Dun & Bradstreet Holdings Stock Price, News & Analysis

FedEx Corp. (NYSE: FDX) released a report detailing its significant economic impact, totaling nearly $70 billion on the U.S. economy. The study, in collaboration with Dun & Bradstreet (NYSE: DNB), highlights FedEx's role in supporting approximately $8 billion in economic activity through the transportation sector, while employing over 375,000 team members in the U.S. Notably, despite the pandemic's challenges, FedEx achieved a 9.4 percent increase in employment and supported an additional 400,000 jobs indirectly, contributing to economic stability and growth.

Dun & Bradstreet (NYSE:DNB) announced that Chief Financial Officer Bryan Hipsher will participate in two upcoming virtual conferences. The first is the Needham FinTech & Digital Transformation Conference on August 18, 2021, followed by the Barclays Global Financial Services Conference on September 14, 2021. Both events aim to showcase Dun & Bradstreet's capabilities in providing business decisioning data and analytics. A live webcast of the presentations will be available via Dun & Bradstreet's Investor Relations website.

Dun & Bradstreet (DNB) reported strong second-quarter results for 2021, with GAAP Revenue of $520.9 million, up 24.4% YoY. Adjusted Revenue for the same period matched GAAP figures. Notably, net loss narrowed to $51.7 million from $208 million YoY, with adjusted net income rising to $108 million. Adjusted EBITDA increased 12.6% to $198.3 million. The company reiterated its full-year guidance, expecting adjusted revenues between $2,145 million and $2,175 million. Growth driven by international markets, with 12.5% organic growth reported.

Dun & Bradstreet (NYSE: DNB) has appointed Ellen R. Alemany to its Board of Directors, effective immediately, increasing the board to ten members. Alemany, who is currently Chairwoman and CEO of CIT Group, brings extensive leadership experience and a strong focus on business success. Her appointment is expected to provide valuable insights as the company seeks to unlock growth opportunities. Alemany's prior roles include leadership positions at RBS Citizens Financial Group and Citibank. She is recognized for her significant impact in the financial industry.

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) will release its second quarter 2021 earnings on August 3, 2021, before the market opens. A conference call to discuss the results will take place at 8:30 a.m. Eastern Time that same day. Participants can join the call via the Dun & Bradstreet Investor Relations website or by telephone. The conference call replay will be available through the website and by phone from August 3 to August 17, 2021.

Dun & Bradstreet (NYSE: DNB) has acquired Town Center II as its new global headquarters in Jacksonville, Florida. This Energy Star certified building, completed in 2019, spans 218,700 square feet and is part of a 14.38-acre lot aimed at supporting the company’s growth and sustainability initiatives. CEO Anthony Jabbour emphasized the significance of this location for community engagement and local workforce development, with a commitment to creating 500 new jobs in Jacksonville by summer. The building aligns with modern energy efficiency standards, reflecting the company’s dedication to innovation.

Dun & Bradstreet (NYSE:DNB) and Zeta Global (NYSE:ZETA) have formed a strategic alliance to create a unified private data cloud integrating consumer and business data. This collaboration aims to establish a new business-to-person (B2P) marketing sector, effectively combining Zeta's B2C data with D&B's B2B data. The partnership is expected to enhance marketing strategies for both companies, enabling them to deliver more personalized marketing campaigns to decision-makers. The alliance includes offering SMBs advanced marketing capabilities traditionally reserved for larger enterprises.

Dun & Bradstreet (NYSE:DNB) has announced the appointment of Virginia Gomez as Chief Product Officer and Michael Manos as Chief Technology Officer. Gomez, previously at TransUnion, will lead global product strategies to enhance client offerings, while Manos, coming from Fiserv, aims to modernize technology and improve service delivery. The company is also expanding its workforce with 500 new jobs at its new headquarters in Jacksonville, Florida, set to open in Fall 2021. These leadership changes are seen as pivotal for driving innovation and growth.