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Dec 31, 2022

Dun & Bradstreet Q4 2022 Earnings Report

Dun & Bradstreet's Q4 2022 financial results were announced, revealing a mix of revenue performance and profitability.

Key Takeaways

Dun & Bradstreet reported Q4 2022 revenue of $595.0 million, a decrease of 0.6% compared to Q4 2021. Net income was $22.8 million, or $0.05 diluted earnings per share. Adjusted EBITDA was $250.4 million, with an adjusted EBITDA margin of 42.1%.

GAAP and Adjusted Revenue were $595.0 million.

Organic revenue, excluding acquisitions and divestitures, was $614.2 million, an increase of 2.2% on a constant currency basis.

GAAP net income was $22.8 million, or $0.05 diluted earnings per share.

Adjusted EBITDA was $250.4 million, an increase of 3.2% with adjusted EBITDA margin of 42.1%.

Total Revenue
$595M
Previous year: $598M
-0.6%
EPS
$0.32
Previous year: $0.33
-3.0%
42.1%
Previous year: 40.6%
+3.7%
Gross Profit
$407M
Previous year: $422M
-3.5%
Cash and Equivalents
$208M
Previous year: $177M
+17.7%
Free Cash Flow
$94.9M
Previous year: $101M
-6.0%
Total Assets
$9.47B
Previous year: $10B
-5.3%

Dun & Bradstreet

Dun & Bradstreet

Dun & Bradstreet Revenue by Segment

Dun & Bradstreet Revenue by Geographic Location

Forward Guidance

Dun & Bradstreet provided the following business outlook:

Positive Outlook

  • Revenues after the impact of foreign exchange are expected to be in the range of $2,260 million to $2,300 million, or ∼1.6% to 3.4%.
  • Organic revenue growth is expected to be in the range of 3.0% to 4.5%.
  • Adjusted EBITDA is expected to be in the range of $870 million to $920 million.
  • Adjusted EPS is expected to be in the range of $0.92 to $1.00.
  • Revenue assumes constant foreign currency rates.

Revenue & Expenses

Visualization of income flow from segment revenue to net income