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Dun & Bradstreet
🇺🇸 NYSE:DNB
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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.

Total Revenue
$609M
Previous year: $589M
+3.5%
EPS
$0.27
Previous year: $0.27
+0.0%
Adjusted EBITDA Margin
40.6%
Previous year: 40%
+1.5%
Gross Profit
$245M
Previous year: $382M
-35.9%
Cash and Equivalents
$289M
Previous year: $230M
+25.5%
Free Cash Flow
$89.6M
Previous year: $68M
+31.8%
Total Assets
$9B
Previous year: $9.14B
-1.4%

Dun & Bradstreet

Dun & Bradstreet

Dun & Bradstreet Revenue by Segment

Dun & Bradstreet Revenue by Geographic Location

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

Company Overview

Full financial data and analysis

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