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Definitive Healthcare Reports Financial Results for Fourth Quarter and Full Fiscal Year 2023

Definitive Healthcare Corp. (DH) 
Company Research Source: GlobeNewswire
Fourth quarter revenue grew 9% year-over-year to $65.9 million Full year 2023 revenue grew 13% year-over-year to $251.4 million  FRAMINGHAM, Mass., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Definitive Healthcare Corp. (“Definitive Healthcare” or the “Company”) (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced financial results for the quarter and full year ended December 31, 2023.  Fourth Quarter 2023 Financial Highlights: Revenue was $65.9 million, an increase of 9% from $60.6 million in Q4 2022. Net (Loss) Income was ($13.4) million, or (20)% of revenue, compared to $5.9 million, or 10% of revenue in Q4 2022.  Adjusted Net Income was $10.6 million, compared to $10.3 million in Q4 2022.   Adjusted EBITDA was $19.8 million, or 30% of revenue, compared to $17.0 million, or 28% of revenue in Q4 2022.  Cash Flow from Operations was $4.7 million in the quarter.Unlevered Free Cash Flow was $11.1 million in the quarter. Full Year 2023 Financial Highlight Show less Read more
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