Conduent

Conduent, Inc. engages in the provision of business process services with expertise in transaction-intensive processing, analytics, and automation. It operates through the following segments: Commercial Industries, Government Services, and Transportation. The Commercial Industries segment offers business process services and customized solutions to clients in a variety of industries. The Government Services segment is involved in government-centric business process services and subject matter experts to U.S. federal, state, and local and foreign governments. The Transportation segment includes systems and support to transportation departments and agencies globally. The company was founded on April 18, 1906 and is headquartered in Florham Park, NJ.

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Conduent meets revenue guidance, eyes growth in 2023 despite challenges

Conduent (CNDT) delivered on revenue guidance in Q4 2022 with strong new business sales. While facing revenue declines and margin changes, the company remains optimistic for growth in 2023. Recognition for workplace culture and supplier excellence highlights Conduent's strengths.

Conduent exceeds Q1 revenue expectations, eyes growth amid challenges

Conduent's Q1 2023 results demonstrated operational efficiency and stability in core revenue, with EBITDA surpassing internal expectations.
While facing challenges in new business sales and segment revenues, the company maintains a strong liquidity position and sees opportunities in late large deals.
The economic slowdown's impact on decision-making timelines requires attention, but Conduent remains optimistic about future growth prospects.
Overall, Conduent's performance in Q1 sets a solid foundation for meeting full-year guidance ranges and capitalizing on upcoming opportunities.

Conduent reports solid Q2 earnings, eyes growth in key sectors

Conduent's Q2 2023 performance was solid with revenue of $915 million and a 10.2% adjusted EBITDA margin. While facing challenges in certain segments, the company maintains a strong liquidity position and sees growth opportunities in key sectors.

Conduent exceeds Q3 expectations, poised for growth amid sector strengths

Conduent's Q3 2023 earnings call showcased strong financial performance, strategic advancements, and a positive outlook for future growth.
While facing challenges in the Commercial segment, Conduent's focus on agility, technology, and growth opportunities positions the company for success.
By leveraging strengths, addressing challenges, and seizing opportunities, Conduent aims to achieve its 2025 financial goals and drive sustainable growth.

Conduent surpasses 2023 financial targets, eyes growth through divestitures

Conduent's strong financial performance in 2023 exceeded expectations across revenue and EBITDA metrics.
Challenges in the commercial segment decision cycles need addressing for improved new business acquisition.
Opportunities lie in revenue growth and margin expansion through cost savings and portfolio rationalization strategies.

Conduent surpasses Q1 revenue expectations, eyes growth through partnerships

Conduent's Q1 performance exceeded expectations, with a focus on growth, cost efficiency, and strategic partnerships driving revenue.
The company remains confident in its strategy, emphasizing divestitures, debt reduction, and revenue growth as key priorities.
Opportunities in outsourcing, technology sector growth, and stable interest rate environment position Conduent for continued success and expansion.

Conduent reports Q2 revenue growth, eyes AI partnerships for expansion

Conduent's Q2 performance showed solid revenue and EBITDA figures, with a focus on new business signings and capital deployment goals.
Strengths in AI partnerships with Microsoft and increased outsourcing interest provide avenues for future growth.
Challenges in net ARR and government contracts require attention, while opportunities lie in cost efficiency and global outsourcing expansion.

Conduent reports Q3 revenue growth but faces sector challenges

Conduent's Q3 performance reflects a mixed picture with revenue growth in commercial segment offset by declines in government and transportation sectors.
The company's focus on debt reduction and share repurchases enhances its financial stability, while challenges persist in certain business segments.
Opportunities for growth lie in leveraging strong commercial sales, improving sector performance, and maintaining a competitive edge in the market.

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Conduent, Inc. engages in the provision of business process services with expertise in transaction-intensive processing, analytics, and automation. It operates through the following segments: Commercial Industries, Government Services, and Transportation. The Commercial Industries segment offers business process services and customized solutions to clients in a variety of industries. The Government Services segment is involved in government-centric business process services and subject matter experts to U.S. federal, state, and local and foreign governments. The Transportation segment includes systems and support to transportation departments and agencies globally. The company was founded in 2016 and is headquartered in Florham Park, NJ.

Does Conduent (CNDT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Conduent (CNDT) is a Great Choice

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Conduent (CNDT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Conduent (CNDT) Is Attractively Priced Despite Fast-paced Momentum

Conduent Incorporated (NASDAQ:CNDT ) Q3 2024 Results Conference Call November 6, 2024 9:00 AM ET Company Participants Giles Goodburn - Vice President, Investor Relations Cliff Skelton - President and Chief Executive Officer Steve Wood - Chief Financial Officer Conference Call Participants Pat McCann - NOBLE Capital Markets Marc Riddick - Sidoti & Company Chris Sakai - Singular Research Operator Greetings, and welcome to the Conduent Third Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Conduent Incorporated (CNDT) Q3 2024 Earnings Call Transcript

Conduent (CNDT) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.09 per share a year ago.

Conduent (CNDT) Reports Q3 Loss, Lags Revenue Estimates

Conduent Incorporated, a global technology-led business process solutions and services company, today announced its third quarter 2024 financial results.

Conduent Reports Third Quarter 2024 Financial Results

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, announced the integration of AI-driven solutions by TALON and Jellyvision's ALEX with its Life@Work Connect Experience Platform, to elevate employee understanding of their personal health and wellness benefits. With the addition of Jellyvision and TALON, Life@Work Connect integrates additional uses of AI with two new employee resources in its digital portal.

AI Integrated into Conduent Life@Work® Connect with Jellyvision and TALON to Educate Employees about Open Enrollment and Maximize Healthcare Benefit Spend

FLORHAM PARK, N.J. & DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, and AshBritt, the nation's leading rapid-response emergency management, logistics and disaster-response contractor, today announced a collaboration to offer emergency services and instant payments to those in need. The new offering combines Conduent's expertise in managing a range of payment services for public sector clients with As.

Conduent and AshBritt Team Up to Offer Disaster Recovery Services and Emergency Relief Funds to Those in Need

FLORHAM PARK, N.J.--(BUSINESS WIRE)--New research based on a survey of 200 CFOs by Everest Group, supported by Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, shows that outsourcing finance and accounting with Business Process Outsourcing (BPO) providers helps internal teams quickly achieve meaningful efficiency benefits. Finance areas with the highest ROI when outsourced CFOs participating in the survey reported an average return on invest.

Everest Group Survey of CFOs Finding: The Right Partner Drives F&A Outsourcing Benefits

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, plans to report its third-quarter 2024 financial results on Wednesday, November 6 before market open. Management will present the results during a conference call and webcast at 9:00 a.m. ET. The call will be available by live audio cast along with the news release and online presentation slides at https://investor.conduent.com. The conference call will als.

Conduent to Report Third-Quarter 2024 Financial Results on Nov. 6, 2024

Conduent (CNDT) Shows Fast-paced Momentum But Is Still a Bargain Stock

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent achieves across-the-board Leader ranking in NelsonHall Health Payer Operations Transformation evaluation.

Conduent Named a Leader in NelsonHall Healthcare Payer Operational Transformation Assessment

Conduent (CNDT) is a Great Momentum Stock: Should You Buy?

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, has been selected by the American Samoa Department of Human and Social Services (DHSS) to modernize and convert the U.S. territory's legacy American Samoa Nutrition Assistance Program (ASNAP) system. As of 2024, nearly 5,000 needy, elderly, blind or disabled individuals in American Samoa receive ASNAP benefits from the government. These benefits provide ess.

Conduent to Modernize Government Benefits Disbursement System for American Samoa Recipients

KING OF PRUSSIA, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- MedRisk, a leader in managed physical rehabilitation in workers' compensation, has completed the acquisition of the Casualty Claims Solutions business, including the portfolio of Strataware® products, services, and technologies, from Conduent Incorporated (Nasdaq: CNDT).

MedRisk Completes Acquisition of Casualty Claims Solutions Business from Conduent

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that it has completed the sale of its Casualty Claims Solutions Business to MedRisk, the nation's largest managed care organization dedicated to the physical rehabilitation of workers' compensation patients. The transaction was initially announced on May 3, 2024. “This completed divestiture is the third in our portfolio optimization plan, al.

Conduent Completes Sale of Its Casualty Claims Solutions Business to MedRisk

Conduent, Inc. (NASDAQ:CNDT ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Giles Goodburn - VP & IR Steve Wood - CFO Clifford Skelton – President & CEO Conference Call Participants Patrick McCann - Noble Capital Markets Marc Riddick - Sidoti & Company Unknown Participant - Singular Research Operator Welcome to the Conduent's Second Quarter 2024 Earnings Conference Call. [Operator Instructions].

Conduent, Inc. (CNDT) Q2 2024 Earnings Call Transcript

Conduent (CNDT) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.01 per share a year ago.

Conduent (CNDT) Reports Q2 Loss, Tops Revenue Estimates

Key Q2 2024 Highlights Revenue: $828M Adj. Revenue(1): $811M Pre-tax Income: $300M Adj.

Conduent Reports Second Quarter 2024 Financial Results

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent earned top scores in Disability Equality Index in U.S., Philippines and India.

Conduent Named “Best Place to Work for Disability Inclusion” for Third Consecutive Year

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent to Report Second-Quarter 2024 Financial Results on August 7, 2024.

Conduent to Report Second-Quarter 2024 Financial Results on August 7, 2024

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced the completion of a modernized toll collection infrastructure for the Ohio Turnpike. Conduent upgraded 216 lanes on the 241-mile-long turnpike to include self-service and collector-operated toll plazas, as well as open-road, automated tolling options for vehicles using E-ZPass® transponders. The new syst.

Conduent Transportation Modernizes Ohio Turnpike's Tolling Lanes to Improve Motorist Experience

GUILHERAND-GRANGES, France & FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced that Saint-Étienne Métropole (SEM), the public transportation authority for the city of Saint-Étienne and its surrounding metropolitan area in east-central France, has selected Conduent for a three-phase transformation of its STAS bus and tram network. SEM serves a population.

Conduent Transportation Selected to Transform Public Transport Network in Saint-Étienne Métropole, France

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced its selection by the Wisconsin Department of Children and Families (DCF) to design, develop and implement a modernized child support system. The new system, called THRIVE, will transform child support service delivery for children and families across the state while providing enhanced features for parents. DCF's modernization project will in.

Wisconsin Department of Children and Families Selects Conduent to Modernize the State's Child Support System

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced a three-year Pharmacy Benefit Management (PBM) contract renewal with the Montana Department of Public Health and Human Services (MDPHHS). The renewal builds on Conduent's nearly 38-year relationship with the MDPHHS of providing advanced Medicaid management solutions to further the agency's mission to deliver healthcare services that help imp.

Montana Renews Pharmacy Benefit Management Contract with Conduent

Conduent is undergoing a transition to improve profitability and growth, through divestitures and debt reduction. Despite revenue declines, potential profitability could lead to excellent results for shareholders, making it a Buy. I have a one-year price target of $4.14, which would be a 24.32% gain on the July 3, 2024 close of $3.33.

News for Conduent Stock (CNDT)