Dun & Bradstreet Holdings, Inc. - DNB STOCK NEWS

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) will host an Investor Day on February 22, 2023, at the New York Stock Exchange. The event, starting at 9:00 a.m. Eastern Time, will feature presentations from CEO Anthony Jabbour and the senior leadership team. In-person attendance is limited and by invitation only, but a live webcast and presentation materials will be available on their investor portal. Dun & Bradstreet provides essential business decisioning data and analytics, empowering companies to enhance performance by leveraging their Data Cloud to accelerate revenue and mitigate risks.

Dun & Bradstreet Holdings, Inc. (DNB) reported its Q3 2022 financial results, with GAAP Revenue and Adjusted Revenue of $556.3 million, reflecting a 2.7% increase year-over-year. Organic revenue grew by 3.9%. However, GAAP net income decreased to $8.0 million ($0.02 per share), down from $16.6 million ($0.04 per share) a year earlier. Adjusted net income remained stable at $123.4 million with Adjusted EBITDA at $223.0 million, a 1.2% increase. The company maintains a robust outlook, projecting adjusted revenues between $2,215 million to $2,235 million for the fiscal year.

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) announced a quarterly cash dividend of $0.05 per share, payable December 15, 2022, to shareholders of record by December 1, 2022. This dividend reflects the company’s ongoing commitment to returning value to its shareholders. As a prominent provider of business decisioning data, Dun & Bradstreet aids organizations in enhancing performance and minimizing risks.

FedEx Corp. (NYSE: FDX) released its 2022 economic impact report, revealing its role in supporting global economies post-pandemic. The company engaged with 360,000 suppliers, creating 16.5 million jobs and generating a combined annual revenue of $700 billion. FedEx invested $6.8 billion in improvements, correlating with economic growth. In the U.S., it contributed to 12% of the transportation sector's output, supporting $8.5 billion in indirect economic growth. Additionally, FedEx donated over $86 million to charities in FY 2022.

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.