CHICAGO, Aug. 4, 2021 /PRNewswire/ — Donnelley Financial Solutions, Inc. (NYSE: DFIN), (the “Company” or “DFIN”) today reported financial results for the second quarter of 2021.
Second-quarter 2021
Second-quarter 2020
$ Change
% Change
Net Sales
$267.5 million
$254.0 million
$13.5 million
5.3%
Net Earnings (Loss)
$42.9 million
($1.3 million)
$44.2 million
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Adjusted EBITDA(1)
$79.9 million
$60.8 million
$19.1 million
31.4%
Operating Cash Flow
$30.6 million
$13.2 million
$17.4 million
131.8%
Free Cash Flow (1)(2)
$20.9 million
$4.4 million
$16.5 million
375.0%
(1)
Adjusted EBITDA and Free Cash Flow are non-GAAP financial measures that exclude the impact of certain items noted in the reconciliation tables below. The tables below provide reconciliations to the most comparable GAAP measures.
(2)
Defined as operating cash flow less capital expenditures.
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