General World News

Black Knight reports $360M profit in Q1

Black Knight, the Florida-based mortgage tech and analytics behemoth, increased its profits six fold in the first quarter of 2022, compared to the same period of 2021, propelled by the investment in the credit reporting services company Dun & Bradstreet Holdings.

The company’s latest earnings became public on Thursday, less than 24 hours after Intercontinental Exchange offered $13.1 billion to acquire the rival.

If the deal receives all the approvals needed, ICE will take control of a company that reported $364.6 million in net earnings in the first quarter of 2022, compared to $54.1 million in Q1 2021 and $60.7 million details ⇒

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