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Stock impact report

Dun & Bradstreet posts mixed earnings, taps new Chairman/CEO [Seeking Alpha]

Dun & Bradstreet Holdings, Inc. (DNB) 
Last dun & bradstreet holdings, inc. earnings: 8/8 09:22 pm Check Earnings Report
US:NYSE Investor Relations: dictionary.com/browse/dun
Company Research Source: Seeking Alpha
Dun & Bradstreet posts mixed earnings, taps new Chairman/CEODun & Bradstreet (NYSE:DNB) turning in a mixed report forQ4 earnings that also featured the announcement its CEO and Chairman is stepping down.Robert Carrigan isexiting those posts by mutual agreement with the board; Thomas Manning has been named Chairman and interim CEO for the company, which is starting a search for a permanent CEO. “As Dun & Bradstreet continues its work to drive sustainable growth, the Board believes now is the right time to transition the Company’s leadership," says new lead director James Fernandez.Meanwhile, revenues ticked up slightly but organic revenue was essentially flat. Adjusted operating income rose 6% to $191.9M.And adjusted EPS was up 8% to $3.22. Headline EPS was $0.70 and included a $2.12/share noncash charge related to tax reform.Revenue by segment (adjusted): Americas, $449.4M (up 2%); Non-Americas, $78.9M (down 1%; up 4% when adjusting for foreign exchange).Operating income by segment (a Show less Read more
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