Dun & Bradstreet generated GAAP net loss of $54.9M vs. net earnings of $57.4M a year ago; Q3 adjusted EBITDA of $194M rose 53% Y/Y; and GAAP revenue of $408.2M fell 1.5% Y/Y; current quarter revenue includes a reduction of revenue recognized due to deferred revenue purchase accounting adjustments associated with D&B's privatization in February 2019.
4 replies (most recent on top)
"successfully executed cost actions on $192 million of annualized savings through September 30th, 2019 as part of D&B's $200 million cost reduction plan...I am confident that we will surpass our cost savings goals"
Do you think they will lay off more people?
Full transcript: https://www.fool.com/earnings/call-transcripts/2019/11/12/cannae-holdings-inc-cnne-q3-2019-earnings-call-tra.aspx