CNNE Q1 2024 Earnings — Cannae Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CNNECannae Holdings, Inc.

$618M

Q1 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$111M-28.3% YoY

Gross Profit

-$7M-6.1% margin

Operating Income

-$41M-36.7% margin

Net Income

-$90M-81.2% margin

EPS (Diluted)

$-1.27

QoQ Revenue Growth

-7.2%

Cash Flow

Operating Cash Flow

-$36M

Free Cash Flow

-$37M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$345M

Stockholders' Equity

$2.3B

Cash & Equivalents

$238M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$111M	$154M	-28.3%
Gross Profit	-$7M	$7M	-194.4%
Operating Income	-$41M	-$23M	-78.9%
Net Income	-$90M	-$4M	-2092.7%

Revenue Segments

Restaurant Sales

$107M100%