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.

The stock price of Conduent Inc (NASDAQ: CNDT) increased by 6.61% in the most recent trading session. This is why it happened.

Conduent Stock (CNDT): Why The Price Increased

Conduent Inc (NASDAQ: CNDT) agreed to sell its Midas Suite of Solutions for $340 million in cash to symplr. The sale consists of the Midas suite of patient safety, quality, and advanced analytics solutions, including DataVision and Statit.

Conduent To Sell Its Midas Suite of Solutions To symplr For $340M Cash

Transaction expected to close in the first quarter of 2022

Conduent Announces Agreement to Sell its Midas Suite of Solutions to symplr

SANTA MONICA, Calif. and HOUSTON, Jan. 4, 2022 /PRNewswire/ -- symplr ®, a global leader in enterprise healthcare operations including governance, risk management, and compliance ("GRC") SaaS solutions, backed by Clearlake Capital Group, L.P.

SYMPLR TO ACQUIRE MIDAS HEALTH ANALYTICS SOLUTIONS FROM CONDUENT

Company named leader for supporting global HR and integrating service partners Company named leader for supporting global HR and integrating service partners

Conduent Recognized as 2021 Leader in Cloud HR Transformation by NelsonHall

Agreement expands Company's partnership to modernize MMIS that enables ND DHS to serve more than 300,000 North Dakotans Agreement expands Company's partnership to modernize MMIS that enables ND DHS to serve more than 300,000 North Dakotans

Conduent to Upgrade Medicaid Management Information System Technology Infrastructure for North Dakota Department of Human Services

Maven® by Conduent has been selected as the new Case and Incident Management System (CIMS) that will replace the UKHSA's current system Maven® by Conduent has been selected as the new Case and Incident Management System (CIMS) that will replace the UKHSA's current system

UKHSA invests in new system to support response to health threats

Solutions designed to help increase transit ridership while safeguarding public health

Conduent Transportation to Highlight Contactless Public Transit and Fare Collection Technologies at APTA Conference and Expo

Conduent Inc. (CNDT) CEO Cliff Skelton on Q3 2021 Results - Earnings Call Transcript

Conduent (CNDT) delivered earnings and revenue surprises of 5.56% and -1.07%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Conduent (CNDT) Q3 Earnings Surpass Estimates

Conduent Announces Third Quarter Financial Results

Company noted for Customer Experience capabilities and services in Digital Operations, AI/Analytics, Work from Home, Social Media CX

Conduent Named a Leader in 2021 ISG Provider Lens™ Contact Center - Customer Experience Services Reports

Holostop will be demonstrated at APTA's TRANSform Conference & Expo, a public transportation industry event, in Orlando, Florida

Conduent Transportation and MZ Technologie Expand Exclusive Partnership to Offer Holostop® Contactless Button Globally

Recognized for Best Use of Performance Support and Best Learning Team Recognized for Best Use of Performance Support and Best Learning Team

Conduent Earns Two Gold Brandon Hall Group Excellence in Learning Awards

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

Analysts Estimate Conduent (CNDT) to Report a Decline in Earnings: What to Look Out for

Contract supports Washington Healthcare Authority's MMIS modularity goals and value-based payment adoption

Washington Health Care Authority Selects Conduent to Advance MMIS Transformation with Modular Pharmacy Benefit Management Solution

FLORHAM PARK, N.J., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a business process services and solutions company, today announced new and important updates to its comprehensive HSP Core Claims Administration solution for healthcare payers and Third-Party Administrators (TPAs). The latest enhancements will better enable payers and TPAs to accelerate the pace of digital transformation with Business Process as a Service (BPaaS) models that deliver greater operational flexibility and efficiency while supporting member engagement initiatives.

Conduent Enhancements to HSP Core Claims Administration Solution Help Payers Maximize Value through Business Process as a Service Infrastructure

Industry award recognizes Tolls NY app, which allows customers to easily manage their tolling payments and E-ZPass accounts from their smartphone Industry award recognizes Tolls NY app, which allows customers to easily manage their tolling payments and E-ZPass accounts from their smartphone

New York Tolling Authorities Win IBTTA President's Innovation Award for Mobile App Developed with Conduent Transportation

FLORHAM PARK, N.J., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT) plans to report its third-quarter 2021 financial results on Thursday, November 4, 2021, after market close. Management will present the results during a conference call and webcast at 5:00 p.m. ET.

Conduent to Report Third-Quarter 2021 Financial Results on November 4, 2021

FLORHAM PARK, N.J., Oct. 18, 2021 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a business process services and solutions company (the “Company”), today announced it has successfully completed its previously announced debt refinancing. The Company closed its new first lien senior secured credit facilities (“Senior Secured Credit Facilities”) consisting of (a) a term A loan facility in the aggregate principal amount of $265 million with a maturity of five years, (b) a term B loan facility in the aggregate principal amount of $515 million with a maturity of seven years and (c) a revolving loan facility providing up to $550 million with a maturity of five years. Borrowings under the term loan A, term loan B and revolving loan facilities will bear interest, at the borrowers' option, at an annual rate equal to the applicable margin over a base rate or Eurocurrency rate. The applicable margin for the term loan A facility and the revolving loan facility for base rate loans will range from 0.75% to 1.75% per year, depending on the Company's leverage ratio, and for Eurocurrency loans will range from 1.75% to 2.75% per year. The applicable margin for the term loan B facility for base rate loans will be 3.25% per year and for Eurocurrency loans will be 4.25% per year. The Company also closed a private offering of $520 million of 6.000% Senior Secured Notes due 2029 (the “New Notes”). The net proceeds of the Senior Secured Credit Facility, including borrowings of $100 million under the revolving loan facility, and New Notes were used to refinance the Company's existing credit agreement.

Conduent Announces Closing of Refinance of its Existing Term Loans and Revolving Facility

Company highlighted delivery of mission critical customer service that makes a difference in the lives of millions every day Company highlighted delivery of mission critical customer service that makes a difference in the lives of millions every day

Conduent Highlights Commitment to Customer Care During Customer Service Week

Conduent, Getnet and Work Level partner, in conjunction with Visa, to enable access to Metrobús Lines 1, 2 and 3 using contactless credit and debit cards Conduent, Getnet and Work Level partner, in conjunction with Visa, to enable access to Metrobús Lines 1, 2 and 3 using contactless credit and debit cards

Conduent Transportation and Partners Implement Contactless Payment System on Three Mexico City Metrobús Lines

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Genpact

The Zacks Outsourcing industry seeks to benefit from the coronavirus-driven dependency on technology and accelerated adoption of cloud infrastructure. G, CNDT and BBSI are well-positioned to witness most of the surge in demand.

3 Stocks Worth Buying From the Promising Outsourcing Space

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