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

Definitive Healthcare

08/05/2024 12:49

* Definitive Healthcare Corp  DH.OQ  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 6 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 8 cents
per share. Wall Street expected results to range from 8 cents
to 9 cents per share.
    * Revenue rose 7.2% to $63.48 million from a year ago;
analysts
expected $63.99 million. 
    * Definitive Healthcare Corp's reported EPS for the quarter
was a
loss of 8 cents​.
    * The company reported a quarterly loss of $9.52 million.
    * Definitive Healthcare Corp shares had fallen by 10.2% this
quarter and lost 27.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 16.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 9
"hold" and no "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 $9.75 
This summary was machine generated from LSEG data May 8 at 11:49
a.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
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.08           0.07           Missed
 Sep. 30 2023      0.06           0.09           Beat
 Jun. 30 2023      0.06           0.08           Beat