Core Insights - Definitive Healthcare Corp. reported first quarter results exceeding guidance for both revenue and earnings, driven by strong new customer acquisition and operational efficiency [3][4][6] - The company anticipates revenue for the second quarter of 2025 to be between 60.0 million, with adjusted operating income expected to be between 13.0 million [7][8] - For the full year 2025, revenue is projected to be in the range of 240.0 million, with adjusted net income expected to be between 34.0 million [13] Financial Performance - Revenue for Q1 2025 was 63.5 million in Q1 2024 [6] - The net loss for the quarter was (12.7) million or (20)% of revenue in Q1 2024 [6] - Adjusted net income was 13.0 million in Q1 2024, while adjusted EBITDA was 20.0 million, or 32% of revenue in Q1 2024 [6][31] Customer Acquisition and Business Development - The company secured several new customer wins in Q1 2025, including a California-based medical device company and a regional health system in the Southern US, highlighting the effectiveness of its data and insights [7] - Definitive Healthcare is expanding its focus on digital marketing activation partnerships, having signed two leading healthcare advertising agencies [7] Cash Flow and Operational Efficiency - Cash flow from operations was 22.9 million [6] - The company continues to focus on operational efficiency despite rising macroeconomic uncertainty, maintaining a positive outlook for meeting full-year financial targets [3][4]
Definitive Healthcare Reports Financial Results for First Quarter Fiscal Year 2025