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Dun & Bradstreet
🇺🇸 NYSE:DNB
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Dec 31, 2023

Dun & Bradstreet Q4 2023 Earnings Report

Dun & Bradstreet reported an increase in revenue and adjusted EBITDA for the fourth quarter of 2023.

Key Takeaways

Dun & Bradstreet's Q4 2023 saw a 6.0% increase in revenue to $630.4 million and a 4.0% increase in adjusted EBITDA to $260.6 million. The company's organic revenue growth was 5.1%. GAAP net income was $1.7 million, or less than $0.01 per diluted share, while adjusted net income was $139.8 million, or $0.32 per diluted share.

Revenue for Q4 2023 increased by 6.0% to $630.4 million.

Organic revenue growth for Q4 2023 was 5.1%.

Adjusted EBITDA for Q4 2023 increased by 4.0% to $260.6 million, with a margin of 41.3%.

GAAP net income for Q4 2023 was $1.7 million, or less than $0.01 per diluted share.

Total Revenue
$630M
Previous year: $595M
+5.9%
EPS
$0.32
Previous year: $0.32
+0.0%
Adjusted EBITDA Margin
41.3%
Previous year: 42.1%
-1.9%
Gross Profit
$257M
Previous year: $407M
-36.8%
Cash and Equivalents
$188M
Previous year: $208M
-9.7%
Free Cash Flow
$168M
Previous year: $94.9M
+76.5%
Total Assets
$9.14B
Previous year: $9.47B
-3.5%

Dun & Bradstreet

Dun & Bradstreet

Dun & Bradstreet Revenue by Segment

Dun & Bradstreet Revenue by Geographic Location

Forward Guidance

Dun & Bradstreet expects revenues to be in the range of $2,400 million to $2,440 million, organic revenue growth to be in the range of 4.1% to 5.1%, adjusted EBITDA to be in the range of $930 million to $950 million, and adjusted EPS to be in the range of $1.00 to $1.04.

Positive Outlook

  • Revenues are expected to be in the range of $2,400 million to $2,440 million, or ∼3.7% to 5.4%.
  • Organic revenue growth is expected to be in the range of 4.1% to 5.1%.
  • Adjusted EBITDA is expected to be in the range of $930 million to $950 million.
  • Adjusted EPS is expected to be in the range of $1.00 to $1.04.
  • Assumes constant foreign currency rates

Challenges Ahead

  • The foregoing forward-looking statements reflect Dun & Bradstreet’s expectations as of today's date.
  • Dun & Bradstreet 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
  • 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.
  • Actual results may differ materially.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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