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Sep 30, 2024
Dun & Bradstreet Q3 2024 Earnings Report
Dun & Bradstreet's financial performance in Q3 2024 showed revenue growth and solid strategic progress.
Key Takeaways
Dun & Bradstreet reported a solid third quarter with revenue increasing by 3.5% to $609.1 million and organic revenue growth of 3.4%. The adjusted EBITDA increased by 5.1% to $247.4 million with a margin of 40.6%.
Revenue increased by 3.5% to $609.1 million, with a 3.2% increase on a constant currency basis.
Organic revenue grew by 3.4% on a constant currency basis.
Adjusted EBITDA increased by 5.1% to $247.4 million, with an adjusted EBITDA margin of 40.6%.
GAAP net income was $3.2 million, or $0.01 diluted earnings per share.
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 expects revenues at the low end of the previously communicated range of $2,400 million to $2,440 million, organic revenue growth at the low end of the range of 4.1% to 5.1%, adjusted EBITDA in the range of $930 million to $950 million, and adjusted EPS in the range of $1.00 to $1.04.
Positive Outlook
- Revenues are expected to be at the low end of the previously communicated range of $2,400 million to $2,440 million.
- Organic revenue growth is expected 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.
- Adjusted EPS is expected to continue to be in the range of $1.00 to $1.04.
- The forward-looking statements reflect Dun & Bradstreet’s expectations as of today's date and Revenue assumes constant foreign currency rates.
Challenges Ahead
- Revenue after the impact of foreign exchange are expected to be at the low end of the previously communicated range.
- Organic revenue growth is also expected to be at the low end of our previously communicated range.
- Actual results may differ materially due to risk factors, uncertainties and assumptions.
- Dun & Bradstreet does not intend to update its forward-looking statements until its next quarterly results announcement.
- The company does not present a qualitative reconciliation of its forward-looking non-GAAP financial measures to the most directly comparable GAAP measure due to the inherent difficulty.
Revenue & Expenses
Visualization of income flow from segment revenue to net income