Dun & Bradstreet Holdings, Inc. - DNB STOCK NEWS

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.

Dun & Bradstreet (NYSE:DNB) has announced a 10-year strategic partnership with Google Cloud to enhance business efficiency through technology and data collaboration. Both firms will co-innovate industry-specific solutions, starting with a focus on supply chain visibility and risk management. Dun & Bradstreet will become a key data provider for Google Cloud’s Supply Chain Twin solution, integrating its robust supplier data for improved visibility. This deal aims to leverage advanced analytics and business intelligence to address critical supply chain challenges.

Dun & Bradstreet (NYSE: DNB) reported its Q4 and full-year 2021 financial results, showcasing a 24.7% increase in GAAP Revenue to $598.3 million for Q4, and $2,165.6 million for the year, also a 24.5% increase. Adjusted net income for Q4 reached $141.9 million or $0.33 per share, a year-over-year growth from $114.7 million or $0.27 per share. The company anticipates adjusted revenues between $2,270 million and $2,315 million for 2022. Despite the growth, there was a reported net loss of $11.6 million in Q4.

Dun & Bradstreet (NYSE:DNB) has announced the rescheduling of its fourth quarter and full-year 2021 earnings release to occur before the market opens on February 16, 2022. A conference call will follow at 8:30 a.m. Eastern Time. Participants can join through Dun & Bradstreet’s Investor Relations website or via telephone. The earnings release and conference call will provide insights into the company's financial performance and outlook.

Dun & Bradstreet (NYSE:DNB) will release its fourth quarter and full year 2021 earnings on February 15, 2022, before market opening, followed by a conference call at 8:30 a.m. ET. Investors can join the call via the company's Investor Relations website or by phone. Chief Financial Officer Bryan Hipsher will also participate in investor conferences on March 17 and March 24, 2022.

Dun & Bradstreet is a leading provider of business decisioning data and analytics that aids companies worldwide in enhancing performance.

Dun & Bradstreet (NYSE:DNB) has launched D&B Receivables Intelligence, an AI-driven accounts receivable solution designed to automate finance processes. This solution integrates FIS GETPAID with Dun & Bradstreet's extensive commercial data, facilitating streamlined AR processes and enhancing customer payment experiences. It aims to help companies modernize their credit-to-cash processes and reduce operational risks. The solution will be available in North America starting January 20.

Dun & Bradstreet (NYSE: DNB) has successfully issued Incremental Term Loans totaling $460 million through its subsidiary, The Dun & Bradstreet Corporation. The funds will be used to redeem all outstanding 6.875% senior first lien notes due 2026 and cover associated costs. The loans will incur interest at a rate of SOFR plus 3.25% and are set to mature on January 18, 2029. This strategic financial maneuver aims to improve the company’s debt structure while maintaining strong backing from its subsidiaries.