Definitive Healthcare: Reiterate Buy Rating As I Expect Growth To Recover In FY25 [Seeking Alpha]
Definitive Healthcare Corp. (DH)
Company Research
Source: Seeking Alpha
Recent results show revenue growth in line with estimates and improved profitability, despite concerns about net dollar retention and customer churn. Management guidance supports a turnaround in FY25, with indicators of healthy organic demand and potential for growth acceleration. Overview My recommendation for Definitive Healthcare ( NASDAQ: DH ) is a buy rating, as I believe the medium- to long-term growth outlook remains sound. While I do see merit to some of the concerns that are pressuring the share price, I think these are near-term headwinds that should recover by FY25. Notably, DH has shown very strong margin expansion ability despite soft topline performance. I believe when the business sees growth acceleration in FY25, it should lead to stronger margin expansion, which should drive valuations upward. Note that I previously gave a buy rating for DH because I believed the business was going to do well over the medium to long term and that the share price decline was mai
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DH
News
- Definitive Healthcare Announces Timing of Its First Quarter 2024 Financial Results Conference Call and WebcastGlobeNewswire
- Definitive Healthcare introduces Carevoyance sales enablement solution for medtech industry [Yahoo! Finance]Yahoo! Finance
- Definitive Healthcare introduces Carevoyance sales enablement solution for medtech industryGlobeNewswire
- VML and Definitive Healthcare announce partnership to transform key opinion leader management [Yahoo! Finance]Yahoo! Finance
- VML and Definitive Healthcare announce partnership to transform key opinion leader managementGlobeNewswire
DH
Earnings
- 2/28/24 - Beat
DH
Sec Filings
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- DH's page on the SEC website