Cannae Holdings, Inc. (CNNE) Misses Q2 EPS by 20c, Revenues Miss
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Cannae Reports Second Quarter 2018 Results With $1.08 Billion Book Value of Portfolio Company Investments, or $15.03 Per Share
August 13, 2018 6:25 AM EDTLAS VEGAS--(BUSINESS WIRE)-- Cannae Holdings, Inc. (NYSE: CNNE) ("Cannae" or the "Company") today reported operating results for the three and six-month periods ended June 30, 2018.
Highlights
On April 30, 2018, Ceridian HCM Holding Inc. (NYSE: CDAY) announced the closing of its initial public offering of 24,150,000 shares of common stock (which included the over-allotment option) priced at $22.00 per share Following the closing of the Ceridian IPO, Cannae owned 37,135,921 shares representing a 27% stake in Ceridian Based upon the... More