Donnelley Financial Solutions (DFIN) Misses Q1 EPS by 1c, Revenues Beat; Affirms FY19 Revenue Mid-Point Guidance Above Consensus

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DFIN Reports First-Quarter 2019 Results

May 2, 2019 6:30 AM EDT

CHICAGO--(BUSINESS WIRE)-- Donnelley Financial Solutions (NYSE: DFIN) today reported financial results for the first quarter 2019.

Highlights:

First-quarter net sales of $229.6 million, in line with guidance U.S. Investment Markets net sales increased by 4.0% from the first quarter of 2018 as a result of a special proxy project, as well as growth in annual report and prospectus solutions SaaS net sales increased by 6.5% from the first quarter of 2018, primarily driven by ActiveDisclosure; SaaS net sales represented 18.5% of first-quarter... More