The following is a summary of the Dun & Bradstreet Holdings, Inc. (DNB) Q2 2024 Earnings Call Transcript:

Financial Performance:

• Dun & Bradstreet reported a 4.3% organic revenue growth, representing their fourth consecutive quarter of mid-single-digit growth.

• EBITDA grew 6% in the quarter, contributing to a 60 basis points margin expansion.

• Net loss was $16 million, a slight improvement from a $19 million loss in the prior year.

Business Progress:

• The company is strategically focusing on Finance and Risk solutions with strong performance across these segments. New efficiency improvements are expected to enhance future performance.

• D&B is innovating with new Gen AI capabilities, introducing Hoover Smart Mail and Ask Procurement Assistant in partnership with IBM.

• Capital allocation is geared towards sustainable organic growth, deleveraging, and maintaining dividends, with a buyback program actively returning value to shareholders.

Opportunities:

• High single-digit growth in Asia and strong demand in both North America and internationally, especially for Finance and Risk solutions, shows significant global market expansion potential.

• New AI-driven tools and enhancements in sales and marketing solutions show promise for future growth and customer engagement.

Risks:

• 10% of revenues from credibility and digital marketing solutions face challenges due to broader macroeconomic conditions affecting their performance.

More details: Dun & Bradstreet IR

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