The following is a summary of the Dun & Bradstreet Holdings, Inc. (DNB) Q3 2024 Earnings Call Transcript:

Financial Performance:

• Dun & Bradstreet reported a third-quarter revenue of $609 million, a 3.5% increase, with organic revenue growth of 3.4%.

• The company achieved a 5% increase in adjusted EBITDA, reaching $247 million.

• Net income for the quarter was $3 million, diluted earnings per share was $0.01.

Business Progress:

• Dun & Bradstreet introduced Chat D&B, a generative AI tool designed to provide actionable insights for tasks like prospecting and due diligence.

• They announced strategic partnerships with London Stock Exchange Group (LSEG) and Intercontinental Exchange (ICE) to broaden market data access and launch new climate risk data offerings.

Opportunities:

• The development and introduction of Chat D&B, driven by client demand for efficient data processing and actionable insights, positions the company at the forefront of AI-assisted business intelligence.

• Partnerships with LSEG and ICE to expand market presence into new areas like private market information and climate risk assessment points toward new revenue streams.

Risks:

• The reported slowdown in the Digital Marketing business, although showing signs of recovery, continues to pose a challenge.

• Lengthened sales cycles, influenced by ongoing strategic evaluation processes and macroeconomic conditions, could affect near-term business growth.

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