Welcome to our dedicated page for Definitive Healthcare news (Ticker: DH), a resource for investors and traders seeking the latest updates and insights on Definitive Healthcare stock.
Definitive Healthcare Corp (DH) provides actionable healthcare commercial data through its SaaS platform, empowering strategic decisions across the $4 trillion U.S. healthcare sector. This news hub delivers verified updates about DH's operational developments, financial milestones, and market leadership.
Key resources include: Earnings call summaries, product enhancement announcements, executive leadership changes, and partnership disclosures. Investors gain insights into recurring revenue trends while healthcare professionals track innovations in provider analytics and predictive modeling tools.
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On May 14, 2024, Definitive Healthcare announced that its Founder, Interim CEO, and Executive Chairman, Jason Krantz, will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference. The presentation is scheduled for May 21, 2024, at 10:10 a.m. Eastern Time. A live webcast of the event will be available on the company's investor relations website, with a replay accessible for a period.
Definitive Healthcare reported a 7% increase in revenue to $63.5 million for the first quarter of fiscal year 2024. The company's adjusted EBITDA and net income also showed positive growth compared to the same period last year. Definitive Healthcare expanded its enterprise customer base and made significant customer wins. The Board of Directors approved a stock repurchase program of up to $20.0 million. The company issued financial guidance for the second quarter and full year 2024.