DFIN Q4 sales up 5.2% to $176.5 million; full-year EPS fell to $2.69
Donnelley Financial Solutions reported fourth-quarter 2023 net sales of $176.5 million, up 5.2% from a year earlier, but diluted EPS was $0.35 versus $0.36. For the full year, net sales were $797.2 million, down from $833.6 million, and diluted EPS was $2.69 versus $3.17, so profit declined even as the company cited growth in software solutions. The company also authorized a new $150 million buyback and said a new SEC shareholder report rule is expected to be slightly dilutive to 2024 earnings before adding to 2025.
Key points
- Q4 2023 net sales of $176.5 million, up from $167.7 million; Q4 diluted EPS $0.35 versus $0.36 in Q4 2022
- Full-year 2023 net sales of $797.2 million versus $833.6 million in 2022; full-year diluted EPS $2.69 versus $3.17
- Full-year 2023 Adjusted EBITDA of $207.4 million, a 26.0% margin, versus $218.3 million in 2022
- New buyback of up to $150 million from January 1, 2024 through December 31, 2025; TSR rule expected to add $20 million to $25 million in annual net sales in 2025
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.