Dun & Bradstreet reports Q4 adjusted EPS 32c, consensus 31c

Reports Q4 revenue $630.4M, consensus $622.18M. “We closed 2023 on a high note, delivering organic revenue growth of 5.1% during the fourth quarter with balanced performance across both our North America and International business segments. We engaged our customers with urgency, delivered our data and analytics with precision, and created new and innovative solutions to satisfy prospects growing needs. Companies throughout the world continue to lean on our breadth of solutions and we see robust demand for master data management and third party and supply chain risk solutions,” said Anthony Jabbour, Dun & Bradstreet Chief Executive Officer. “Overall, our strong financial and operating performance in 2023 was another proof point in our ongoing journey to transform and maximize the value of Dun & Bradstreet. With full year organic revenue growth at 4.3%, adjusted EBITDA of $892 million, and adjusted net earnings of $432 million, we continued to accelerate growth while maintaining excellent margins and improving our balance sheet. We are well-positioned to capture the significant growth opportunities in front of us and we expect to continue to accelerate revenue growth in 2024 despite a challenging macro environment. With improving profitability and cash flows, we expect to continue to deleverage the balance sheet and focus capital allocation strategies on driving increased shareholder returns.”