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 re ...

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 thirdquarter 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 regist ...

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 sent ...

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. The news brings together two lead ...

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 ...

DFIN's ArcReporting® Streamlines Preparation, iXBRL Tagging, and Filing Process for Large Asset Management Company CHICAGO, Aug. 1, 2024 /PRNewswire/ -- DFIN (NYSE: DFIN), a leading risk and compliance company, today announced that a large Los Angeles-based asset manager used its proprietary SaaS solution, ArcReporting®, to successfully create, iXBRL-tag, and live-file a Tailored Shareholder Report (TSR) on Form N-CSR in compliance with the SEC's new TSR rule. The SEC adopted the TSR rule to simplify and st ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-37728 Donnelley Financial Solutions, Inc. (Exact name of registrant as specified in its charter) Delaware 36-4829638 (State or other jurisdiction of incorporation or organizati ...

Financial Data and Key Metrics Changes - The company reported total net sales of $242.7 million for Q2 2024, an increase of $0.6 million, or 0.2% on a reported basis, and 0.7% on an organic basis from Q2 2023 [14] - Adjusted EBITDA for Q2 2024 was $87.2 million, an increase of $12.9 million, or 17.4%, from Q2 2023, with an adjusted EBITDA margin of 35.9%, up approximately 520 basis points from the previous year [16][9] - Free cash flow improved to $36.8 million, an increase of $29.8 million compared to Q2 2023, driven by higher adjusted EBITDA and improved working capital performance [26] Business Line Data and Key Metrics Changes - Software solutions net sales grew 14.4% on an organic basis year-over-year, comprising 35.3% of total second quarter net sales, an increase of approximately 400 basis points from last year [5] - The Venue product, a virtual dataroom, posted approximately 38% sales growth, contributing significantly to the overall software solutions growth [6][16] - Capital markets compliance and communications management segment net sales decreased by $9.1 million, or 7.4%, primarily due to lower capital markets compliance revenue [21] Market Data and Key Metrics Changes - The deal environment remains soft compared to historical averages, with a decline in completed M&A deals year-over-year, although IPO activity showed improvement [22] - The company maintains a strong market share in capital markets transactions, reflecting its solid position despite the uncertain outlook for capital markets transactional activity [22] Company Strategy and Development Direction - The company is focused on transforming into a solution-centric organization, emphasizing software solutions and recurring revenue models [4][8] - The introduction of the Tailored Shareholder Reports regulation is expected to create future opportunities for the company, enhancing its service offerings in compliance and regulatory reporting [11] - The company aims to balance cost reductions with investments in initiatives to accelerate its transformation while maintaining a disciplined approach to capital deployment [28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to achieve long-term financial targets despite a challenging macroeconomic environment [4][30] - The company anticipates continued growth in software solutions, particularly from the Tailored Shareholder Reports, with expectations for stronger revenue growth in the second half of 2024 [23][59] - Management highlighted the importance of maintaining a stable revenue stream through recurring and reoccurring offerings, especially during market volatility [8] Other Important Information - The company ended the quarter with $179.6 million in total debt, down from $80 million drawn at the end of the first quarter, indicating improved financial health [26] - The company repurchased approximately 317,000 shares of common stock during the quarter for $19.2 million, reflecting its commitment to returning value to shareholders [27] Q&A Session Summary Question: Guidance for Q3 margins - Management indicated that the Q3 adjusted EBITDA margin is expected to be in the mid-to-high 20s range, consistent with previous performance [31][33] Question: Venue growth drivers - The growth in Venue was attributed to larger data rooms, increased page volume, and pricing improvements, with confidence in continued growth [35][36] Question: M&A deal pipeline and guidance - Management noted that while the M&A market remains uncertain, there is optimism for increased deal activity as monetary policy becomes clearer [42][43] Question: Software growth expectations - Management expects continued software growth driven by regulatory changes and improvements in existing offerings, with a focus on transitioning to a hybrid model [59][60]

Donnelley Financial Solutions (DFIN) came out with quarterly earnings of $1.66 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Over the last four quarters, the company has surpassed co ...

Exhibit 99.1 DFIN Reports Second-Quarter 2024 Results CHICAGO – July 31, 2024 – Donnelley Financial Solutions, Inc. (NYSE: DFIN) (the "Company" or "DFIN") today reported financial results for the second quarter of 2024. | | | Second-quarter 2024 | Second-quarter 2023 | $ Change | % Change | | --- | --- | --- | --- | --- | --- | | Net Sales | | $242.7 million | $242.1 million | $0.6 million | 0.2% | | Net Earnings | | $44.1 million | $37.7 million | $6.4 million | 17.0% | | Adjusted EBITDA | (a) | $87.2 mill ...