Cannae reports Q1 portfolio gains: D&B rev. $540M, Alight rev. $831M; $259M cash

Cannae Holdings, Inc.

2023-Q1 EPS reported -$0.05 revenue$209,200,000

D&B Q1 revenue $540M, adj EBITDA $190M above consensus; Cannae holds 79M shares ($853M value).
Alight Q1 rev. $831M (+15% YoY), adj EBITDA $154M (+8.5%); cumulative BPaaS bookings $1.5B milestone.
Ceridian Q1 rev. $370.6M, adj EBITDA $105.4M (+84%); Cannae sold 1M shares for $78M (13x return).
System1 delayed 2022 annual report; Cannae expects no material impact, holds 27.1M shares ($86M).
Liquidity: $259M cash, $85M FNF borrowings, $250M margin loan full; funded $40M to BKFE.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Cannae Holdings, Inc. reported financial results for the first quarter ended March 31, 2023.

Period: the first quarter ended March 31, 2023
Result: reported results

Exact text from the filing

Cannae Holdings, Inc. (the "Company") issued a press release announcing its financial results for the first quarter of 2023.

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Cannae Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001704720-23-000047

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