Dun & Bradstreet Holdings, Inc. reported a total revenue of $2.38 billion for the fiscal year ending December 31, 2024, marking a 2.9% increase from $2.31 billion in 2023. The company's operating income rose significantly to $194.8 million, up from $140.3 million in the previous year, reflecting a 38.9% improvement. Despite this growth, Dun & Bradstreet recorded a net loss of $28.6 million, an improvement from a loss of $47.0 million in 2023. The company attributed the net loss primarily to increased interest expenses and restructuring charges, despite higher operating income.
In terms of strategic developments, Dun & Bradstreet has been actively pursuing acquisitions and expanding its product offerings. The company completed the acquisition of Bisnode Business Information Group AB in 2021, which enhanced its global client base and data cloud capabilities. Additionally, the company has launched innovative solutions, including ChatD&B™, a generative AI assistant designed to provide instant business insights. The company also initiated a stock repurchase program in April 2024, authorizing the buyback of up to 10 million shares over three years.
Operationally, Dun & Bradstreet reported a global client base of approximately 215,000 as of December 31, 2024, with a revenue retention rate of 96%. The company’s North America segment generated $1.67 billion in revenue, while the International segment contributed $709.4 million, reflecting growth in both Finance & Risk and Sales & Marketing solutions. The company also noted a significant increase in cloud infrastructure costs, which rose by approximately $39 million, partly due to modernization efforts.
Looking ahead, Dun & Bradstreet remains focused on enhancing existing client relationships and expanding its presence in international markets, where it currently derives about 30% of its revenue. The company plans to invest in innovative solutions and pursue strategic acquisitions to further strengthen its market position. However, it also faces challenges from macroeconomic conditions, including inflation and geopolitical uncertainties, which could impact client spending and overall demand for its services. The company’s management expressed confidence in its ability to navigate these challenges while continuing to drive growth and profitability.
About Dun & Bradstreet Holdings, Inc.
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