Welcome to our dedicated page for Donnelley Financ news (Ticker: DFIN), a resource for investors and traders seeking the latest updates and insights on Donnelley Financ stock.
Donnelley Financial Solutions, Inc. provides financial regulatory and compliance software, technology-enabled services, and related communications solutions for public companies, private companies, mutual funds, and other regulated investment firms. Its updates center on end-to-end filing workflows, investment company regulatory compliance, complex capital markets transactions, private reporting, beneficial owner reporting, and financial disclosure management.
Recurring DFIN developments include quarterly results and business updates, software revenue trends, the ActiveDisclosure compliance platform, the Active Intelligence™ AI suite, commentary on SEC disclosure-rule changes, and management participation in investor conferences. Company announcements also address the mix between software solutions and compliance and communications management services, including print and distribution activity tied to regulatory and transaction documents.
Donnelley Financial Solutions (NYSE: DFIN) is scheduled to report its fourth-quarter fiscal year 2021 financial results on February 22, 2022, before market opening. A conference call and webcast will take place at 9:00 a.m. Eastern time on the same day to discuss these results and provide a business update. The call can be accessed via the company's investor relations website, where a replay will also be available. The financial report will be filed with the SEC on Form 8-K and posted online.
On January 24, 2022, Donnelley Financial Solutions (DFIN) released its Winter DealMaker Meter report, forecasting robust acquisition activity primarily in the telecom, media, and technology sectors. The report projects that North America will lead with a hot IPO market, as 79% of respondents affirm its growth. The report underscores the rising importance of ESG strategies, with 89% agreeing it plays a crucial role in dealmaking. DFIN aims to assist businesses in navigating M&A trends and capitalizing on favorable market conditions.
Donnelley Financial Solutions (DFIN), a leader in risk and compliance solutions, will participate in the CJS Securities 22nd Annual New Ideas for the New Year Conference on January 12, 2022 at 8:45 AM EST. The conference will be conducted virtually, and a live webcast can be accessed through the Company's Investor Relations page. A replay will also be available on the website. DFIN specializes in providing comprehensive risk and compliance solutions to clients worldwide.
Donnelley Financial Solutions (NYSE: DFIN) announced the acquisition of Guardum, a data security and privacy software provider, on December 13, 2021. This strategic move enhances DFIN's software portfolio by improving data security, regulatory compliance, and data accuracy. Guardum's tools enable faster data localization and redaction, crucial for meeting stringent regulations like CCPA and GDPR. The integration aims to reduce compliance costs, improve efficiency by up to 93%, and bolster security measures. DFIN's president highlighted the acquisition as pivotal in addressing current challenges in regulatory compliance.
Donnelley Financial Solutions (DFIN) reported a robust third quarter for 2021, with net sales reaching $247.7 million, an increase of 18.2% year-over-year. Net earnings surged to $42.2 million, a significant rise from $7.1 million in Q3 2020. Key drivers include record software solutions sales of $69.3 million, accounting for 28% of total net sales, as print volumes declined. Adjusted EBITDA reached $82.5 million, marking a 73.3% increase with a margin of 33.3%. The company anticipates further impacts from recent regulatory changes but remains optimistic about continued growth in its software offerings.
Donnelley Financial Solutions (NYSE: DFIN) has partnered with the Hong Kong FinTech Week 2021 Global Fast Track program, aimed at accelerating fintech growth. The initiative will showcase 120 selected fintechs, with winners announced during the event from November 1-5, 2021. DFIN will provide these winners with complimentary access to its Venue® Virtual Data Room and consultation services, enhancing their market readiness. This collaboration emphasizes DFIN's commitment to supporting emerging fintech companies and leveraging its technologies for their growth.
Donnelley Financial Solutions (DFIN) will announce its third-quarter fiscal year 2021 financial results on November 3, 2021, before market opening. A conference call and webcast will follow at 9:00 a.m. Eastern time, offering a business update and Q&A session for analysts. The financial report will also be filed with the SEC on Form 8-K and available on DFIN's investor relations website. Investors can access a replay of the call and related materials post-event.
Donnelley Financial Solutions (DFIN) has announced a strategic partnership with Tipalti, a global payables automation platform, to provide an end-to-end solution that enhances accounts payable (AP) and financial reporting processes. This collaboration aims to expedite cash flow and simplify the filing process for companies preparing for IPOs. DFIN's extensive expertise in IPO preparedness combined with Tipalti’s technology will streamline compliance requirements, helping clients efficiently navigate their financial journeys from S-1 to IPO.
Donnelley Financial Solutions (DFIN) has released its 2021 Guide to Effective Proxies, marking its ninth edition. This guide provides insights on designing proxy statements to communicate essential business objectives to investors while complying with SEC regulations. It highlights key investor topics, including ESG issues, Human Capital Management (HCM), and the importance of transparency in executive leadership. Additionally, the guide emphasizes the need for resilience in business practices, particularly in light of the global pandemic. DFIN will host a webcast on September 28, 2021, to discuss the guide's contents.
Donnelley Financial Solutions (NYSE: DFIN) announced a notice for the redemption of $233 million in 8.250% Senior Notes due 2024 on October 15, 2021. The redemption price is set at 102.063% of the principal, plus any accrued interest. The redemption will be financed through a $200 million draw on a term loan facility and cash reserves. This refinancing is projected to save approximately $14 million in annual interest costs. The notes are managed by DTC, so holders need not take action for payment.