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 ...

Year-over-year impact of the eBrevia disposition (2.3) % — — — (0.5) % | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------------|------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | Net organic sales change | 23.0 % (5.6) | | | % | 2.0 | % | (3.3) | % | 1.7 | % | | Donnelley Financial Solutions, Inc. and Subsidiaries ("DFIN") | | | | | | | | | | ...

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 secondquarter fiscal year 2024 financial results, provide a general business update and respond to analyst questions. If you are unable to participate live, a replay of the webcast will be available following the conference call on the Company's investor relations website, along with the earnings press release, and rel ...

Donnelley Financial Solutions (DFIN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this financial communications and data services provider have returned -4.3%, compared to the Zacks S&P 500 composite's +6.1% change. During this period, the Zacks Internet - Software and Services industry, which Donnelley Financial falls in, has gained 3.7%. The key que ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Donnelley Financial Solutions (DFIN) . Donnelley Financial currently has ...

CHICAGO, May 6, 2024 /PRNewswire/ -- Donnelley Financial Solutions (NYSE: DFIN), a leading global risk and compliance solutions company, announced today that company management will participate in the following upcoming conferences:19th Annual Needham Technology, Media, & Consumer Conference – Tuesday, May 14, 2024 in New York City. Dan Leib, CEO, and Dave Gardella, CFO will participate in a fireside chat at 11:45 AM EST and host investor meetings.24th Annual B. Riley Securities Institutional Investor Confe ...