Earnings release
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dun & bradstreet DUN & BRADSTREET REPORTS THIRD QUARTER 2021 FINANCIAL RESULTS JACKSONVILLE , Fla . - November 4 , 2021 : Dun & Bradstreet Holdings , Inc. ( NYSE : DNB ) , a leading global provider of business decisioning data and analytics , today announced unaudited financial results for the third quarter ended September 30 , 2021. A reconciliation of U.S. generally accepted accounting principles ( “ GAAP ” ) to non- GAAP financial measures has been provided in this press release , including the accompanying tables . An explanation of these measures is also included below under the heading “ Use of Non - GAAP Financial Measures . " GAAP Revenue and Adjusted Revenue for the third quarter of 2021 were $ 541.9 million , an increase of 21.9 % and 22.0 % on a constant currency basis compared to the third quarter of 2020 , which includes the net impact of lower deferred revenue purchase accounting adjustments of $ 1.0 million . Excluding the net impact of the Bisnode acquisition , organic revenue , before the effect of foreign exchange , was $ 462.5 million , an increase of 3.9 % compared to third quarter of 2020 , which also included a 0.2 percentage point impact from the net impact of lower deferred revenue purchase accounting adjustments of $ 1.0 million . Net income for the third quarter of 2021 was $ 16.6 million , or diluted earnings per share of $ 0.04 , compared to a net loss of $ 16.3 million or diluted loss per share of $ 0.04 for the prior year quarter . Adjusted net income was $ 123.4 million , or adjusted diluted earnings per share of $ 0.29 , compared to adjusted net income of $ 101.2 million , or adjusted diluted earnings per share of $ 0.24 for the prior year quarter . Adjusted EBITDA for the third quarter of 2021 was $ 220.4 million , up 12.3 % compared to the third quarter of 2020 , and adjusted EBITDA margin was 40.7 % , which included the net impact of lower deferred revenue purchase accounting adjustments of $ 1.0 million . " In the third quarter , we accelerated organic growth to 4 percent . We continue to execute against our playbook and focus innovation to capture tailwinds in rapidly growing areas . We have set the stage for a strong finish to 2021 and increasing momentum into 2022 , through investment in new product development , extended offerings through strategic partnerships and expanded capabilities via acquisition . We continue to leverage our core strengths both domestically and internationally and are very pleased with the continued progress we have made to date , " said Anthony Jabbour , Dun & Bradstreet Chief Executive Officer . • • GAAP Revenue for the nine months ended September 30 , 2021 was $ 1,567.3 million , an increase of 24.5 % and 23.8 % on a constant currency basis compared to the nine months ended September 30 , 2020 , which includes the net impact of lower deferred revenue purchase accounting adjustments of $ 20.3 million . Adjusted Revenue for the nine months ended September 30 , 2021 was $ 1,571.9 million , an increase of 24.9 % and 24.2 % on a constant currency basis compared to the nine months ended September 30 , 2020 . Excluding the net impact of the Bisnode acquisition , organic revenue , before the effect of foreign exchange , was $ 1,318.2 million , an increase of 4.3 % compared to the nine months ended September 30 , 2020 , which also included a 1.7 percentage point impact from the net impact of lower deferred revenue purchase accounting adjustments of $ 20.3 million . Net loss for the nine months ended September 30 , 2021 was $ 60.1 million , or diluted loss per share of $ 0.14 , compared to a net loss of $ 182.4 million , or diluted loss per share of $ 0.52 for the prior year period . Adjusted net income was $ 329.2 million , or adjusted diluted earnings per share of $ 0.77 , compared to 1