Earnings Feed

CNNE

Financial Services

Cannae has sold approximately $1.1 billion of public company stakes since February 2024, significantly reducing its public holdings from 63% to 22% of assets.
The company expects to receive around $630 million from the sale of Dun & Bradstreet, which will be used for share repurchases, debt repayment, and dividends.
Cannae has repurchased 7.6 million shares, or about 12% of outstanding shares, at an average price of $19.71, aiming to close the NAV discount.
The company increased its quarterly dividend by 25% to $0.15 per share, reflecting a commitment to returning capital to shareholders.
Since February 2024, Cannae has returned approximately $414 million through buybacks and dividends, demonstrating a strategic focus on capital deployment.

RPAY

Financial Services

Adjusted EBITDA was $31.8 million, representing a 42% margin.
Adjusted net income was $19.1 million or $0.20 per share.
Free cash flow was $22.6 million, with a 71% free cash flow conversion rate.
Net leverage stood at approximately 2.5x with total debt of $507.5 million, including a $220 million convertible note due in February 2026.
REPAY reported Q2 2025 revenue of $75.6 million, a 1% year-over-year increase.
Reported gross profit declined 2% year-over-year, impacted by client losses and political media contributions; excluding these, gross profit grew single-digit year-over-year.
The company repurchased approximately 7.9 million shares year-to-date for $38 million.