Dun & Bradstreet Holdings, Inc. - DNB STOCK NEWS

Dun & Bradstreet (NYSE:DNB) announced its third quarter 2022 earnings release scheduled for November 3, 2022, before market opening. The earnings conference call will take place at 8:30 a.m. Eastern Time. The company will also participate in investor conferences in New York City on November 16 and 17, 2022, featuring CFO Bryan Hipsher. These events highlight Dun & Bradstreet's ongoing commitment to transparency and shareholder engagement.

Dun & Bradstreet reported Q2 2022 GAAP and Adjusted Revenue of $537.3 million, up 3.1% and 6.3% year-over-year on a constant currency basis. Organic revenue rose 3.7% to $536.7 million. The company saw a net loss of $1.8 million, improving from a loss of $51.7 million in Q2 2021. Adjusted net income was $107.3 million, unchanged from the prior year. North American revenue grew 6.7% to $381.3 million, while international revenue fell 4.7% to $156 million. The company expects 2022 adjusted revenue growth of 2.5% to 4.5% due to foreign exchange headwinds.

Dun & Bradstreet Holdings has declared a quarterly cash dividend of $0.05 per share. This dividend will be payable on September 22, 2022, to shareholders on record as of September 1, 2022. The company is renowned as a global provider of business decisioning data and analytics, assisting businesses in managing risk and revealing opportunities since 1841. The payout reflects Dun & Bradstreet's ongoing commitment to returning value to its shareholders.

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) is set to release its second quarter 2022 earnings on August 4, 2022, before the market opens. A conference call will follow at 8:30 a.m. Eastern Time. Investors can join via the company's Investor Relations website. Additionally, CFO Bryan Hipsher will attend two investor conferences in August 2022: The Wells Fargo FinTech & Technology Services Forum on August 9 and The Needham Virtual FinTech & Digital Transformation Conference on August 18.

Scale Asia Ventures has launched a $30 million early-stage fund to support enterprise-focused startups, particularly those founded by expatriates with distributed teams. The fund aims to further provide up to $100 million in later-stage funding through its extensive Limited Partner network, which includes institutional funds and publicly traded corporations from the U.S., South Korea, Japan, and Singapore. The venture capital firm emphasizes its commitment to leveraging U.S. and Asian market expertise and global corporate partnerships to guide startups from inception to IPO.

Dun & Bradstreet Holdings, Inc. (DNB) reported its Q1 2022 financial results, with both GAAP and Adjusted Revenue totaling $536.0 million, a 6.2% increase year-over-year. Adjusted net income rose to $102.5 million or $0.24 per share. North America revenue was $367.3 million, reflecting an 8.2% increase, while International revenue decreased slightly to $168.7 million. The company has projected Adjusted Revenues between $2,270 million to $2,315 million for the full year.

Dun & Bradstreet (NYSE:DNB) announced its first quarter 2022 earnings release date for May 9, 2022, after market close. A conference call will follow at 5:00 p.m. Eastern Time. Interested parties can join via webcast on Dun & Bradstreet’s Investor Relations website.

Additionally, CFO Bryan Hipsher will participate in the Deutsche Bank Global Financial Services Conference on June 1, 2022, in New York City.

Dun & Bradstreet (NYSE:DNB) announced the divestiture of its business-to-consumer marketing solutions unit in Germany, generating under €6 million (approx. $7 million USD) in 2021. The company will exclude revenues from this division for organic growth reporting starting January 1, 2022, and expects no material impact on 2022 Adjusted EBITDA. The sale is anticipated to finalize in Q2 2022, subject to standard conditions.