Strong Software Solutions Growth
Donnelley Financial Solutions reported a year-over-year net sales growth of 10.3% in its Software Solutions segment, with software solutions sales representing approximately 52% of total sales in the quarter.
ActiveDisclosure Performance
ActiveDisclosure delivered third quarter net sales growth of approximately 26%, marking the third consecutive quarter of double-digit sales growth.
Adjusted EBITDA Increase
The company reported a year-over-year increase in adjusted EBITDA by 14.6%, reaching $49.5 million with an adjusted EBITDA margin of 28.2%, an increase of approximately 410 basis points from the prior year.
Launch of New Venue and ArcFlex
Donnelley Financial Solutions launched a redesigned version of its Venue Virtual Data Room and introduced ArcFlex, a new module within Arc Suite, enhancing its product portfolio.