CNNE Q2 2024 Earnings — Cannae Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CNNECannae Holdings, Inc.

$618M

Q2 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$118M-22.8% YoY

Gross Profit

$7M5.7% margin

Operating Income

-$23M-19.5% margin

Net Income

-$155M-131.4% margin

EPS (Diluted)

$-2.49

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$12M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$341M

Stockholders' Equity

$1.9B

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$118M	$153M	-22.8%
Gross Profit	$7M	$13M	-49.2%
Operating Income	-$23M	-$20M	-17.3%
Net Income	-$155M	-$87M	-77.8%

Revenue Segments

Restaurant Sales

$108M100%