JACKSONVILLE, Fla.–(BUSINESS WIRE)– Dun & Bradstreet Holdings, Inc. (NYSE: DNB), a leading global provider of business decisioning data and analytics, announced unaudited financial results for the third quarter ended September 30, 2021. A reconciliation of U.S. generally accepted accounting principles (“GAAP”) to non-GAAP financial measures has been provided in this press release, including the accompanying tables. An explanation of these measures is also included below under the heading “Use of Non-GAAP Financial Measures.”

  • GAAP Revenue and Adjusted Revenue for the third quarter of 2021 were $541.9 million, an increase of 21.9% and 22.0% on a constant currency basis compared to the third quarter of 2020, which includes the net impact of lower deferred revenue purchase accounting adjustments of $1.0 million.
  • Excluding the net impact of the Bisnode acquisition, organic revenue, before the effect of foreign exchange, was $462.5 million, an increase of 3.9% compared to third quarter of 2020, which also included a 0.2 percentage point impact from the net impact of lower deferred revenue purchase accounting adjustments of $1.0 million.
  • Net income for the third quarter of 2021 was $16.6 million, or diluted earnings per share of $0.04, compared to a net loss of $16.3 million or diluted loss per share of $0.04 for the prior year quarter. Adjusted net income was $123.4 million, or adjusted diluted earnings per share of $0.29, compared to adjusted net income of $101.2 million, or adjusted diluted earnings per share of $0.24 for the prior year quarter.
  • Adjusted EBITDA for the third quarter of 2021 was $220.4 million, up 12.3% compared to the third quarter of 2020, and adjusted EBITDA margin was 40.7%, which included the net impact of lower deferred revenue purchase accounting adjustments of $1.0 million.

“In the third quarter, we accelerated organic growth to 4 percent. We continue to execute against our playbook and focus innovation to capture tailwinds in rapidly growing areas. We have set the stage for a strong finish to 2021 and increasing momentum into 2022, through investment in new product development, extended offerings through strategic partnerships and expanded capabilities via acquisition. We continue to leverage our core strengths both domestically and internationally and are very pleased with the continued progress we have made to date,” said Anthony Jabbour, Dun & Bradstreet Chief Executive Officer.

  • GAAP Revenue for the nine months ended September 30, 2021 was $1,567.3 million, an increase of 24.5% and 23.8% on a constant currency basis compared to the nine months ended September 30, 2020, which includes the net impact of lower deferred revenue purchase accounting adjustments of $20.3 million.
  • Adjusted Revenue for the nine months ended September 30, 2021 was $1,571.9 million, an increase of 24.9% and 24.2% on a constant currency basis compared to the nine months ended September 30, 2020. Excluding the net impact of the Bisnode acquisition, organic revenue, before the effect of foreign exchange, was $1,318.2 million, an increase of 4.3% compared to the nine months ended September 30, 2020, which also included a 1.7 percentage point impact from the net impact of lower deferred revenue purchase accounting adjustments of $20.3 million.
  • Net loss for the nine months ended September 30, 2021 was $60.1 million, or diluted loss per share of $0.14, compared to a net loss of $182.4 million, or diluted loss per share of $0.52 for the prior year period. Adjusted net income was $329.2 million, or adjusted diluted earnings per share of $0.77, compared to adjusted net income of $231.9 million, or adjusted diluted earnings per share of $0.67 for the prior year period.
  • Adjusted EBITDA for the nine months ended September 30, 2021 was $604.4 million, up 19.1% compared to the nine months ended September 30, 2020, and adjusted EBITDA margin was 38.5%, which included the net impact of lower deferred revenue purchase accounting adjustments of $20.3 million.

Source: Dun & Bradstreet Earnings Release