expected to be in the range of $880 million to $910 million.
  • Adjusted EPS is expected to be in the range of $0.95 to $1.00.

Revenue & Expenses

Visualization of income flow from segment revenue to net income