Cannae Holdings, Inc. Updates Timing of Fourth Quarter and Full Year 2018 Earnings Release Date and Conference Call
February 27, 2019
LAS VEGAS–(BUSINESS WIRE)–Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today
announced that the Company has rescheduled the date of its previously
announced earnings release and conference call to allow additional time
to complete its Annual Report on Form 10-K (“Annual Report”).
The Company requires additional time to complete its procedures with
respect to the adoption and application of Accounting Standard Update
No. 2014-09, Revenue from Contracts with Customers (“ASC 606”) related
to its T-System reporting segment.
The Company will release its fourth quarter and full year 2018 financial
results before the market open on Thursday, March 14, 2019. The Company
will also hold a conference call to discuss its financial results at
11:00 am (Eastern Time) on the same day.
The conference call can be accessed by dialing 1-877-407-0789 (domestic)
or 1-201-689-8562 (international) and asking for the Cannae Holdings
Fourth Quarter and Full Year 2018 Earnings Call. A telephonic replay
will be available approximately three hours after the call and can be
accessed by dialing 1-844-512-2921, or for international callers
1-412-317-6671 and providing the access code 13686250. The telephonic
replay will be available until 11:59 pm (Eastern Time) on March 21, 2019.
Interested investors and other parties may also listen to a simultaneous
webcast of the live call by logging onto the Investors section of the
Company’s website at www.cannaeholdings.com.
The online replay will be available on the Company’s website immediately
following the call.
About Cannae Holdings, Inc.
Cannae (NYSE:CNNE) is a diversified holding company with over $1
billion in book value in assets and boasts a strong track record of
investing in a diverse range of assets. Cannae holds majority and
minority equity investment stakes in a number of entities,
including Ceridian HCM Holdings, LLC, Dun & Bradstreet, American Blue
Ribbon Holdings, LLC, 99 Restaurants Holdings LLC and T-System Holding
LLC. Principals at Cannae have successfully acquired over 100 companies
with aggregate consideration in excess of $30 billion for Fidelity
National Financial. Inc., Cannae and related companies over the last 20
years. More information about Cannae can be found at www.cannaeholdings.com.
Forward-Looking Statements and Risk Factors
This press release contains forward-looking statements that involve a
number of risks and uncertainties. Statements that are not historical
facts, including statements regarding our expectations, hopes,
intentions or strategies regarding the future are forward-looking
statements. Forward-looking statements are based on management’s
beliefs, as well as assumptions made by, and information currently
available to, management. Because such statements are based on
expectations as to future financial and operating results and are not
statements of fact, actual results may differ materially from those
projected. We undertake no obligation to update any forward-looking
statements, whether as a result of new information, future events or
otherwise. The risks and uncertainties which forward-looking statements
are subject to include, but are not limited to: changes in general
economic, business and political conditions, including changes in the
financial markets; our potential inability to find suitable acquisition
candidates, acquisitions in lines of business that will not necessarily
be limited to our traditional areas of focus, or difficulties in
integrating acquisitions; significant competition that our operating
subsidiaries face; compliance with extensive government regulation of
our operating subsidiaries; risks associated with our split-off from
Fidelity National Financial, Inc., including limitations on our
strategic and operating flexibility related to the tax-free nature of
the split-off and the Investment Company Act of 1940.
This press release should be read in conjunction with the risks detailed
in the “Statement Regarding Forward-Looking Information,” “Risk Factors”
and other sections of the Company’s Form 10-Q,10-K and other filings
with the Securities and Exchange Commission.
Contacts
Jamie Lillis, Managing Director
Solebury Trout
203-428-3223
jlillis@soleburyir.com