Cannae Q1 Loss Narrows, Revenue Declines

MT Newswires Live

05/12

Cannae (CNNE) reported a Q1 loss late Monday of $0.70 per diluted share, narrowing from a loss of $1.81 a year earlier.

Three analysts polled by FactSet expected a loss of $0.44.

Revenue for the three months ended March 31 was $96.2 million, down from $103.2 million a year earlier.

Three analysts surveyed by FactSet expected $99.8 million.

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