Definitive Healthcare Q3 revenue beats estimates

Definitive Healthcare

06/11/2025 22:19

Overview

Definitive Healthcare Q3 revenue declines 4% yr/yr but slightly beats analyst expectations

Net loss for Q3 reduced significantly from prior year due to goodwill impairment charges

Adjusted EBITDA for Q3 exceeds expectations by $2 mln

Outlook

Company expects Q4 revenue between $59.0 mln and $60.0 mln

Definitive Healthcare raises bottom end of FY revenue forecast by $2.0 mln

Company sees FY adjusted EBITDA between $68.0 mln and $69.0 mln

Result Drivers

CUSTOMER WINS - Co reports new customer acquisitions and expansion opportunities across all end-markets, driven by data and integration capabilities

STRATEGIC INITIATIVES - CEO Kevin Coop cites progress in new logo production and retention rates as key drivers of Q3 performance

COMPETITIVE DISPLACEMENTS - Co secured competitive displacements by providing critical insights and data integration, enhancing customer value

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$60.05 mln
$59.50 mln (12 Analysts)
Q3 Net Income
-$17.79 mln
Q3 Gross Profit
$45.99 mln
Q3 Pretax Profit
-$17.27 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Definitive Healthcare Corp is $4.50, about 39.6% above its November 5 closing price of $2.72

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNX5PNkjm

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)