PHILADELPHIA, May 15, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of Dun & Bradstreet Holdings, Inc. (NYSE: DNB) (“DNB”) shareholders. Click here for additional information: https://kaskelalaw.com/case/dun-bradstreet/ On March 24, 2025, DNB announced that it had agreed to be acquired by private equity firm Clearlake Capital Group, L.P. at a price of $9.15 per share in cash. Following the closing of the proposed transactio ...

First Quarter 2025 Financial Results May 1, 2025 Commercial in Confidence Disclaimer This presentation contains statements that are not purely historical but are forward-looking statements, including statements regarding expectations, hopes, intentions or strategies regarding the future. Forward-looking statements are based on Dun & Bradstreet's management's beliefs, as well as assumptions made by, and information currently available to, them. Forward-looking statements can be identified by words such as "a ...

Core Insights - Dun & Bradstreet reported revenue of $579.8 million for Q1 2025, a year-over-year increase of 2.7%, with an EPS of $0.21 compared to $0.20 a year ago, slightly missing the revenue estimate by 0.02% but exceeding EPS expectations by 5% [1][2]. Revenue Breakdown - North America revenue was $398 million, exceeding the average estimate of $397.23 million, reflecting a year-over-year increase of 3% [4]. - International revenue reached $181.80 million, slightly below the average estimate of $183.19 million, with a year-over-year change of 2.2% [4]. - Sales & Marketing revenue internationally was $59 million, surpassing the average estimate of $57.94 million, marking a 1.9% year-over-year increase [4]. - North America Sales & Marketing revenue was $181.40 million, below the average estimate of $182.89 million, with a year-over-year change of 1.6% [4]. - International Finance & Risk revenue was $122.80 million, compared to the average estimate of $125.25 million, showing a year-over-year increase of 2.3% [4]. - North America Finance & Risk revenue was $216.60 million, exceeding the average estimate of $214.33 million, with a year-over-year increase of 4.1% [4]. - Total Sales & Marketing revenue was $240.40 million, slightly below the average estimate of $241.55 million, reflecting a year-over-year change of 1.7% [4]. - Total Finance & Risk revenue was $339.40 million, exceeding the average estimate of $338.39 million, with a year-over-year increase of 3.4% [4]. Stock Performance - Dun & Bradstreet's shares returned -0.2% over the past month, outperforming the Zacks S&P 500 composite's -0.7% change, and currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3].

Company Performance - Dun & Bradstreet reported quarterly earnings of $0.21 per share, exceeding the Zacks Consensus Estimate of $0.20 per share, and showing a year-over-year increase from $0.20 per share [1] - The company posted revenues of $579.8 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.02%, but up from $564.5 million a year ago [2] - Over the last four quarters, Dun & Bradstreet has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Movement and Outlook - Dun & Bradstreet shares have declined approximately 28% since the beginning of the year, compared to a decline of 5.3% for the S&P 500 [3] - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call [3] - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $595.09 million, and for the current fiscal year, it is $1.04 on revenues of $2.46 billion [7] Industry Context - The Business - Information Services industry, to which Dun & Bradstreet belongs, is currently ranked in the top 30% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The current estimate revisions trend for Dun & Bradstreet is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]

Acquisition - The company entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. for approximately $7.7 billion, with an equity value of $4.1 billion, expected to close in Q3 2025[146][147]. Client Base and Revenue Sources - As of December 31, 2024, the company had a global client base of approximately 215,000, serving various industries including financial services, technology, and government[143]. - The company generated approximately 30% of its revenues from non-U.S. markets, making it susceptible to fluctuations in foreign currency exchange rates[153]. - The company’s revenue is primarily generated through subscription-based contracts, providing data and analytics services to clients[157]. Financial Performance - Total revenue for Q1 2025 was $579.8 million, an increase of $15.3 million or 2.7% compared to $564.5 million in Q1 2024[177]. - Adjusted EBITDA for Q1 2025 was $210.9 million, up from $201.3 million in Q1 2024, reflecting a margin of 36.4% compared to 35.7%[175]. - Adjusted net income for Q1 2025 was $90.9 million, compared to $85.0 million in Q1 2024, resulting in adjusted net earnings per diluted share of $0.21 versus $0.20[175]. - Operating income for Q1 2025 was $35.3 million, an increase from $16.6 million in Q1 2024[174]. - Net income attributable to Dun & Bradstreet Holdings, Inc. for Q1 2025 was a loss of $15.8 million, improving from a loss of $23.2 million in Q1 2024[176]. - The company reported a net income margin of (2.7)% for Q1 2025, compared to (4.1)% in Q1 2024[174]. - The increase in total revenue was attributed to growth in the underlying business and positive foreign exchange impacts, with a 3.6% increase before the effect of foreign exchange[177]. Cost Management and Expenses - Interest expense for Q1 2025 was $52.9 million, significantly reduced from $85.3 million in Q1 2024[174]. - Restructuring charges for Q1 2025 were $2.9 million, down from $3.4 million in Q1 2024[174]. - Interest expense decreased by $32.4 million to $52.9 million, primarily due to the write-off of debt issuance costs in the prior year[197]. Regional Performance - North America revenue increased by $11.4 million, or 2.9%, with Finance & Risk segment growing by $8.5 million (4.1%) and Sales & Marketing by $2.9 million (1.6%) compared to the prior year[179][180][181]. - International revenue increased by $3.9 million, or 2.2%, with Finance & Risk segment growing by $2.8 million (2.3%) and Sales & Marketing by $1.1 million (1.9%) compared to the prior year[182][183][184]. Cash Flow and Liquidity - Cash and cash equivalents as of March 31, 2025, totaled $241.3 million, with $207.4 million held by foreign operations, including $74.9 million from China and India subsidiaries[207]. - Net cash provided by operating activities decreased by $22.0 million to $136.9 million for the three months ended March 31, 2025, primarily due to higher income tax payments[209][210]. - The company reported a decrease in net cash used in financing activities by $31.1 million, primarily due to lower term loan repayments and higher net proceeds from borrowings on the Revolving Facility[213]. Debt and Taxation - Total debt as of March 31, 2025, was $3,547.6 million, with $3,516.6 million classified as long-term debt[215]. - The effective tax rate for the three months ended March 31, 2025, was (2.7)%, compared to 66.0% for the same period in 2024, mainly due to an uncertain tax position benefit from an audit settlement[200]. Future Outlook and Risks - Future capital requirements will depend on various unpredictable factors, including potential acquisitions and market conditions, with the company actively managing interest rate risks through swaps[206][218]. - The company expects operating cash requirements in 2025 to be primarily related to interest payments, contractual obligations, and tax liabilities, with a potential $31 million impact from a 100 basis point change in interest rates[211]. - The company is exposed to risks from geopolitical conflicts, including the ongoing Russian-Ukraine war, which may impact global economic growth and client spending[154][155]. Operational Efficiency - The company reported strong operating leverage and high client retention due to its proprietary data and analytics solutions, contributing to significant free cash flow[144]. - The company’s Finance & Risk solutions are critical for clients in decision-making processes, particularly in extending business loans and trade credit[141]. - The company’s Sales & Marketing solutions help clients optimize their sales strategies, enhancing efficiency in advertising campaigns[160]. Shareholder Returns - The company has authorized a stock repurchase program allowing for the repurchase of up to 10 million shares, with 961,360 shares repurchased for $9.3 million at an average price of $9.71 per share since inception[152].

DUN & BRADSTREET REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS JACKSONVILLE, Fla. - May 1, 2025: Dun & Bradstreet Holdings, Inc. (NYSE: DNB), a leading global provider of business decisioning data and analytics, today announced unaudited financial results for the first quarter ended March 31, 2025. A reconciliation of U.S. generally accepted accounting principles ("GAAP") to non-GAAP financial measures has been provided in this press release, including the accompanying tables. An explanation of these measure ...

Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Dun & Bradstreet Holdings, Inc. (DNB) to Clearlake Capital for $9.15 per share, which is below the price targets set by multiple Wall Street analysts and significantly lower than DNB's 52-week high of $12.95 per share, indicating a potentially opportunistic deal [1][3]. Group 1 - The sale price of $9.15 per share is below the price targets of at least seven Wall Street analysts, suggesting concerns about the fairness of the offer [1][3]. - The proposed sale price is significantly lower than DNB's 52-week high of $12.95 per share, raising questions about the motivations behind the deal [1][3]. - Wohl & Fruchter LLP is examining whether the DNB Board of Directors acted in the best interests of shareholders and if all material information regarding the transaction has been disclosed [4]. Group 2 - Analysts have set various price targets for DNB, with the highest being $17.00 per share from Deutsche Bank, followed by targets of $15.00, $14.00, $12.00, $11.00, and $10.00 from other firms [5]. - The investigation aims to determine if the agreed sale price is fair to DNB shareholders [4]. - Wohl & Fruchter LLP has a history of representing investors in litigation related to corporate misconduct, recovering significant damages for investors [4].

Group 1 - Monteverde & Associates PC has recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1] - The firm is investigating Dun & Bradstreet Holdings, Inc. regarding its proposed merger with Clearlake Capital Group, L.P. [1] - Under the merger agreement, Dun & Bradstreet shareholders will receive $9.15 in cash for each share of common stock [1] Group 2 - Monteverde & Associates PC is a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court [2] - The firm operates from the Empire State Building in New York City [2] - The firm encourages shareholders with concerns to contact them for additional information [3]

Group 1 - The ideal investment is characterized by core business operations in sectors expected to grow structurally at rates exceeding GDP growth over the next 5-10 years [1] - Profits should stem from sustainable competitive advantages that lead to attractive unit economics [1] - The investment should be managed by competent, ethical, and long-term thinkers, and should be fairly valued [1]

Revenue and Operations - The company generated approximately 31% of its total revenue from international operations for the years ended December 31, 2024, 2023, and 2022[368]. - The company generated $2,381.7 million in revenue for the year ended December 31, 2024, an increase of 2.9% from $2,314.0 million in 2023[391]. - Dun & Bradstreet's revenue is primarily generated from licensing data and providing related services, with a focus on Finance & Risk and Sales & Marketing solutions[411]. - The company operates through two segments: North America and International, providing analytics and business insights across various regions[413]. - Revenue recognition follows a five-step process, ensuring that revenue reflects the consideration expected in exchange for goods or services[417]. - The company recognizes revenue ratably for performance obligations satisfied over time, particularly for continuous access to data products[425]. - Revenue from licensing data to alliance partners is recognized upon delivery, with contract consideration often based on sales or usage-based royalties[432]. - Contracts often include multiple performance obligations, with transaction prices allocated based on relative standalone selling prices[433]. - Variable consideration is allocated to performance obligations if terms relate specifically to efforts in satisfying those obligations[434]. - Total future revenue allocated to unsatisfied performance obligations as of December 31, 2024, is $3,238.4 million, with $1,367.2 million expected in 2025[501]. - Total revenue recognized for the year ended December 31, 2024, was $2,381.7 million, representing an increase of 2.9% from $2,314.0 million in 2023[503]. - Revenue recognized at a point in time decreased to $957.6 million in 2024 from $972.4 million in 2023, while revenue recognized over time increased to $1,424.1 million from $1,341.6 million[503]. Financial Performance - Operating income for 2024 was $194.8 million, up from $140.3 million in 2023, reflecting a growth of 38.7%[391]. - The net loss attributable to Dun & Bradstreet Holdings, Inc. was $28.6 million for 2024, an improvement from a net loss of $47.0 million in 2023[391]. - Net income for 2024 was a loss of $24.5 million, an improvement from a loss of $43.7 million in 2023, but down from a profit of $4.1 million in 2022[398]. - The company incurred restructuring charges of $16.9 million in 2024, compared to $13.2 million in 2023, indicating an increase of 27.9%[391]. - The company reported total assets of $8,755.7 million as of December 31, 2024, down from $9,135.9 million in 2023, indicating a decrease of 4.2%[396]. - Total liabilities decreased to $5,441.3 million in 2024 from $5,704.3 million in 2023, a reduction of 4.6%[396]. - Cash and cash equivalents increased to $205.9 million in 2024 from $188.1 million in 2023, representing a growth of 9.3%[396]. - The company’s accumulated deficit increased to $(839.7) million in 2024 from $(811.1) million in 2023[396]. - The company’s total stockholders' equity decreased to $3,298.5 million in 2024 from $3,419.1 million in 2023, a decline of 3.5%[396]. - The company reported a net loss of $47.0 million for the year ended December 31, 2023, compared to a net loss of $2.3 million in 2022[401]. - Total stockholders' equity decreased to $3,431.6 million as of December 31, 2023, down from $3,508.4 million at the end of 2022, reflecting a decline of approximately 2.2%[401]. - The company declared dividends totaling $87.5 million in 2023, an increase from $43.6 million in 2022[401]. - Payments of dividends increased to $87.5 million in 2024 from $86.1 million in 2023[398]. - The company reported deferred cloud computing arrangement implementation costs of $40.1 million and $36.9 million as of December 31, 2024 and 2023, respectively[461]. Debt and Interest - Total interest payments for the year ended December 31, 2024, were $214.5 million, with a weighted average interest rate of 5.920%[367]. - A 100 basis point increase or decrease in the weighted average interest rate on outstanding debt would result in an incremental increase or decrease in annual interest expense of approximately $31 million for the year ended December 31, 2024[367]. - Interest payments for 2024 were $214.5 million, slightly up from $213.3 million in 2023[398]. Foreign Exchange and Risk Management - The notional amounts of foreign exchange contracts were $583.5 million and $653.1 million as of December 31, 2024, and December 31, 2023, respectively[370]. - Realized gains and losses associated with foreign exchange contracts for the year ended December 31, 2024, were $32.7 million and $33.5 million, respectively[370]. - If exchange rates were to increase or decrease by 10% from year-end 2024 levels, unrealized losses or gains on foreign exchange forward contracts would be approximately $51 million[371]. - The company uses interest rate swaps to manage the impact of interest rate changes on earnings, aiming to mitigate future cash flow variations[366]. - The company’s foreign exchange forward contracts are primarily denominated in British pound sterling, Euro, Swedish Krona, and Norwegian Krone[369]. Pension and Employee Benefits - The benefit obligation at the beginning of 2024 was $1,417.5 million, decreasing to $1,309.3 million by the end of the year, reflecting a change of $108.2 million[536]. - The fair value of plan assets at the beginning of 2024 was $1,282.7 million, which decreased to $1,204.2 million by year-end, resulting in a net funded status of $(105.1) million[536]. - The accumulated benefit obligation decreased from $1,410.9 million in 2023 to $1,303.8 million in 2024[542]. - The company reported an actuarial gain of $63.8 million for the year ended December 31, 2024, primarily due to changes in discount rates and mortality assumptions[540]. - The net periodic pension cost for 2024 was $(17.5) million, compared to $(16.3) million in 2023[546]. - The underfunded accumulated benefit obligation decreased from $133.8 million in 2023 to $105.1 million in 2024[543]. - The company’s pension plans had a service cost of $1.7 million for the year ended December 31, 2024[546]. - The company recorded a settlement gain of $0.4 million for the year ended December 31, 2024[546]. - The total amount recognized in accumulated other comprehensive loss was $79.9 million for the year ended December 31, 2024[542]. - The projected benefit obligation discount rate increased to 5.23% for 2024 from 4.57% in 2023[551]. - The expected long-term return on plan assets is projected at 5.70% for 2024, up from 5.60% in 2023[551]. - The rate of compensation increase for determining projected benefit obligation is 2.88% for 2024, slightly up from 2.87% in 2023[551]. - The actuarial loss for 2024 is projected at $(4.8) million, compared to a gain of $1.1 million in 2023[547]. - The amortization of actuarial loss for 2024 is $(2.2) million, compared to $(0.7) million in 2023[547]. - The company applies a yield curve approach to measure the present value of pension plan obligations[553]. - The investment objective for the U.S. Qualified Plan is to achieve a long-term total return that matches the expected long-term rate of return assumption[556]. - The mortality assumption used is based on the PRI 2012 mortality table with adjustments for COVID-19 factors[554]. - The weighted average expected long-term return on plan assets was 5.60% for 2023, reflecting long-term capital market return forecasts[552]. - The company emphasizes long-term growth of principal while avoiding excessive risk to finance pension obligations[556]. Stockholder Equity and Compensation - The company’s weighted average number of shares outstanding-basic was 432.4 million in 2024, slightly up from 430.5 million in 2023[391]. - Stock-based compensation expense for 2024 was $67.6 million, a decrease from $83.4 million in 2023[516]. - The fair value of shares vested for restricted stock and restricted stock units in 2024 was $42.1 million, up from $30.9 million in 2023[527]. - Total unrecognized compensation cost related to non-vested restricted stock and restricted stock units was $42.2 million as of December 31, 2024[526]. - The increase in long-term contract assets from $18.0 million in 2023 to $32.8 million in 2024 was primarily due to new contract assets recognized[504]. - The weighted average grant date fair value per share of restricted stock and restricted stock units granted for 2023 was $11.27[526].