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Donnelley Financial Solutions Reports Strong 2024 Earnings

Donnelley Financial Solutions Reports Strong 2024 Earnings

Donnelley Financial Solutions, Inc. ( (DFIN) ) has released its Q4 earnings. Here is a breakdown of the information Donnelley Financial Solutions, Inc. presented to its investors.

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Donnelley Financial Solutions, Inc. is a global provider of software and technology-enabled financial regulatory and compliance solutions, offering enterprise software and data analytics to support clients’ business and investment lifecycles. The company has reported its financial outcomes for the fourth quarter and full year of 2024, highlighting a solid performance in its software solutions segment.

In its latest earnings report, DFIN showcased a notable increase in software solutions net sales, reaching $81.6 million in the fourth quarter of 2024, marking a 10.7% rise from the previous year and constituting over half of the total net sales for the period. For the full year, software solutions net sales rose by 12.6%, amounting to $329.7 million, which represents 42.2% of the total net sales. Despite a decrease in overall net sales due to reduced capital markets transactional revenue, the company achieved a significant rise in profitability with full-year net earnings of $92.4 million, up from $82.2 million in 2023.

Key performance indicators also included a full-year Adjusted EBITDA of $217.3 million, reflecting a 4.8% increase over last year, while the adjusted EBITDA margin improved by 180 basis points to 27.8%. Operating cash flow and free cash flow also saw substantial improvements, bolstering the company’s financial position. Notably, DFIN repurchased shares worth $58.7 million throughout the year, indicating confidence in its market value.

Looking ahead, DFIN remains optimistic about capturing future opportunities, especially in its software solutions offerings. The company is well-positioned to leverage its market-leading regulatory and compliance products, despite potential uncertainties in its transactional offerings. As the capital markets show signs of activity, DFIN anticipates continued growth and adaptation to the evolving financial landscape.

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