Cannae Holdings, Inc. (CNNE) Tops Q2 EPS by 34c, Revenues Miss

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Go back to Cannae Holdings, Inc. (CNNE) Tops Q2 EPS by 34c, Revenues Miss

Cannae Reports Second Quarter 2020 Results

August 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 and six-month periods ended June 30, 2020.

Cannae successfully identified and completed new investments during the second quarter of 2020 while monetizing legacy investments, nurturing its core portfolio companies and adding to the Companys liquidity for future opportunistic investments.

Highlights

During the second quarter Cannae sold a total of 3.7 million common shares of Ceridian HCM Holdings Inc. (Ceridian) and received gross proceeds of $238.3... More