Thu, May 8, 8:24 PM (3 days ago)
**Definitive Healthcare Corp. (DH) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $59.2M (down 7% YoY) - **Profit Margins:** Gross margin at 74%, down from 79% YoY - **Cash Flow:** Positive operating cash flow of $26.1M - **Earnings:** Net loss of $155.1M, including a $176.5M goodwill impairment charge **Key Metrics & Trends:** - **Customer Base:** 2,475 customers as of Q1 2025, down from 2,700 in Q1 2024 - **Net Dollar Retention Rate (NDR):** Not explicitly stated, but implied challenges in customer retention - **Remaining Performance Obligations:** $281.6M (down from $293.7M in Q4 2024) **Uncertainties & Future Operations:** - **Macroeconomic Conditions:** Challenges include elongated deal cycles, heightened customer churn, and macroeconomic headwinds - **Executive Transitions & Restructuring:** Ongoing executive changes and restructuring efforts impact sales execution and operational efficiency - **Debt & Liquidity:** $106.1M in cash and cash equivalents, $94.6M in short-term investments, and $49.7M available under revolving credit facility **Stock Information:** - **Ticker:** DH - **Shares Outstanding:** 109.6M Class A Common Stock as of Q1 2025 **Management's Outlook:** - **Revenue Growth:** Expected decline in 2025 due to macroeconomic challenges and sales execution issues - **Operational Focus:** Continued investment in product development, sales, and marketing to drive growth and innovation - **Liquidity:** Sufficient cash flow and credit facilities to meet liquidity needs for at least the next 12 months **Ticker:** DH **Note:** The goodwill impairment charge significantly impacted Q1 2025 results and does not reflect ongoing operational performance. Management continues to monitor market conditions and adjust strategies accordingly.