Cannae Hlds

Cannae Holdings, Inc. engages in the management and operation of a group of companies and investments. It operates through the following segments: Dun & Bradstreet, Optimal Blue, Restaurant Group, and Corporate and Other. The Dun & Bradstreet segment offers business decision data and analytics. The Optimal Blue segment is involved in secondary market solutions and actionable data services. The Restaurant Group segment consists of the operations of O'Charley's, 99 Restaurants, Legendary Baking Holdings I LLC, and VIBSQ Holdco LLC. The Corporate and Other segment covers the share in the operations of certain controlled portfolio companies and other equity investments. The company was founded on April 21, 2017 and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q2 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cannae Holdings excels in Q4 2022 with strategic investments and buybacks

Cannae Holdings' Q4 2022 earnings call highlighted robust performance, strategic investments, and proactive financial management under CEO Richard Massey.
The company's focus on shareholder value through buybacks and acquisitions, coupled with diversified investments, showcases a promising outlook for future growth.
While challenges in maximizing buyback authorizations and addressing investor inquiries exist, Cannae Holdings has opportunities to strengthen its position and drive value creation.

Cannae Holdings Inc. emphasizes portfolio value and strategic management

Cannae Holdings Inc. Q1 2023 earnings call highlighted undervaluation of portfolio companies, strategic commercial strategies, and focus on prudent portfolio management. Analysts raised questions on stock buybacks, potential sales, and profitability.

Cannae Holdings excels in Q2 with strategic buybacks and growth potential

Cannae Holdings Inc. demonstrated strong financial performance and strategic focus on enhancing shareholder value through share repurchases.
While facing challenges such as slower progress at Sightline and SEC classification issues, the company remains poised to capitalize on growth opportunities.
By leveraging undervalued portfolio assets and maintaining a proactive approach to capital allocation, Cannae is positioned for sustained success.

Cannae Holdings Inc. excels in Q3 with robust buybacks and growth opportunities

Cannae Holdings Inc. delivered a strong performance in Q3 2023, driven by a successful stock buyback strategy and positive portfolio company performance. While facing challenges in certain investments, the company is poised for growth with opportunities to enhance shareholder value through accelerated buybacks and strategic operational improvements.

Cannae Holdings announces $200M stock repurchase plan, eyes strategic partnerships

Cannae's Q4 2023 earnings call highlighted a strong performance, strategic investments, and a focus on delivering value to shareholders. The company's financial health, diverse investment strategies, and optimistic outlook for future opportunities position it well for growth.

Cannae Holdings reports strong Q1 performance, focuses on value growth

Cannae Holdings Inc. delivered a robust performance in Q1 2024, focusing on enhancing shareholder value and operational efficiency.
The company's strategic moves to streamline operations, optimize investments, and manage its portfolio demonstrate a commitment to long-term growth.
While facing challenges in dividend sustainability and funding strategies, Cannae remains poised to capitalize on opportunities for further growth and value creation.

Cannae Holdings reports robust Q3 performance and strategic growth plans

Cannae Holdings' Q3 earnings call highlighted strong performance, successful acquisitions, and a commitment to shareholder value creation.
While facing challenges like liquidity concerns at Sightline, the company's solid balance sheet and strategic focus position it for long-term success.
Opportunities for growth through new investments and portfolio optimization underscore Cannae's dedication to maximizing shareholder returns and portfolio value.

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Cannae Holdings, Inc. engages in the management and operation of a group of companies and investments. It operates through the following segments: Dun & Bradstreet, Alight, Restaurant Group, Black Knight Football and Entertainment and Corporate and Other. The Dun & Bradstreet segment offers business decision data and analytics. The Alight segment provides services including total employee wellbeing, integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, retiree healthcare and payroll. The Restaurant Group segment consists of the operations of O'Charley's, 99 Restaurants, Legendary Baking Holdings I LLC, and VIBSQ Holdco LLC. The Corporate and Other segment covers the share in the operations of certain controlled portfolio companies and other equity investments. The company was founded on April 21, 2017 and is headquartered in Las Vegas, NV.

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that it has sold its 20% interest in Optimal Blue Holdco, LLC (Optimal Blue) to Black Knight, Inc. (NYSE:BKI) for total consideration of $578 million. William P. Foley II, Chairman of Cannae, commented, “Optimal Blue has been a terrific operation and outperformer from day one of our investment, culminating in a 2x return on our $289 million investment made less than 18 months ago.” The con

Cannae Holdings, Inc. Announces Sale of Its Interest in Optimal Blue to Black Knight, Inc.

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company will release its fourth quarter and full year 2021 financial results after the market close on Thursday, February 17, 2022. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-877-407-0789 (domestic) or 1-201-689-8562 (international) and asking for the Cann

Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2021 Earnings Release Date and Conference Call

Trebia Acquisition Corp

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced the completion of the business combination (the “Business Combination”) between System1 (together with Protected.net Group, “System1”) and Trebia Acquisition Corp. (“TREB” or “Trebia”) (NYSE: TREB), a special purpose acquisition company formed by entities affiliated with William P. Foley II and Frank Martire Jr. The Business Combination was approved by a majority of Trebia stockholders at

Cannae Holdings, Inc. Announces Closing of Business Combination between Trebia Acquisition Corp. and System1

Paysafe

Specialized payments platform Paysafe (NYSE: PSFE) announced that Cannae Holdings, Inc (NYSE: CNNE), through its subsidiary, has purchased ~5.7 million shares of Paysafe worth $22.2 million.  As of December 31, 2021, Cannae owned 59.8 million shares, representing ~8.26% of Paysafe's outstanding shares.

Cannae Raises Stake In Paysafe By $22.2M Via OMO

LONDON--(BUSINESS WIRE)--Paysafe Limited (NYSE: PSFE), a leading specialized payments platform, today announced that Cannae Holdings, Inc. (“Cannae”) (NYSE: CNNE), through its subsidiary, has purchased approximately 5.7 million shares of Paysafe's common stock through a series of open market transactions in late December 2021 in accordance with the Company's securities trading policy and applicable securities laws. As of December 31, 2021, Cannae owned 59,758,641 common shares, which represents

Paysafe Principal Shareholder Cannae Holdings Purchased $22.2 Million in Paysafe Common Shares

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that the Company is actively repurchasing common stock in accordance with its previously authorized stock repurchase programs. William P. Foley, II, Chairman of Cannae, commented, “We have remaining authority to acquire approximately 11.6 million shares pursuant to our previously authorized programs granted by our Board of Directors. In addition, while we intend to continue to allocate capi

Cannae Holdings, Inc. Announces Reinstatement of Share Repurchases

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company will host its Portfolio Conference on Wednesday, December 8, 2021 and Thursday, December 9, 2021 at the Wynn and Encore Las Vegas in Las Vegas, Nevada. The conference agenda is available on the Company's investor relations website at https://investor.cannaeholdings.com/ and includes details for the presentations being held each day and which are also outlined below: Decemb

Cannae Holdings, Inc. Announces Portfolio Conference on December 8-9, 2021

Austerlitz Acquisition Corporation I

DraftKings

MGM Resorts

Wynn Resorts

This company will be going head-to-head with much larger players.

Why 1 Investor Is Watching This Gambling SPAC Very Closely

Cannae Holdings, Inc. (CNNE) CEO Rick Massey on Q3 2021 Earnings Call Transcript

Cannae Holdings, Inc. (CNNE) delivered earnings and revenue surprises of -700.00% and -4.47%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Cannae Holdings, Inc. (CNNE) Reports Q3 Loss, Misses Revenue Estimates

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has released its third quarter 2021 financial results by posting them to its website. Please visit the Cannae investor relations website at investor.cannaeholdings.com to view the third quarter 2021 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, November 9, 2021 at 5:00pm (Eastern Time), to discuss it

Cannae Holdings, Inc. Announces Third Quarter 2021 Financial Results

Cannae Holdings, Inc. (CNNE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Cannae Holdings, Inc. (CNNE) Q3 Earnings Expected to Decline

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company will release its third quarter 2021 financial results after the market close on Tuesday, November 9, 2021. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-877-407-0789 (domestic) or 1-201-689-8562 (international) and asking for the Cannae Holdings Third

Cannae Holdings, Inc. Announces Third Quarter 2021 Earnings Release Date and Conference Call

Cannae Holdings (CNNE) has been struggling lately, but the selling pressure may be coming to an end soon.

Cannae Holdings (CNNE) Sees Hammer Chart Pattern: Time to Buy?

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Ben Graham bought stocks below book value for a margin of safety. It's tough to do.

10 Value Stocks to Buy Priced at Less Than Their Book Value

Cannae Holdings is a holdings company founded and led by Bill Foley, a billionaire and West Point graduate with a long history of creating value for shareholders. CNNE is currently heavily invested in SPACs and post-SPAC companies. This has created a large discount between the market price and a "sum of the parts" valuation of the underlying.

Cannae Holdings: SPAC Bloodbath Provides A Good Entry Point

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that the Company has led a $270 million funding round in Sightline Payments (“Sightline”) having invested $240 million. This investment follows Cannae's $32 million investment earlier in 2021 and values Sightline at more than $1 billion, post-money. Gaming is one of America's last cash-centric businesses, with hundreds of billions of dollars running through casinos annually. Sightline Payme

Cannae Holdings, Inc. Leads $270 Million Funding Round in Sightline Payments

LAS VEGAS, Aug. 17, 2021 /PRNewswire/ -- Sightline Payments today announced the completion of a $244 million round valuing the company at over $1 billion. With this capital raise, Sightline becomes Nevada's first fintech unicorn—one of roughly 700 startups worldwide to ever earn a $1 billion+ valuation as a private company.

Sightline Payments Announces $1 Billion+ Valuation

Cannae Holdings, Inc. (CNNE) CEO Rick Massey on Q2 2021 Results - Earnings Call Transcript

Cannae Holdings, Inc. (CNNE) delivered earnings and revenue surprises of 1121.05% and 15.39%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Cannae Holdings, Inc. (CNNE) Surpasses Q2 Earnings and Revenue Estimates

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) has released its second quarter 2021 financial results by posting them to its website. Please visit the Cannae investor relations website at investor.cannaeholdings.com to view the second quarter 2021 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, August 5, 2021 at 5:00pm (Eastern Time), to discuss its

Cannae Holdings, Inc. Announces Second Quarter 2021 Financial Results

Earnings Preview: Cannae Holdings, Inc. (CNNE) Q2 Earnings Expected to Decline

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that the Company will release its second quarter 2021 financial results after the market close on Thursday, August 5, 2021. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-877-344-8082 (domestic) or 1-213-992-4618 (international) and asking for the Cannae Holdings Second

Cannae Holdings, Inc. Announces Second Quarter 2021 Earnings Release Date and Conference Call

For much of the time since its 2017 arrival on the public markets, CNNE stock has been a play on both management and 'sum of the parts' valuation.

Cannae Holdings: The SOTP Case Comes Back Around

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that the Company, in conjunction with the announced Trebia Acquisition Corp. (NYSE: TREB, TREB WS) (“Trebia”) and System1 (“System1”) business combination, has terminated its previously announced $75 million forward purchase agreement and agreed to an equity backstop commitment of up to $200 million in the combined company with 50% of this commitment being applied against the first $200 mil

Cannae Holdings, Inc. Announces Termination of Previously Announced $75 Million Forward Purchase Agreement and New Equity Backstop Commitment of Up to $200 Million in Trebia Acquisition Corp. and System1 Business Combination

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