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.

FLORHAM PARK, N.J., May 24, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that it is scheduled to participate in TD Cowen's 51st Annual Technology, Media & Telecom Conference May 31 - June 1, 2023, at the Lotte New York Palace in New York. The conference incorporates presentations, fireside chats and innovative panel discussions hosted by members of the TD Cowen research team that focus on various aspects of the technology, media, and telecom industry.

Conduent to Attend TD Cowen's 51st Annual Technology, Media and Telecom Conference

New solution offers a single data source to keep network directories accurate and up to date in real time. AI, automation and advanced analytics eliminate manual processes to authenticate and validate doctors' information, reduce costs, improve compliance and provider and member satisfaction FLORHAM PARK, N.J.

Conduent Broadens Healthcare Payer Portfolio with New Innovative AI-Driven Provider Data Management Solution for Health Plans

FLORHAM PARK, N.J., May 22, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced it has been recognized by Forbes as one of “America's Best 500 Employers for Diversity” for the third consecutive year, moving up 136 spots to 327 on the list.

Conduent Recognized by Forbes as one of America's Best Employers for Diversity for Third Consecutive Year

With this new transformational payment solution, agencies can now deliver relief funds electronically to individuals in a matter of minutes With this new transformational payment solution, agencies can now deliver relief funds electronically to individuals in a matter of minutes

Conduent Introduces Rapid Assistance Solution to Help Agencies Expedite Disbursement of Emergency Relief Funds

Contract expected to be in excess of US $1 billion1 marks significant expansion for Conduent's transit solutions in Australia

Conduent Transportation Selected to Implement New Transit Ticketing System in Victoria, Australia

FLORHAM PARK, N.J., May 16, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT) (the "Company”), a global technology-led business solutions and services company, today announced that its board of directors has approved a share repurchase program of up to $75 million of the Company's common stock over the next three years.

Conduent Announces $75 Million Share Repurchase Program

Recognized for providing HR organizations the technology and people to navigate complex digital transformations Marks Conduent's third consecutive appearance as a leader in multiple categories FLORHAM PARK, N.J., May 08, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that NelsonHall, a global analyst firm, has named the company a market leader in Cloud HR Transformation Services in its 2023 NelsonHall Evaluation and Assessment Tool (NEAT) Vendor Report.

Conduent Recognized as a 2023 Leader in Cloud HR Transformation by NelsonHall

FLORHAM PARK, N.J., May 04, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that it is scheduled to participate in the 18 th  Annual Needham Technology & Media Conference on Wednesday, May 17 in New York City.

Conduent to Attend the 18th Annual Needham Technology and Media Conference

Conduent Incorporated (NASDAQ:CNDT ) Q1 2023 Results Conference Call May 3, 2023 9:00 AM ET Company Participants Giles Goodburn - Vice President of Investor Relations Cliff Skelton - President and CEO Steve Wood - CFO Operator Greetings, and welcome to the Conduent First Quarter 2023 Earnings Announcement. At this time, all participants are in a listen only mode [Operator Instructions].

Conduent Incorporated (CNDT) Q1 2023 Earnings Call Transcript

Key Q1 2023 Highlights Revenue and Adj. Revenue(1): $922M Pre-tax Income (Loss): $(8)M Adj.

Conduent Reports First Quarter 2023 Financial Results

Conduent is now using real-time payments over the RTP Network in the transportation sector. With new digital solutions offered through the company's Digital Integrated Payments Hub, transportation agencies can bill, and toll road users can pay, tolls more quickly, easily and securely, Conduent said in a Friday (April 28) press release.

Conduent Launches Real-Time Payments Solutions for Transportation Sector

Fast, secure and convenient real-time payments over the RTP ® network will allow toll road users to digitally pay bills and fund their accounts, while tolling agencies will be able to send invoices and receive payment in minutes

Conduent Introduces First-of-Their-Kind Digital Payment Solutions for Tolling and Other Transportation Uses

New Shield Provider Portal drives efficiency and lowers costs by reducing duplicate claims and customer service calls New Shield Provider Portal drives efficiency and lowers costs by reducing duplicate claims and customer service calls

Conduent Teams with Jopari Solutions on Unique Self-Service Claims Management Technology for Medical Providers

FLORHAM PARK, N.J., April 19, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, plans to report its first-quarter 2023 financial results on Wednesday, May 3, 2023 before market open. Management will present the results during a conference call and webcast at 9:00 a.m, ET.

Conduent to Report First-Quarter 2023 Financial Results on May 3, 2023

Company to present special session on value of centralizing medical information functions to reduce costs and operational complexity; improve satisfaction for consumers and healthcare professionals Company to present special session on value of centralizing medical information functions to reduce costs and operational complexity; improve satisfaction for consumers and healthcare professionals

Conduent Features Global Medical Information Services at DIA Medical Affairs and Scientific Communications Conference

Consumers are eager to banish the uncertainty of legacy bill payment processes, Conduent's Kathy Mertes explains, adding that real-time payments offer consumers a more accurate view of their financial circumstances.

How Conduent Solves Bill Pay Problems With Real-Time Payments

Disbursements are now made more quickly and efficiently to support children and families across the state

Conduent Implements Advanced, Cloud-Based System for Child Support Payment Processing in New Hampshire

Conduent's end-to-end eDiscovery solutions, Viewpoint, Relativity, Managed Review and Post Incident Response, will be on exhibit in booth #3118 Conduent's end-to-end eDiscovery solutions, Viewpoint, Relativity, Managed Review and Post Incident Response, will be on exhibit in booth #3118

Conduent Showcases Global Legal & Compliance Solutions at Legalweek

FLORHAM PARK, N.J., March 10, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, will host a virtual Investor Briefing on Thursday, March 30, from 11:00 a.m. to 1:00 p.m. ET.

Conduent to Host Virtual Investor Briefing on March 30, 2023

Conduent will display its advanced 3D Fare Gate Solution that enables fast and convenient access for travelers while detecting and deterring ticketing fraud Conduent will display its advanced 3D Fare Gate Solution that enables fast and convenient access for travelers while detecting and deterring ticketing fraud

Conduent Transportation to Showcase Fare Collection Solutions at Transport Ticketing Global 2023

Organizations challenged by lack of internal capabilities and project management to deploy automation solutions despite recognition of the measurable improvements from intelligent automation Organizations challenged by lack of internal capabilities and project management to deploy automation solutions despite recognition of the measurable improvements from intelligent automation

Conduent Research Finds Companies Recognize Power of Intelligent Automation but Need Help with Transformation and Implementation

FLORHAM PARK, N.J., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions company, announced today that it has been chosen by Virgin Atlantic, the U.K. based airline that flies to 27 destinations across four continents, to provide customer experience management (CXM).

Virgin Atlantic Selects Conduent to Support Customer Experience

Conduent Incorporated (NASDAQ:CNDT ) Q4 2022 Earnings Conference Call February 14, 2023 5:00 PM ET Company Participants Giles Goodburn - Vice President, Investor Relations Cliff Skelton - President and Chief Executive Officer Steve Wood - Chief Financial Officer Operator Greetings, and welcome to the Conduent Fourth Quarter 2022 Earnings Announcement. [Operator Instructions] As a reminder, this conference is being recorded.

Conduent Incorporated (CNDT) Q4 2022 Earnings Call Transcript

Conduent Reports Fourth Quarter and Full Year 2022 Financial Results

New Mexico Human Services Department's current Medicaid Management Information System to be replaced with Conduent's modular cloud-based technology platform

News for Conduent Stock (CNDT)