DFIN Q4 2024 net sales fell 11.4% to $156.3 million; full-year earnings rose
Donnelley Financial Solutions (DFIN) reported fourth-quarter 2024 net sales of $156.3 million, down 11.4% from a year earlier, and net earnings of $6.3 million, or $0.21 per diluted share, versus $10.6 million, or $0.35, in the fourth quarter of 2023. For the full year, net sales were $781.9 million, down 1.9%, while net earnings rose to $92.4 million, or $3.06 per diluted share, from $82.2 million, or $2.69. The quarterly decline reflects lower capital markets and investment companies transactional revenue, while full-year results show higher profit despite lower sales.
Key points
- Q4 2024 net sales were $156.3 million, down 11.4% from $176.5 million in Q4 2023; software solutions net sales rose 10.7% to $81.6 million.
- Q4 2024 Adjusted EBITDA was $31.7 million, down $9.6 million, with an Adjusted EBITDA margin of 20.3%.
- Full-year 2024 net earnings were $92.4 million, or $3.06 per diluted share, compared with $82.2 million, or $2.69, in 2023.
- Full-year 2024 Free Cash Flow was $105.2 million, and the company repurchased $58.7 million of shares during the year.
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 18, 2025.
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