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 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.

Conduent's (CNDT) CEO Clifford Skelton on Q1 2020 Results - Earnings Call Transcript

Healthcare segment represents a coronavirus tailwind for the company.

Conduent: Time To Get Constructive

Congress would need to allocate about $3.6 billion in emergency funding, including the hiring of 100,000 contact tracers, to identify who has tested positive for COVID-19 and find out from them where they have gone and whom they’ve come in contact with.

This contact tracing technology of COVID-19 in over a dozen jurisdictions could assist companies as they reopen

State, local and zip-code level data helps identify populations most in need of basic services amid COVID-19 quarantines

Conduent’s Healthy Communities Institute Launches COVID-19 At-Risk Populations Website Offering Health Data to Protect Those in Need

FLORHAM PARK, N.J., April  14, 2020  (GLOBE NEWSWIRE) --  Conduent Incorporated  (Nasdaq: CNDT), a services and solutions provider to businesses and governments, today announced business updates in light of macroeconomic uncertainty resulting from the COVID-19 pandemic. Given the continuously changing and unpredictable environment related to COVID-19, Conduent is withdrawing its previously issued financial guidance for fiscal year 2020. Conduent plans to hold its first-quarter conference call in May.

Conduent Provides Update on Current COVID-19 Actions, Withdraws FY 2020 Guidance; Strengthens Cash Position

Amazon

Amazon (AMZN) collaborates with Conduent to trace the exponentially increasing number of COVID-19 infected people by integrating the latter's Maven platform with AWS.

Amazon Teams Up With Conduent to Control Coronavirus Spread

Conduent Solution now available for automated COVID-19 Case Management, Patient Outreach and Contact Tracing visualization, enabling public health agencies to quickly scale timely and secure reporting and gain insights to “flatten the curve”

Conduent Collaborates with Amazon Web Services to Help Government Agencies Scale Their COVID-19 Response

Conduent to showcase Loan Manager’s Capability at Auto Finance Accelerate in San Diego on March 9-11, 2020 Conduent to showcase Loan Manager’s Capability at Auto Finance Accelerate in San Diego on March 9-11, 2020

Conduent Enhances Loan Manager with Addition of Real-Time Transactions Posting Capability

FLORHAM PARK, N.J., Feb.  27, 2020  (GLOBE NEWSWIRE) --  Conduent Incorporated  (Nasdaq: CNDT) today announced that its Board of Directors has elected Clifford Skelton to become Chief Executive Officer, effective February 25, 2020. Skelton, who has been serving as Conduent’s interim CEO for seven months has significant experience in comprehensive enterprise transformations. Skelton will continue as a member of Conduent’s Board.

Conduent Names Clifford Skelton CEO

The company is no longer actively looking to divest business units.

Why Shares of Conduent Are Down Today

Conduent Inc (CNDT) CEO Clifford Skelton on Q4 2019 Results - Earnings Call Transcript

Company’s Flexible Platform, Maven®, Already Customized and Implemented by Government and Health Organizations to Track, Manage and Report Confirmed Coronavirus Cases

Conduent Market-Leading Disease Surveillance and Outbreak Management System to Fight Coronavirus

Conduent Market-Leading  Disease Surveillance and Outbreak Management System to Fight Coronavirus

 Enhancements Improve Document Review Efficiency and Quality

Conduent Launches Enhanced Viewpoint™ eDiscovery Software with Continuous Active Learning Capabilities

FLORHAM PARK, N.J., Jan.  16, 2020  (GLOBE NEWSWIRE) --  Conduent Incorporated  (Nasdaq: CNDT) today announced the release of its 2019 Corporate Social Responsibility report, which showcases how the company is working beyond its business to help improve the communities it serves. This announcement coincides with “Proud to be Conduent Day,” a day designated at the company for supporting the communities where its employees live and work.

Conduent Releases 2019 Corporate Social Responsibility Report

Interactive technology brings objects and environments to life, enhancing user experiences and outcomes across multiple industries and business applications Interactive technology brings objects and environments to life, enhancing user experiences and outcomes across multiple industries and business applications

Conduent Introduces Augmented Reality Solution to Transform the Customer Experience, Drive New Levels of Self-Service and Improve Business Performance

Investors need to pay close attention to Conduent (CNDT) stock based on the movements in the options market lately.

Options Traders Expect Huge Moves in Conduent (CNDT) Stock

Quarterly results suggest the worst is over for this outsourcing specialist.

Why Shares of Conduent Are Soaring Today

Conduent Incorporated (CNDT) CEO Clifford Skelton on Q3 2019 Results - Earnings Call Transcript

Conduent Inc. (CNDT) delivered earnings and revenue surprises of 0.00% and 3.25%, respectively, for the quarter ended September 2019.

Conduent Inc. (CNDT) Q3 Earnings Meet Estimates

Conduent Inc. (CNDT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Earnings Preview: Conduent Inc. (CNDT) Q3 Earnings Expected to Decline

Identifying value on the balance sheet. Cash on hand is low and Conduent needs money to pay its debts.

Conduent: Carl Icahn Aggressively Adds Shares After Texas Lawsuit

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Notable Insider Buys In The Past Week: General Electric, Symantec And More

An underwhelming quarter and a worsened full-year outlook have some investors concerned.

Why Conduent Stock Was Slammed Friday

Conduent Incorporated (CNDT) CEO Cliff Skelton on Q2 2019 Results - Earnings Call Transcript

News for Conduent Stock (CNDT)