Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2020 Financial Results

Rhea-AI Summary

Cannae Holdings, Inc. (NYSE:CNNE) has released its financial results for the fourth quarter and full year 2020. Investors can view the detailed results on the Cannae investor relations website. A conference call scheduled for February 22, 2021, at 5:00 PM (ET) will discuss these results, accessible via a domestic and international dial-in number. Cannae Holdings, actively managed by William P. Foley II, holds significant stakes in Dun & Bradstreet (18%) and Ceridian (9.5%), continuing to focus on maximizing asset value in its portfolio.

Positive

• Cannae holds an 18% interest in Dun & Bradstreet, approximately 76 million shares.
• Cannae owns 9.5% of Ceridian, representing around 14 million shares.

Negative

• None.

Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) has released its fourth quarter and full year 2020 financial results by posting them to its website. Please visit the Cannae investor relations website at investor.cannaeholdings.com to view the fourth quarter and full year 2020 financial results, which are included in its Letter to Shareholders.

Conference Call

As previously announced, Cannae will host a conference call, today, February 22, 2021 at 5:00pm (Eastern Time), to discuss its fourth quarter and full year 2020 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 Fourth Quarter and Full Year 2020 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 10151933. The telephonic replay will be available until 11:59 pm (Eastern Time) on March 1, 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 (“FIS”), Fidelity National Financial (“FNF”), and Black Knight, Inc. (“BKI”). Cannae’s current principal holdings include Dun & Bradstreet Holdings, Inc. (“DNB”), which recently completed a successful business transformation and IPO. Cannae holds an approximately 18% interest in Dun & Bradstreet or ~76 Million shares. Cannae’s second principal holding is Ceridian (“CDAY”), which Foley transformed from a legacy payroll bureau into a leading cloud-based provider of human capital management software. Cannae owns 9.5% of Ceridian representing approximately 14 Million shares.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210222005714/en/

FAQ

What were Cannae Holdings' fourth quarter and full year 2020 financial results?

Cannae's financial results for Q4 and full year 2020 are available on their investor relations website.

When is the Cannae Holdings conference call to discuss financial results?

The conference call is scheduled for February 22, 2021, at 5:00 PM (ET).

How can I access the Cannae Holdings conference call?

Access the call by dialing 1-877-300-8521 domestically or 1-412-317-6026 internationally.

What is the significance of Cannae's holdings in Dun & Bradstreet?

Cannae holds an 18% interest in Dun & Bradstreet, which completed a successful business transformation and IPO.

What is the significance of Cannae's stake in Ceridian?

Cannae's 9.5% stake in Ceridian represents a major investment in the cloud-based human capital management sector.