Dfin reports first-quarter 2024 results

Chicago , may 1, 2024 /prnewswire/ -- donnelley financial solutions, inc. (nyse: dfin) (the "company" or "dfin") today reported financial results for the first quarter of 2024. first-quarter 2024 first-quarter 2023 $ change % change net sales $203.4 million $198.6 million $4.8 million 2.4 % net earnings $33.3 million $15.8 million $17.5 million 110.8 % adjusted ebitda(a) $55.2 million $42.4 million $12.8 million 30.2 % operating cash flow (b) ($27.9 million) ($51.5 million) $23.6 million 45.8 % free cash flow (a) ($40.2 million) ($62.1 million) $21.9 million 35.3 % highlights for the first quarter of 2024: total net sales of $203.4 million, an increase of 2.4%, or 2.8% on an organic basis(a), from the first quarter of 2023, driven by growth in software solutions and tech-enabled services, partially offset by lower print and distribution net sales.
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