Definitive Healthcare Corp reports results for the quarter ended in June - Earnings Summary

Definitive Healthcare

05/08/2024 22:00

* Definitive Healthcare Corp  DH.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 8 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 9 cents
per share. Wall Street expected results to range from 8 cents
to 9 cents per share.
    * Revenue rose 4.6% to $63.74 million from a year ago;
analysts
expected $63.20 million. 
    * Definitive Healthcare Corp's reported EPS for the quarter
was a
loss of $1.81​.
    * The company reported a quarterly loss of $213.64 million.
    * Definitive Healthcare Corp shares had fallen by 32.2% this
quarter and lost 62.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Definitive
Healthcare Corp is $8.00 
This summary was machine generated from LSEG data August 5 at
09:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.09           0.09           Met
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.08           0.07           Missed
 Sep. 30 2023      0.06           0.09           Beat