Dun & Bradstreet Holdings, Inc. - DNB STOCK NEWS

Dun & Bradstreet (DNB) reported strong second-quarter results for 2021, with GAAP Revenue of $520.9 million, up 24.4% YoY. Adjusted Revenue for the same period matched GAAP figures. Notably, net loss narrowed to $51.7 million from $208 million YoY, with adjusted net income rising to $108 million. Adjusted EBITDA increased 12.6% to $198.3 million. The company reiterated its full-year guidance, expecting adjusted revenues between $2,145 million and $2,175 million. Growth driven by international markets, with 12.5% organic growth reported.

Dun & Bradstreet (NYSE: DNB) has appointed Ellen R. Alemany to its Board of Directors, effective immediately, increasing the board to ten members. Alemany, who is currently Chairwoman and CEO of CIT Group, brings extensive leadership experience and a strong focus on business success. Her appointment is expected to provide valuable insights as the company seeks to unlock growth opportunities. Alemany's prior roles include leadership positions at RBS Citizens Financial Group and Citibank. She is recognized for her significant impact in the financial industry.

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) will release its second quarter 2021 earnings on August 3, 2021, before the market opens. A conference call to discuss the results will take place at 8:30 a.m. Eastern Time that same day. Participants can join the call via the Dun & Bradstreet Investor Relations website or by telephone. The conference call replay will be available through the website and by phone from August 3 to August 17, 2021.

Dun & Bradstreet (NYSE: DNB) has acquired Town Center II as its new global headquarters in Jacksonville, Florida. This Energy Star certified building, completed in 2019, spans 218,700 square feet and is part of a 14.38-acre lot aimed at supporting the company’s growth and sustainability initiatives. CEO Anthony Jabbour emphasized the significance of this location for community engagement and local workforce development, with a commitment to creating 500 new jobs in Jacksonville by summer. The building aligns with modern energy efficiency standards, reflecting the company’s dedication to innovation.

Dun & Bradstreet (NYSE:DNB) and Zeta Global (NYSE:ZETA) have formed a strategic alliance to create a unified private data cloud integrating consumer and business data. This collaboration aims to establish a new business-to-person (B2P) marketing sector, effectively combining Zeta's B2C data with D&B's B2B data. The partnership is expected to enhance marketing strategies for both companies, enabling them to deliver more personalized marketing campaigns to decision-makers. The alliance includes offering SMBs advanced marketing capabilities traditionally reserved for larger enterprises.

Dun & Bradstreet (NYSE:DNB) has announced the appointment of Virginia Gomez as Chief Product Officer and Michael Manos as Chief Technology Officer. Gomez, previously at TransUnion, will lead global product strategies to enhance client offerings, while Manos, coming from Fiserv, aims to modernize technology and improve service delivery. The company is also expanding its workforce with 500 new jobs at its new headquarters in Jacksonville, Florida, set to open in Fall 2021. These leadership changes are seen as pivotal for driving innovation and growth.

Dun & Bradstreet (NYSE: DNB) reported Q1 2021 unaudited financial results, highlighting a GAAP revenue of $504.5 million, a 27.5% increase from Q1 2020. Adjusted Revenue reached $509.1 million, up 28.6%. However, a net loss of $25.0 million marked a decline from a net income of $41.9 million a year prior. North America revenue decreased 0.6% to $339.4 million, while International revenue surged by 137.3% to $169.9 million. The company maintained its full-year guidance, expecting adjusted revenues between $2,145 million and $2,175 million.

Dun & Bradstreet (NYSE:DNB) has launched D&B Rev.Up, a versatile platform designed to enhance buyer experiences for target accounts by integrating both first- and third-party data. This tool aims to align marketing and sales teams, facilitating seamless workflows and driving revenue generation. Recent studies show companies with aligned revenue strategies grow 19% faster and are 15% more profitable. The platform's flexibility is enhanced through integrations with existing tech stacks and new partnerships with Bombora and Folloze, enriching its capability for personalized marketing.