Cannae Holdings, Inc. (NYSE:CNNE) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET

Company Participants

Jamie Lillis - Solebury Communications

Richard Massey - CEO & Director

Bryan Coy - CFO

Ryan Caswell - President

Conference Call Participants

Ian Zaffino - Oppenheimer

Kenneth Lee - RBC Capital Markets

John Campbell - Stephens Inc.

Operator

Good afternoon, ladies and gentlemen, and welcome to the Cannae Holdings Inc. Third Quarter 2023 Financial Results Conference Call. [Operator Instructions]. As a reminder, this conference call is being recorded, and a replay is available through 11:59 p.m. Eastern Time on November 14, 2023.

With that, I would like to turn the call over to Jamie Lillis of Solebury Communications. Please go ahead.

Jamie Lillis

Thank you, operator, and all of you for joining us this afternoon. On the call today, we have our Chief Executive Officer, Rick Massey; Cannae's President, Ryan Caswell; and Bryan Coy, our Chief Financial Officer.

Before we begin, I would like to remind listeners that this conference call and the Q&A following our remarks may contain forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about Cannae's expectations, hopes, intentions or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs as well as assumptions made by and information currently available to management. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. The company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties, which forward-looking statements are subject to include, but are not limited to, the risks and other factors detailed in our quarterly shareholder letter, which was released this afternoon and in our other filings with the SEC.

Today's remarks will also include references to non-GAAP financial measures. Additional information, including a reconciliation between non-GAAP financial information with the GAAP financial information is provided in our shareholder letter.

I would now like to turn the call over to Cannae's CEO, Rick Massey.

Richard Massey

Thanks, Jamie, and thanks, everyone, for joining us on our third quarter conference call. As Jamie mentioned, Bryan Coy, our CFO; Ryan Caswell, our President. They're both here with me. I want to remind you that we filed on line 2 things; one of which is our shareholder letter, which we filed about half an hour ago, an hour ago or so. That's got a much more detailed discussion of our various portfolio companies, cash position, et cetera. And secondly, we have -- we filed a -- Bryan, dutifully filed some of the parts, which essentially was our net asset value per investment and then broken down on a per share basis -- per Cannae share basis. We do that on a month on a monthly basis. So you -- if that's right?