---
schema_version: "secwatch.filing_event.v1"
accession: "0001704720-22-000014"
form_type: "8-K"
ticker: "CNNE"
cik: "0001704720"
company_name: "Cannae Holdings, Inc."
filed_at: "2022-02-17T23:59:59+00:00"
generated_at: "2026-06-27T07:05:55.798584+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cannae Q4 net loss $109.3M; sells Optimal Blue for $578M, buys back 2.1M shares

## Summary
- Q4 net loss of $109.3M ($1.24 diluted loss per share) vs. net income of $531.3M ($5.80 diluted EPS) a year ago.
- Sold Optimal Blue interest to Black Knight for $578M (2.0x return) on Feb 15, 2022; received $144.5M cash, $433.5M DNB stock.
- Repurchased 2.1M shares in Q4, 4.8M in 2021, 400K Jan 2022; 9.1M shares remain authorized.
- Monetized $160M+ long-term assets in Q4, $200M in Jan 2022 including 3M Ceridian shares for $299M.
- Book value per share $38.38 at Dec 31, 2021 vs $41.22 year ago; corporate cash $48.1M plus $500M undrawn credit.

## SEC filing metadata
- accession: 0001704720-22-000014
- form_type: 8-K
- ticker: CNNE
- cik: 0001704720
- company_name: Cannae Holdings, Inc.
- filed_at: 2022-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704720/000170472022000014/0001704720-22-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704720/000170472022000014/cnne-20220217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704720-22-000014
- JSON: https://secwatch.observer/filing/0001704720-22-000014.json
- Plain text: https://secwatch.observer/filing/0001704720-22-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.