This information is considered inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by N. Saethre, 3 June 2024. Knut R. Sæthre, CFO BW Energy, +47 91 11 78 76 or ir@bwenergy.no About BW Energy: BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-39361 Dun & Bradstreet Holdings, Inc. (Exact name of registrant as specified in its charter) (State of Delaware 83-2008699 (I.R.S. Employer Identification No.) inco ...

Financial Data and Key Metrics Changes - The company reported first quarter revenues of $565 million, an increase of 4.5% compared to the prior year quarter, and an increase of 4.1% before the effect of foreign exchange [52][76] - Adjusted EBITDA for the first quarter was $201 million, an increase of $11 million or 6%, primarily due to increased organic revenues and lower data acquisition costs [32][77] - Free cash flow conversion improved to 119%, up 22 percentage points versus the prior year quarter [15] Business Line Data and Key Metrics Changes - Sales and Marketing revenues were $178 million, an increase of $5 million or 3%, driven by higher revenues from Master Data Management solutions [33] - Finance and Risk revenues were $120 million, an increase of 8%, attributable to growth across all markets, particularly in Finance Analytics and Third Party Risk & Compliance solutions [34] - Master Data Management solutions grew double digits, with total growth of just over 10% [42] Market Data and Key Metrics Changes - North America revenues for the first quarter were $387 million, an increase of 3% from the prior year quarter [54] - International segment revenues increased 7% to $178 million, with a 6.8% increase on an organic constant currency basis [55] - The total addressable market for Master Data Management is over $15 billion, with less than 10% of clients currently using MDM [44] Company Strategy and Development Direction - The company aims for midterm organic revenue growth of 5% to 7%, with a focus on innovation and strengthening existing solutions [37] - Investments in generative AI are expected to yield benefits in 2025 and 2026, with a projected increase of one to two points in growth [93] - The company is pursuing rapid expansion in Risk Analytics and associated solution sets to meet rising expectations and regulations around various risks [41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year guidance for all key metrics, citing strong execution in the first quarter [74] - The company noted that client health remains consistent, with positive feedback on business optimism and supply chain issues acting as tailwinds [90] - The management team is focused on delivering results quarter after quarter to enhance shareholder value [119] Other Important Information - The company has authorized a share repurchase program of up to 10 million shares through 2027, reflecting confidence in its valuation relative to peers [38][60] - The leverage ratio was reported at 3.7 times, with expectations to reduce it to around 3.5 times by the end of the year [80] Q&A Session Summary Question: How is the company approaching the share buyback authorization? - The company plans to be opportunistic with the buyback, focusing on organic growth and deleveraging the balance sheet [83] Question: What is the overall health of the clients and the sales cycle? - The health of clients is consistent, with positive feedback on business optimism and supply chain issues providing tailwinds [90] Question: What drove the lower data acquisition costs this quarter? - The company is continuously analyzing sources and utilizing tools to improve efficiency in data collection [92] Question: What is the expected timing and spending for generative AI initiatives? - The company anticipates seeing benefits from generative AI investments in 2025 and 2026, with controlled spending aligned with guidance [93] Question: Can you discuss the growth drivers in the International Finance and Risk segment? - Strong growth in the International segment is attributed to timing accelerations and robust demand for third-party risk management solutions [122]

All information herein speaks only as of (1) the date hereof, in the case of information about the Company, and (2) the date of such information, in the case of information from persons other than the Company. There can be no assurance any forecasts and estimates will prove accurate in whole or in part. The Company does not undertake any duty to update or revise the information contained herein, publicly or otherwise. The Presentation also includes certain financial information that is not presented in acco ...

Dun & Bradstreet (DNB) came out with quarterly earnings of $0.20 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.30 per share when it actually produced earnings of $0.32, delivering a surprise of 6.67%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Dun & Bradstreet, which belongs ...

Revenue Performance - Revenue for Q1 2024 was $564.5 million, an increase of 4.5% compared to Q1 2023[4] - Organic revenue growth was 4.3% on a constant currency basis compared to Q1 2023[4] - North America revenue was $386.6 million, an increase of 3.2% compared to Q1 2023[3] - International revenue was $177.9 million, an increase of 7.4%, with organic revenue growth of 6.8% after excluding divestitures[7] - Revenue for Q1 2024 was $564.5 million, an increase of 4.0% compared to $540.4 million in Q1 2023[27] - Revenue for North America in Q1 2024 was $386.6 million, a rise from $374.7 million in Q1 2023, while International revenue increased to $177.9 million from $165.7 million[36] - Revenue guidance for 2024 is projected between $2,400 million and $2,440 million, with organic revenue growth expected between 4.1% and 5.1%[13] Financial Performance - GAAP net loss for Q1 2024 was $23.2 million, or diluted earnings per share of $0.05, an improvement from a net loss of $33.7 million, or loss per share of $0.08 in the prior year[4] - Adjusted EBITDA for Q1 2024 was $201.3 million, a 6.0% increase year-over-year, with an adjusted EBITDA margin of 35.7%[4] - Operating income improved to $16.6 million in Q1 2024 from $7.9 million in Q1 2023, reflecting a significant increase in operational efficiency[27] - Net loss attributable to Dun & Bradstreet Holdings, Inc. was $23.2 million in Q1 2024, compared to a net loss of $33.7 million in Q1 2023, indicating a reduction in losses[27] - Adjusted EBITDA for Q1 2024 increased to $201.3 million, up from $190.0 million in Q1 2023, reflecting a margin of 35.7% compared to 35.2%[33] - Adjusted net income attributable to Dun & Bradstreet Holdings, Inc. for Q1 2024 was $85.0 million, compared to $80.5 million in Q1 2023, with adjusted net earnings per diluted share at $0.20[37] Cash and Debt Management - The company has $216.0 million in cash and cash equivalents and total debt of $3,563.6 million as of March 31, 2024[9] - Cash and cash equivalents increased to $216.0 million at the end of Q1 2024, up from $188.1 million at the end of Q4 2023[31] - Total assets decreased to $8,978.7 million as of March 31, 2024, down from $9,135.9 million at December 31, 2023[29] - Total liabilities decreased to $5,609.6 million as of March 31, 2024, compared to $5,704.3 million at December 31, 2023[29] - The company incurred interest expense of $85.3 million in Q1 2024, up from $55.3 million in Q1 2023, reflecting increased borrowing costs[27] - Interest expense-net increased to $83.7 million in Q1 2024 from $53.9 million in Q1 2023[33] Future Outlook and Strategic Initiatives - A share repurchase program for up to 10 million shares has been authorized through April 30, 2027[10] - Adjusted EBITDA for 2024 is expected to be in the range of $930 million to $950 million[13] - The company plans to continue focusing on strategic alliances and acquisitions to drive growth and enhance its market position[25] Operational Metrics - The company reported a net cash provided by operating activities of $158.9 million for Q1 2024, slightly up from $155.7 million in Q1 2023[31] - Deferred revenue increased to $622.5 million as of March 31, 2024, compared to $590.0 million at December 31, 2023, indicating growth in future revenue recognition[29] - Total operating costs for Q1 2024 were $396.4 million, up from $377.3 million in Q1 2023, leading to an operating income of $168.1 million[36] - The company reported a transition cost of $17.4 million in Q1 2024, significantly higher than $8.4 million in Q1 2023[37] - Equity-based compensation expenses were $17.9 million in Q1 2024, down from $20.5 million in Q1 2023[37] - The adjusted EBITDA margin for North America was 39.3% in Q1 2024, compared to 40.2% in Q1 2023, while the International segment had a margin of 36.1%[36] - The weighted average number of shares outstanding on a diluted basis was 435.7 million in Q1 2024, compared to 431.5 million in Q1 2023[37]

Yuichiro Chino/Moment via Getty Images Investment Action I recommended a hold rating for Dun & Bradstreet Holdings (NYSE:DNB) when I wrote about it the last time, as I am negative about the underperformance that DNB is showing relative to peers in both growth and margins. Based on my current outlook and analysis, I recommend a buy rating. My upgrade in rating is due to my positive outlook for DNB organic growth and margin expansion, which should drive a positive re-rating in valuation. Review I have turned ...

For the quarter ended December 2023, Dun & Bradstreet (DNB) reported revenue of $630.4 million, up 6% over the same period last year. EPS came in at $0.32, compared to $0.32 in the year-ago quarter.The reported revenue represents a surprise of +1.15% over the Zacks Consensus Estimate of $623.21 million. With the consensus EPS estimate being $0.30, the EPS surprise was +6.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-39361 Dun & Bradstreet Holdings, Inc. (Exact name of registrant as specified in its charter) | Delaware | 83-2008699 | | --- | --- | | (State of incorporation) | (I.R.S. ...

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Q4 2023 Results Conference Call February 15, 2024 8:30 AM ET Company Participants Sean Anthony - Vice President, Corporate Financial Planning and Analysis Anthony Jabbour - Chief Executive Officer Bryan Hipsher - Chief Financial Officer Conference Call Participants Kyle Peterson - Needham & Company Seth Weber - Wells Fargo Andrew Jeffrey - Truist Securities Andrew Steinerman - JPMorgan Manav Patnaik - Barclays Heather Balsky - Bank of America Operator Ladies and ge ...