Chief Executive Officer with Track Record of Software Growth to join Board
CHICAGO, March 14, 2025 /PRNewswire/ -- DFIN (NYSE: DFIN), a leading provider of software and tech-enabled solutions for financial reporting and capital markets transactions, is pleased to announce the appointment of Ayman Sayed, President and CEO of BMC Software Inc. to its board of directors. Sayed will stand for election at the company's 2025 annual meeting and will serve on the board's compensation committee.
User-Friendly Tool Facilitates Transition for DFIN Filers, Promotes Continuing Compliance
CHICAGO, March 11, 2025 /PRNewswire/ -- DFIN (NYSE: DFIN), a leading provider of software and tech-enabled solutions for financial reporting and capital markets transactions, today announced its new EDGAR Next Enrollment Portal, designed to streamline the transition to the SEC's new EDGAR Next filing framework and reduce client administrative burden. Through this new intuitive portal, DFIN clients can quickly meet the new authentication requirements for all filing types, including public company filings, investment company filings, and beneficial owner reporting. The DFIN EDGAR Next Enrollment Portal goes live on March 24, 2025, the opening date of the SEC enrollment window.
CHICAGO, Feb. 18, 2025 /PRNewswire/ -- Donnelley Financial Solutions, Inc. (NYSE: DFIN) (the "Company" or "DFIN") today reported financial results for the fourth quarter and full year of 2024.
Highlights:
Fourth-quarter software solutions net sales of $81.6 million, an increase of 10.7%, or 11.6% on an organic basis(a), from the fourth quarter of 2023; Software solutions net sales accounted for 52.2% of total fourth-quarter net sales.Full-year software solutions net sales of $329.7 million, an increase of 12.6%, or 13.8% on an organic basis(a), from the full year of 2023; Software solutions net sales accounted for 42.2% of total full-year net sales.Fourth-quarter net earnings of $6.3 million, or $0.21 per diluted share; Full-year net earnings of $92.4 million, or $3.06 per diluted share, as compared to $82.2 million, or $2.69 per diluted share, for the full year of 2023.Fourth-quarter Adjusted EBITDA(a) of $31.7 million and Adjusted EBITDA margin(a) of 20.3%.Full-year Adjusted EBITDA(a) of $217.3 million, up $9.9 million, or 4.8%, from the full year of 2023; Full-year Adjusted EBITDA margin(a) of 27.8%, an increase of approximately 180 basis points from the full year of 2023.Fourth-quarter Operating Cash Flow(b) of $56.4 million; Fourth-quarter Free Cash Flow(a) of $41.3 million.Full-year Operating Cash Flow(b) of $171.1 million and Free Cash Flow(a) of $105.2 million, improvements of $47.1 million and $43.0 million, respectively, from the full year of 2023.Gross leverage(a) of 0.6x and net leverage(a) of 0.3x as of December 31, 2024.During the fourth quarter, the Company repurchased 281,753 shares for $17.4 million at an average price of $61.67 per share. For full-year 2024, the Company repurchased 947,288 shares for $58.7 million at an average price of $61.97 per share. As of December 31, 2024, the remaining share repurchase authorization was $91.3 million.CHICAGO, Jan. 28, 2025 /PRNewswire/ -- Donnelley Financial Solutions (NYSE: DFIN) will hold a conference call and webcast on Tuesday, February 18, 2025 at 9:00 a.m. Eastern time to discuss its fourth-quarter fiscal year 2024 financial results, provide a general business update and respond to analyst questions.
A live webcast of the call will also be available on the Company's investor relations website. Please visit investor.dfinsolutions.com at least fifteen minutes prior to the start of the event to register, download and install any necessary audio software.
CHICAGO, Oct. 31, 2024 /PRNewswire/ -- Donnelley Financial Solutions, Inc. (NYSE: DFIN) (the "Company" or "DFIN") today reported financial results for the third quarter of 2024.
Highlights for the third quarter of 2024:
Record third-quarter software solutions net sales of $82.2 million, an increase of 12.3%, or 13.6% on an organic basis(a), from the third quarter of 2023; Software solutions net sales accounted for 45.8% of total net sales, up from 40.7% in the third quarter of 2023.Total net sales of $179.5 million, a decrease of 0.3%, or an increase of 0.2% on an organic basis(a), from the third quarter of 2023; net sales change was comprised of:Increase in software solutions net sales of $9.0 million (a 12.3% increase, or 13.6% on an organic basis(a)),Decrease in tech-enabled services net sales of $5.2 million (a 6.5% decrease), andDecrease in print and distribution net sales of $4.3 million (a 16.3% decrease)Net earnings of $8.7 million, or $0.29 per diluted share; Adjusted EBITDA(a) of $43.2 million and Adjusted EBITDA margin(a) of 24.1%.Operating Cash Flow(b) of $86.4 million and Free Cash Flow(a) of $67.3 million, improvements of $5.9 million and $6.0 million, respectively, from the third quarter of 2023.Gross leverage(a) of 0.5x and net leverage(a) of 0.4x as of September 30, 2024.The Company repurchased 208,254 shares for approximately $13.3 million at an average price of $63.96 per share. As of September 30, 2024, the remaining share repurchase authorization was $108.7 million.DFIN Recognized for Outstanding Software Development and Innovative Market Response to the Tailored Shareholder Reports Rule
CHICAGO, Oct. 30, 2024 /PRNewswire/ -- DFIN (NYSE: DFIN), a leading risk and compliance company, today announced it has won the 2024 NOVA Award for Industry Innovation in Product Development, presented by Nicsa, a global asset management trade association. The award honors DFIN for the outstanding leadership, product development, and innovative marketing approach it demonstrated in response to the U.S. Securities and Exchange Commission's (SEC) Tailored Shareholder Reports (TSR) ruling.
CHICAGO, Oct. 17, 2024 /PRNewswire/ -- Donnelley Financial Solutions (NYSE: DFIN) will hold a conference call and webcast on Thursday, October 31, 2024, at 9:00 a.m. Eastern time to discuss its third-quarter fiscal year 2024 financial results, provide a general business update and respond to analyst questions.
A live webcast of the call will also be available on the Company's investor relations website. Please visit investor.dfinsolutions.com at least fifteen minutes prior to the start of the event to register, download and install any necessary audio software.
DFIN Ranked as #60 Among 200 American Companies Recognized for Employee Sentiment and Satisfaction
CHICAGO, Oct. 2, 2024 /PRNewswire/ -- DFIN (NYSE: DFIN), a leading risk and compliance company, today announced that it was ranked #60 by Newsweek Magazine in the annual America's Top Most Loved Workplaces® list, developed by Most Loved Workplace®, a division of Best Practice Institute (BPI). This year, the list has expanded to the Top 200, reflecting companies' growing commitment to prioritizing employee sentiment and creating workplaces that employees love.
Top IPO law firm praises DFIN's sophisticated tech and 24/7/365 service
CHICAGO, Sept. 24, 2024 /PRNewswire/ -- DFIN (NYSE: DFIN), a leading global risk and compliance solutions company, announced today that Wilson Sonsini, a leading IPO law firm that has represented technology pioneers associated with thousands of milestone innovations, is the first law firm to leverage DFIN's ActiveDisclosure concierge platform to streamline the IPO process for its client, OneStream, Inc.
Hot trends include cybersecurity rules, shareholder engagement, and sustainability efforts
CHICAGO, Sept. 10, 2024 /PRNewswire/ -- DFIN, a leading risk and compliance company, today released its annual Guide to Effective Proxies. The 12th edition of the comprehensive and widely used guide aims to help companies transform their proxy statements into more effective communications tools for modern-day investors while complying with U.S. Securities and Exchange Commission (SEC) regulations.
They will Leverage AI and Other Advanced Technologies for Strategic Growth as well as Continue Investing in Global ESG Compliance
Inflation and Cybersecurity will Remain Top Concerns, with Companies Cautiously Balancing Risks
CHICAGO, Sept. 5, 2024 /PRNewswire/ -- DFIN (NYSE: DFIN), a leading global risk and compliance solutions company, today announced that a new survey of finance decision-makers reveals that 94 percent rate their company's business performance as strong, and more than 76 percent plan for increased M&A activity in 2025. Companies are making strategic investments in advanced technology and AI to drive efficiencies, mitigate cybersecurity risks, enhance insights into internal controls, and ensure compliance with evolving regulations, especially ESG mandates.
CHICAGO, July 17, 2024 /PRNewswire/ -- Donnelley Financial Solutions (NYSE: DFIN) will hold a conference call and webcast on Wednesday, July 31, 2024, at 9:00 a.m. Eastern time to discuss its second-quarter fiscal year 2024 financial results, provide a general business update and respond to analyst questions.
A live webcast of the call will also be available on the Company's investor relations website. Please visit investor.dfinsolutions.com at least fifteen minutes prior to the start of the event to register, download and install any necessary audio software.
The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.
Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.
On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.