Financial Data and Key Metrics Changes - For the full year 2019, the company recorded net sales of $874.7 million and non-GAAP adjusted EBITDA of $137 million, maintaining a relatively flat non-GAAP EBITDA margin year-over-year [6][30] - Fourth quarter net sales were $190.3 million, a decrease of $10 million or 5% from the fourth quarter of 2018, with organic net sales also down 5.2% [20][30] - Fourth quarter non-GAAP adjusted EBITDA was $26.1 million, an increase of $6.7 million from the fourth quarter of 2018, with a non-GAAP adjusted EBITDA margin of 13.7%, up 400 basis points year-over-year [24][30] Business Line Data and Key Metrics Changes - SaaS sales made up 26.2% of total sales in Q4 2019, with total SaaS net sales approaching 22% of total net sales for the year, representing a 290 basis point increase from 2018 [5][9] - In Capital Markets, ActiveDisclosure revenues grew nearly 21% year-over-year in Q4, while overall M&A transactions were down over 25% compared to Q4 2018 [10][11] - Services net sales in Q4 increased by $2.4 million or 1.8%, driven primarily by growth in SaaS solutions, while products net sales decreased by $12.4 million or 18.2% [21] Market Data and Key Metrics Changes - U.S. segment net sales were $161.7 million in Q4 2019, a decrease of 5.3% from the previous year, with U.S. capital markets down 6.8% on an organic basis [25] - International segment net sales were $28.6 million in Q4 2019, a decrease of 3.4% from the previous year, with organic sales down 3% [27] Company Strategy and Development Direction - The company aims to continue its digital transformation and focus on growing its recurring SaaS revenue base while maintaining share in traditional businesses [15][36] - A $25 million share repurchase program was approved by the Board, reflecting confidence in the company's strategy and future prospects [13] - The company plans to optimize its manufacturing platform in response to regulatory changes that will reduce print demand, aiming for future profit margin and cash flow improvement [16] Management's Comments on Operating Environment and Future Outlook - Management noted significant headwinds in 2019, including a slowdown in global M&A activity and uncertainties related to Brexit and civil unrest in Hong Kong [6][30] - For 2020, total consolidated net sales are expected to be in the range of $860 million to $880 million, with SaaS net sales growth projected in low double digits [30][31] - The company anticipates a challenging first quarter due to the coronavirus outbreak, particularly impacting the international segment [33] Other Important Information - The company ended 2019 with a net leverage ratio of 2.0x, below the low end of its targeted leverage range, providing enhanced flexibility for capital deployment [8][30] - Consolidated free cash flow in Q4 was $49 million, an increase of $7.4 million from the previous year, primarily due to higher EBITDA and lower capital expenditures [28] Q&A Session Summary Question: Can you elaborate on rightsizing the platform and its implications? - Management explained that they are evaluating physical and software assets to optimize profitability, especially in light of regulatory changes affecting print volume [38] Question: What is the size of the software components like ActiveDisclosure and Venue? - Management indicated that Venue is the largest, followed by FundSuite Arc and ActiveDisclosure, which has shown significant growth [39] Question: How much of the transactional business contributes to revenue? - Transactional revenue was approximately $250 million globally, with M&A activity down year-over-year, while IPO revenue saw a slight increase [41] Question: What is the expected impact of the 30e-3 regulatory change? - Management confirmed that the change is set for Q1 2021 and is working on estimating its revenue impact [43] Question: What are the expected margins for the SaaS business? - Management indicated that more details on SaaS margins will be provided throughout the year as additional disclosures are made [61]

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 September 30, 2019 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. (NYSE:DFIN) Q3 2019 Earnings Conference Call November 5, 2019 9:00 AM ET Company Participants Justin Ritchie - Head IR Daniel Leib - President & CEO Dave Gardella - EVP & CFO Conference Call Participants Charles Strauzer - CJS Securities, Inc. Bill Warmington - Wells Fargo Michael Cho - JP Morgan Raj Sharma - B. Riley FBR Operator Ladies and gentlemen, thank you for standing by and welcome to the Donnelly Financial Solutions Third Quarter Earnings Conference Call. [Operat ...

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, 2019 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. (NYSE:DFIN) Q2 2019 Earnings Conference Call August 1, 2019 9:00 AM ET Company Participants Justin Ritchie - Head of Investor Relations Daniel Leib - President and Chief Executive Officer Dave Gardella - Executive Vice President and Chief Financial Officer Conference Call Participants Peter Heckmann - D.A. Davidson & Co. Charles Strauzer - CJS Securities, Inc. Operator Good morning, and welcome to the DFIN Second Quarter Earnings Call. My name is Brandon, and I will be yo ...

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 March 31, 2019 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. (NYSE:DFIN) Q1 2019 Results Earnings Conference Call May 2, 2019 9:00 AM ET Company Participants Justin Ritchie - Head of IR Dan Leib - President & CEO Dave Gardella - EVP & CFO Tom Juhase - COO Conference Call Participants Charles Strauzer - CJS Securities Peter Heckmann - D.A. Davidson Michael Cho - JPMorgan David Ridley Lane - Merrill Lynch Operator Welcome to the DFIN Q1 Earnings Call. My name is John, and I will be your operator for today’s call. At this time, all pa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 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 ...

Donnelley Financial Solutions, Inc. (NYSE:DFIN) Q4 2018 Earnings Conference Call February 27, 2019 9:00 AM ET Company Participants Justin Ritchie - Investor Relations Dan Leib - President & Chief Executive Officer Dave Gardella - Executive Vice President & Chief Financial Officer Tom Juhase - Chief Operating Officer Conference Call Participants Peter Heckmann - D.A. Davidson Charles Strauzer - CJS Securities Bill Warmington - Wells Fargo David Ridley-Lane - Bank of America Merrill Lynch Operator Welcome to ...