- Dun & Bradstreet (NYSE:DNB -0.5%) has gained 2.7% in late trading after beats on top and bottom lines in its Q2 earnings.
- The company swung to a profit on a GAAP basis as well as adjusted, and bumped guidance for earnings.
- Overall revenue grew nearly 5%; organic revenue (backing out acquisitions) grew 2%.
- Revenue by geography: Americas, $329.1M (up 9%); non-Americas, $69.7M (down 4%). Excluding negative effects of 2.3% from foreign exchange, non-Americas revenue would be down 1%.
- Free cash flow was $148M vs. a year-ago $183M.
- For the full year, it sees revenue growth unchanged at 1.5%-3.5% (4-6% as adjusted), but boosted guidance for operating income to 1-5% growth (from previous flat to 4%), and expects EPS in a range of -2% to 3%, vs. previous -3% to 2%.
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Conference call to come tomorrow at 8 a.m. ET.
- Press Release