Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET
Company Participants
Sean Anthony - Vice President, Corporate Financial Planning and Analysis
Anthony Jabbour - Chief Executive Officer
Bryan Hipsher - Chief Financial Officer
Conference Call Participants
Kyle Peterson - Needham
Andrew Steinerman - JPMorgan
Wahid Amin - Bank of America
Craig Huber - Huber Research Partners
Ashish Sabadra - RBC Capital Markets
George Tong - Goldman Sachs
Surinder Thind - Jefferies
Operator
Good morning, ladies and gentlemen, and welcome to the Dun & Bradstreet First Quarter 2024 Earnings Conference Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question-and-answer session [Operator Instructions] This call is being recorded on Thursday 2nd of May, 2024.
I would now like to turn the conference over to Mr. Sean Anthony, VP Corporate FP&A. Please go ahead sir.
Sean Anthony
Thank you. Good morning, everyone and thank you for joining us for Dun & Bradstreet's financial results conference call for the first quarter of 2024. On the call today we have Dun & Bradstreet's CEO, Anthony Jabbour; and CFO, Bryan Hipsher. Anthony will begin with an overview of our first quarter results, provide a few strategic updates on what's driving our growth outlook and then pass it to Bryan for an in-depth financial review. We will then finish up with Q&A and a few closing remarks.
Before we begin, allow me to provide a disclaimer regarding forward-looking statements. This call including the Q&A portion of the call may include forward-looking statements related to the expected future results for our company and are therefore forward-looking statements.
Our actual results may differ materially from our projections due to a number of risks and uncertainties. The risks and uncertainties that forward-looking statements are subject to are described in our earnings release and other SEC filings.
Today's remarks will also include references to non-GAAP financial measures. Additional information including the reconciliation between non-GAAP financial information to the GAAP financial information is provided in the press release and supplemental slide presentation. The conference call will be available for replay via webcast through Dun & Bradstreet's Investor Relations website at investor.dnb.com.
With that I'll now turn the call over to Anthony.
Anthony Jabbour
Thank you, Sean. Good morning, everyone and thank you for joining us for our first quarter earnings call. 2024 is off to a strong start. We delivered an accelerated organic revenue growth rate of 4.3%, 50 basis points of margin expansion and improved free cash flow conversion of 119%, up 22 percentage points versus the prior year quarter.