Definitive Healthcare Corp. Class A ( (DH) ) has released its Q1 earnings. Here is a breakdown of the information Definitive Healthcare Corp. Class A presented to its investors.
Definitive Healthcare Corp., a leader in healthcare commercial intelligence, provides data-driven insights to support critical business decisions in the healthcare sector. In its first-quarter fiscal year 2025 earnings report, the company announced that its revenue exceeded guidance, despite a 7% decrease compared to the previous year. The company reported a net loss of $155.1 million, largely due to goodwill impairment charges, but maintained a positive cash flow from operations. Key financial metrics revealed an adjusted net income of $7.0 million and an adjusted EBITDA of $14.7 million, reflecting a focus on operational efficiency. The company also highlighted significant customer wins across various markets, including partnerships with healthcare advertising agencies and a return of a major office supply company client. Looking ahead, Definitive Healthcare remains optimistic about meeting its full-year financial targets, with expected revenue ranging from $234.0 to $240.0 million and continued strategic growth initiatives.