Cannae Holdings, Inc. Announces First Quarter 2021 Financial Results

Rhea-AI Summary

Cannae Holdings, Inc. (NYSE:CNNE) announced its first quarter 2021 financial results, now available on its investor relations website.

A conference call is scheduled for today, May 10, 2021, at 5:00 PM ET to discuss these results, accessible by phone or via webcast. Cannae is managing a diverse portfolio including significant stakes in Dun & Bradstreet (17.7%), Ceridian (9.4%), and Paysafe (7.5%).

Positive

• Cannae holds approximately 17.7% interest in Dun & Bradstreet, valued after a successful IPO.
• Ownership stakes in profitable companies like Ceridian and Paysafe enhance Cannae's portfolio.

Negative

• None.

Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) has released its first quarter 2021 financial results by posting them to its website. Please visit the Cannae investor relations website at investor.cannaeholdings.com to view the first quarter 2021 financial results, which are included in its Letter to Shareholders.

Conference Call

As previously announced, Cannae will host a conference call, today, May 10, 2021 at 5:00pm (Eastern Time), to discuss its first quarter 2021 results. The conference call can be accessed by dialing 1-877-300-8521 (domestic) or 1-412-317-6026 (international) and asking for the Cannae Holdings First Quarter 2021 Earnings Call. A telephonic replay will be available approximately two hours after the call and can be accessed by dialing 1-844-512-2921, or for international callers 1-412-317-6671, and providing the access code 10155275. The telephonic replay will be available until 11:59 pm (Eastern Time) on May 17, 2021.

Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the investor relations section of the Company’s website at investor.cannaeholdings.com. The online replay will remain available for a limited time beginning immediately following the call.

About Cannae Holdings, Inc.

Cannae Holdings, Inc. (NYSE: CNNE) is engaged in actively managing and operating a group of companies and investments, as well as making additional majority and minority equity portfolio investments in businesses, in order to achieve superior financial performance and maximize the value of these assets. Cannae was founded and is led by investor William P. Foley, II. Foley is responsible for the creation and growth of over $140 Billion in publicly traded companies including Fidelity National Information Services (NYSE: FIS), Fidelity National Financial (NYSE: FNF), and Black Knight, Inc. (NYSE: BKI). Cannae’s current principal holdings include Dun & Bradstreet Holdings, Inc. (NYSE: DNB), which recently completed a successful business transformation and IPO. Cannae holds an approximate 17.7% interest in Dun & Bradstreet or ~76 Million shares. Cannae’s second principal holding is Ceridian (NYSE: CDAY), which Foley transformed from a legacy payroll bureau into a leading cloud-based provider of human capital management software. Cannae owns 9.4% of Ceridian representing approximately 14 Million shares. Cannae also holds approximately 54 Million shares, or approximately 7.5% of Paysafe (NYSE: PSFE), as well as 8.1 Million Paysafe warrants.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210510005891/en/

FAQ

What are Cannae Holdings' first quarter 2021 financial results?

Cannae's financial results for Q1 2021 are available in detail on their investor relations website.

When is the Cannae Holdings conference call for Q1 2021 results?

The conference call is scheduled for May 10, 2021, at 5:00 PM Eastern Time.

What companies does Cannae Holdings have significant investments in?

Cannae has significant investments in Dun & Bradstreet, Ceridian, and Paysafe.

How much of Dun & Bradstreet does Cannae Holdings own?

Cannae Holdings owns approximately 17.7% of Dun & Bradstreet.