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Definitive Healthcare Reports Financial Results for Third Quarter Fiscal Year 2024

Definitive Healthcare Corp. (DH) 
Company Research Source: GlobeNewswire
FRAMINGHAM, Mass., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Definitive Healthcare Corp. (“Definitive Healthcare” or the “Company”) (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced financial results for the quarter ended September 30, 2024.  Third Quarter 2024 Financial Highlights: Revenue was $62.7 million, a decrease of 4% from $65.3 million in Q3 2023. Net Loss, inclusive of goodwill impairment charges of $228.2 million, was $(187.8) million, or (300%) of revenue, down 24% compared to $(248.7) million, inclusive of goodwill impairment charges of $287.4 million, or (381%) of revenue in Q3 2023.Adjusted Net Income was $15.4 million, compared to $14.6 million in Q3 2023.Adjusted EBITDA was $20.6 million, down 5% from Q3 2023, and 33% of revenue, compared to $21.7 million, or 33% of revenue in Q3 2023.Cash Flow from Operations was $19.4 million in the quarter.Unlevered Free Cash Flow was $24.3 millio Show less Read more
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