Cannae Holdings, Inc. (CNNE) Misses Q1 EPS by 26c, Revenues Miss

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Go back to Cannae Holdings, Inc. (CNNE) Misses Q1 EPS by 26c, Revenues Miss

Cannae Reports First Quarter 2020 Results

May 7, 2020 6:25 AM EDT

LAS VEGAS--(BUSINESS WIRE)-- Cannae Holdings, Inc. (NYSE: CNNE) ("Cannae" or the "Company") today reported operating results for the three month period March 31, 2020.

During the first quarter of 2020, Cannae successfully executed its plan of monetizing legacy investments, making new investments, nurturing its core portfolio companies, and adding to the Companys liquidity for future investment.

Highlights

On January 30, 2020, Dun & Bradstreet (D&B) repriced its $2.53 billion term loan B facility reducing its interest rate by 100 basis points with a further 25 basis point reduction upon... More