Dfin reports fourth quarter and full year 2021 results
Chicago, feb. 22, 2022 /prnewswire/ -- donnelley financial solutions, inc. (nyse: dfin), (the "company" or "dfin") today reported financial results for the fourth quarter and full year 2021. fourth-quarter 2021 fourth-quarter 2020 $ change % change net sales $232.8 million $210.3 million $22.5 million 10.7% net earnings (loss) (a) $25.6 million ($35.8 million) $61.4 million nm adjusted ebitda (b) $61.3 million $34.9 million $26.4 million 75.6% full-year 2021 full-year 2020 $ change % change net sales $993.3 million $894.5 million $98.8 million 11.0% net earnings (loss) (a) $145.9 million ($25.9 million) $171.8 million nm adjusted ebitda (b) $294.8 million $173.4 million $121.4 million 70.0% operating cash flow $180.0 million $154.2 million $25.8 million 16.7% free cash flow (b)(c) $137.7 million $123.1 million $14.6 million 11.9% (a) fourth-quarter and full-year 2020 includes a $40.6 million non-cash goodwill impairment charge in the investment companies - compliance and communications management segment.
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