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DFIN Reports Fourth Quarter 2020 Results



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CHICAGO, Feb. 25, 2021 /PRNewswire/ — Donnelley Financial Solutions, Inc. (NYSE: DFIN), (the “Company”) today reported financial results for the fourth quarter and full year 2020.










Fourth-quarter 2020








Full-year 2020








Net Sales




$210.3 million




$894.5 million






Net Loss (1)




($35.8) million




($25.9) million






Non-GAAP Adjusted EBITDA(2)




$34.9 million




$173.4 million






Operating Cash Flow




$101.7 million




$154.2 million






Free Cash Flow (2)(3)




$95.1 million




$123.1 million






(1)




Fourth-quarter and full-year 2020 includes a $40.6 million non-cash goodwill impairment charge in the Investment Companies – Compliance and Communications Management segment.






(2)




Non-GAAP Adjusted EBITDA (“Adjusted EBITDA”) and Free Cash Flow are non-GAAP measures that exclude the impact of certain items noted in the reconciliation tables below. The tables below provide reconciliations to the most …

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