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Dun & Bradstreet Holdings, Inc. (NYSE: DNB) is a leading provider of business decisioning data and analytics, enabling companies to make informed choices and drive growth. With a history spanning nearly two centuries, the company offers a wealth of experience and a vast repository of data that Fortune 500 companies and businesses of all sizes rely on for actionable insights.
Operating across two primary segments, North America and International, Dun & Bradstreet provides comprehensive solutions in Finance & Risk and Sales & Marketing. In North America, they serve clients in the United States and Canada, while their international segment covers the U.K., Europe, Greater China, and India, along with partnerships through their Worldwide Network (WWN) alliances.
The core services include digital marketing, sales acceleration, and risk management. These offerings help businesses enhance customer engagement, boost sales effectiveness, and mitigate risks. Notably, the North American segment generates the majority of the company's revenue, underscoring its significant market presence in the region.
Recent achievements showcase Dun & Bradstreet's commitment to innovation and excellence. The company has continuously updated its data infrastructure to support sophisticated analytics and has formed strategic partnerships to broaden its service offerings. These efforts ensure that clients have access to the most accurate and relevant business data available.
For more detailed information and the latest updates, visit their official website at www.dnb.com.
Dun & Bradstreet (NYSE: DNB) reported Q3 2024 financial results with revenue of $609.1 million, up 3.5% year-over-year. Organic revenue increased 3.4% on a constant currency basis. GAAP net income was $3.2 million ($0.01 per share), compared to $4.4 million in Q3 2023. Adjusted EBITDA reached $247.4 million, up 5.1%, with a margin of 40.6%.
North America revenue grew 2.6% to $432.5 million, while International revenue increased 5.7% to $176.6 million. The company expects full-year revenues at the low end of $2,400-$2,440 million range, with organic growth at the low end of 4.1-5.1%.
Dun & Bradstreet (NYSE:DNB) has expanded its partnership with Databricks to provide its business data and analytics through the Databricks Marketplace. The collaboration leverages Databricks' Data Intelligence Platform to deliver near real-time updates on business records, risk information, and commercial opportunities. Organizations can access DNB's global datasets using Databricks' Delta Sharing technology, enabling improved decision-making across compliance, credit decisioning, ESG reporting, and supply chain modeling. The integration aims to enhance data delivery efficiency and AI capabilities while providing seamless and secure access to company and financial insights.
FedEx released its annual economic impact report for FY2024, demonstrating significant global economic contributions. The company delivered $85 billion in direct impact and $39 billion in indirect impact to the global economy, representing approximately 0.1% of world's total net economic output. With operations in over 220 countries, FedEx employs more than 500,000 people across 5,000+ facilities and handles an average of 16 million packages daily. In the US, FedEx contributed 6.7% to the Transportation and Warehousing sector and indirectly added $8.1 billion to net output. The company continued network optimization, expanded its EV fleet, and invested in facility improvements including new hubs in Dubai and Memphis.
Dun & Bradstreet (NYSE:DNB) has launched ChatD&B, a new Generative AI assistant that provides instant business insights using the company's comprehensive data and analytics. The tool features real-time data integration, explainable responses, auditability, and dynamic information retrieval. ChatD&B has been tested by over a thousand D&B team members and early adopters from various industries. The company is offering a 90-day free trial to North American API customers, expiring December 31, 2024.
Dun & Bradstreet Holdings, Inc. (NYSE:DNB), a leading global provider of business decisioning data and analytics, has announced a quarterly cash dividend of $0.05 per share. The dividend is scheduled to be paid on December 19, 2024, to shareholders of record as of December 5, 2024. This announcement comes from the company's Board of Directors, demonstrating their commitment to returning value to shareholders.
LSEG and Dun & Bradstreet (NYSE: DNB) have announced a multi-year strategic collaboration to expand access to private market information. This partnership combines LSEG's capital markets data with Dun & Bradstreet's trusted private market data, providing enhanced visibility on financial information, officers and directors, and ownership insights for millions of companies globally.
Key highlights of the collaboration include:
- Integration of Dun & Bradstreet's D-U-N-S® Number into LSEG Workspace
- Improved data discoverability and interoperability
- Enhanced access to private company financial data
- Development of a new private market data feed expected in 2025
This strategic relationship aims to drive better data-driven financial assessments and decisions for investment and capital market firms, addressing the growing demand for private company data in the capital markets sector.
Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, announced that Isabel Gomez Vidal, Chief Revenue Officer, and Elizabeth Barrette, Senior Vice President of Customer Solutions & Success, will deliver a keynote address at The CIO Institute's New York City Summit on October 15.
Their presentation, titled 'Garbage In, Garbage Out: Ensuring High-Quality Data for AI Success', will focus on actionable strategies for data preparation, curation, and governance to optimize AI outputs and drive desired business outcomes. The session will also showcase real-life examples of AI's impact when paired with high-quality data.
As a responsible AI leader, Dun & Bradstreet provides clean, AI-ready data essential for accurate and trusted outcomes in commercial AI initiatives across various sectors, including financial services.
Dun & Bradstreet's Q4 2024 Global Business Optimism Insights report reveals a 7% increase in business optimism quarter-over-quarter. Key findings include:
1. The Global Business Optimism Index rose by 7.3%, with 75% of businesses expressing confidence in sales and orders.
2. The Global Supply Chain Continuity Index improved by 6.8% due to nearshoring and alternative routes.
3. The Global Business Financial Confidence Index increased by 6.3% due to expected improved financial conditions.
4. The Global Business Investment Confidence Index improved by 3.6%.
5. The Global Business ESG Index increased by 6.1% due to regulatory requirements and investor awareness.
U.S. businesses recorded a 9% rise in optimism, while the U.K. and Spain saw increases of 13% and 9% respectively.
Dun & Bradstreet (NYSE:DNB) has announced its third quarter 2024 earnings release date and participation in upcoming investor conferences. The company will release Q3 2024 earnings before market opens on October 31, 2024, followed by a conference call at 8:30 a.m. Eastern Time. Investors can access the call via webcast or telephone.
Additionally, CFO Bryan Hipsher will participate in two investor conferences during Q4 2024:
- The J.P. Morgan Ultimate Services Investor Conference in New York City on November 14, 2024
- The RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference in New York City on November 20, 2024
Dun & Bradstreet (NYSE:DNB) has announced its Data & AI Summit 2024, scheduled for October 3 in Chicago and virtually worldwide. This free, one-day event aims to provide actionable strategies for developing AI-driven data insights to achieve business objectives. The summit features industry leaders, data experts, and AI innovators, including Dun & Bradstreet executives and customer speakers.
Key highlights include:
- A keynote on "Data and AI Challenges and Trends" by Gary Kotovets, Chief Data & Analytics Officer
- Sessions on adapting to a digital-first world, enhancing entity resolution with AI, and solving data quality challenges
- Hybrid format with an all-day livestream and an exclusive in-person Leadership Summit in Chicago
The event underscores Dun & Bradstreet's commitment to AI innovation and the importance of high-quality, consistent, and reliable data for AI-driven initiatives.
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