Software once again was a standout performer in DFIN’s quarterly earnings results, released this week.
Against a backdrop of macroeconomic headwinds and market volatility, with IPO transactions at near record-lows and M&A activity far below historical levels, we achieved positive momentum in our software offerings, delivering year-over-year net sales growth of nearly 4% on an organic basis. Software solutions net sales represented 35.3% of total net sales, an increase of approximately 220 basis points from last year’s software sales mix.