Donnelley Financial Solutions reported October 29 that third-quarter net sales rose 5.5% to $185 million as software demand and capital-markets transactions increased.
The compliance and financial-reporting company earned $21.3 million, or 85 cents per diluted share, compared with a $40.9 million loss a year earlier. The earlier period included substantial charges, primarily for a pension settlement and share-based compensation, making the reported profit swing larger than the change in adjusted earnings.
Adjusted net earnings rose to $26.8 million, or $1.07 per share, from $23.7 million and 86 cents. Those figures exclude specified costs included in reported results.
Software sales increased 5% to $95.2 million, representing 51.5% of revenue. Management said ActiveDisclosure grew approximately 24%.
Operating cash flow rose to $98.2 million from $74.4 million. Free cash flow, which subtracts capital spending, increased to $85.8 million from $59.2 million.
For the fourth quarter, DFIN forecasts $175 million–$180 million in sales and a 26%–27% adjusted EBITDA margin. These are management projections.
Sources: DFIN — October 29 Results: https://www.prnewswire.com/news-releases/dfin-reports-third-quarter-2026-results-302922789.html