CNNE Q3 2023 Earnings — Cannae Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CNNECannae Holdings, Inc.

$618M

Q3 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$144M-12.7% YoY

Gross Profit

$12M8.0% margin

Operating Income

-$52M-36.1% margin

Net Income

-$157M-109.5% margin

EPS (Diluted)

$-2.18

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$22M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$403M

Stockholders' Equity

$2.4B

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$144M	$165M	-12.7%
Gross Profit	$12M	$11M	+4.5%
Operating Income	-$52M	-$21M	-143.7%
Net Income	-$157M	$55M	-384.4%

Revenue Segments

Restaurant Sales

$131M100%