Definitive Healthcare Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Definitive Healthcare (NASDAQ:DH) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$62.7m (down 4.0% from 3Q 2023).
• Net loss: US$130.9m (loss narrowed by 24% from 3Q 2023).
• US$1.13 loss per share (improved from US$1.50 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Definitive Healthcare Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 9.8% growth forecast for the Healthcare Services industry in the US.

Performance of the American Healthcare Services industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Definitive Healthcare that you should be aware of before investing here.

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