Donnelley Financial Solutions Reports Q3 Earnings Beat on Revenue and EPS
Donnelley Financial Solutions (DFIN) reported third-quarter financial results that exceeded market expectations, posting a Non-GAAP EPS of $1.07, which beat estimates by $0.23. Total revenue reached $185 million, representing a 5.5% year-over-year increase and surpassing projections by approximately $5.1 million. The company's software solutions segment showed steady growth, with net sales of $95.2 million up 5.0% compared to the prior year period, now accounting for over half of total net sales. Looking ahead to the fourth quarter, DFIN provided guidance projecting total net sales between $175 million and $180 million with an adjusted EBITDA margin of 26% to 27%.
Tickers: $DFIN
Topics: earnings beat financial guidance revenue growth software solutions sales