Definitive Healthcare (NASDAQ:DH – Get Free Report) issued an update on its second quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.09 for the period, compared to the consensus earnings per share estimate of $0.09. The company issued revenue guidance of $63.7 million, compared to the consensus revenue estimate of $62.68 million. Definitive Healthcare also updated its FY24 guidance to $0.32-0.34 EPS.
Definitive Healthcare Trading Down 3.9 %
Shares of DH stock traded down $0.23 on Tuesday, hitting $5.74. The stock had a trading volume of 3,706,127 shares, compared to its average volume of 710,079. The firm has a market cap of $676.92 million, a P/E ratio of -3.28, a PEG ratio of 4.36 and a beta of 1.30. Definitive Healthcare has a twelve month low of $4.38 and a twelve month high of $11.97. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average price of $5.55 and a two-hundred day moving average price of $7.17.
Definitive Healthcare (NASDAQ:DH – Get Free Report) last announced its quarterly earnings data on Tuesday, May 7th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). The firm had revenue of $63.48 million during the quarter, compared to the consensus estimate of $64.00 million. Definitive Healthcare had a negative net margin of 78.16% and a positive return on equity of 0.51%. As a group, analysts forecast that Definitive Healthcare will post 0.1 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Stock Report on DH
About Definitive Healthcare
Definitive Healthcare Corp., together with its subsidiaries, provides software as a service (SaaS) healthcare commercial intelligence platform in the United States and internationally. Its SaaS platform provides information on healthcare providers and their activities to help its customers from product development to go-to-market planning, and sales and marketing execution.
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