Revenue: As of FY2025 Q2, the actual value is USD 218.1 M, missing the estimate of USD 225.53 M.EPS: As of FY2025 Q2, the actual value is USD 1.28, beating the estimate of USD 1.26.EBIT: As of FY2025 Q2, the actual value is USD 48.7 M.<h3>Segment Revenue</h3><ul><li>Software Solutions: Net sales of $92.2 million, a 7.7% increase from the second quarter of 2024, accounting for 42.3% of total net sales.</li><li>Tech-enabled Services: Net sales of $85.2 million, a decrease from $102.2 million in the second quarter of 2024.</li><li>Print and Distribution: Net sales of $40.7 million, down from $54.9 million in the second quarter of 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Earnings: $36.1 million, or $1.28 per diluted share, compared to $44.1 million, or $1.47 per diluted share, in the second quarter of 2024.</li><li>Adjusted EBITDA: $76.3 million, a decrease of $10.9 million from the second quarter of 2024, with an Adjusted EBITDA margin of 35.0%.</li><li>Gross Margin: 57.0%, down from 58.7% in the second quarter of 2024.</li><li>Operating Margin: 24.2%, compared to 26.6% in the second quarter of 2024.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Increased by $12.2 million from the second quarter of 2024.</li><li>Free Cash Flow: Increased by $14.9 million from the second quarter of 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Gross Leverage: 0.9x and net leverage of 0.7x as of June 30, 2025.</li><li>Share Repurchase: 787,152 shares repurchased for approximately $34.3 million at an average price of $43.56 per share.</li></ul><h3>Outlook / Guidance</h3><ul><li>Third-Quarter Guidance: Total net sales expected to be between $165 million and $175 million, with an Adjusted EBITDA margin of 23% to 25%.</li><li>Capital Markets Transactional Net Sales: Expected to be between $35 million and $40 million.</li></ul>

Donnelley Financial Solution | 8-K: FY2025 Q2 Revenue Misses Estimate at USD 218.1 M