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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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 will provide on- and off-street parking civil enforcement officers while managing on- and off-street pay and display machines Contract marks an important expansion of Conduent's parking enforcement services in the UK FLORHAM PARK, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced its selection by Reading Borough Council in the UK to provide on- and off-street parking enforcement services.

Conduent Transportation Selected by Reading Borough Council, UK, to Provide Parking Enforcement Services

Conduent Inc., a global technology-led business solutions and services company, launched its latest Finance, Accounting, and Procurement (FAP) software solution, FastCap Finance Analytics, the company said Thursday (Oct. 19). The platform aims to uncover hidden working capital, enabling businesses to free up cash for operations, enhance financial security, and support growth.

Conduent Launches FastCap Finance Analytics Working Capital Tool

In 12 months, across 17 clients, FastCap has delivered $69 million in cost savings In 12 months, across 17 clients, FastCap has delivered $69 million in cost savings

Conduent's Newest Software Solution for Finance, Accounting and Procurement Combines Technology and Expertise to Find Hidden Capital

FLORHAM PARK, N.J., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, plans to report its third-quarter 2023 financial results on Wednesday, November 1 at 9:00 a.m. ET.

Conduent to Report Third-Quarter 2023 Financial Results on Nov. 1, 2023

FLORHAM PARK, N.J., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions and services company, today announced Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has recognized Conduent as a “Leader” in its 2023 ISG Provider Lens™— Customer Experience Services report.

Conduent CX Recognized as Leader in 2023 ISG Provider Lens for Customer Experience Services for Third Consecutive Year

FLORHAM PARK, N.J., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions and services company, has been selected by the Texas Health and Human Services Commission (HHSC) for Medicaid Claims processing and support.

State of Texas Selects Conduent to Provide Medicaid Claims Solution on its Cloud-Native Modular Platform

Conduent Incorporated provides business process outsourcing services to global organizations. The company is facing spending headwinds in its Commercial Industries segment. I remain Neutral [Hold] on Conduent Incorporated until management can reignite revenue growth.

Conduent Faces Further Client Spending Headwinds

Research reveals Retail/eCommerce brands can't be distracted by emerging technology or communications channels Research reveals Retail/eCommerce brands can't be distracted by emerging technology or communications channels

Conduent CX Research Finds Strong CX Fundamentals Are Essential for Maximum Impact in the Retail/eCommerce Consumer Relationship

Company recognized for CX automation, strong BPaaS portfolio enabling end-to-end services and dominance in the government segment Company recognized for CX automation, strong BPaaS portfolio enabling end-to-end services and dominance in the government segment

Conduent Maintains a Leader Ranking in Everest Group Healthcare Payer Operations PEAK Matrix® Assessment

Conduent Incorporated (NASDAQ:CNDT ) Q2 2023 Results Conference Call August 2, 2023 9:00 AM ET Company Participants Giles Goodburn - VP, IR Cliff Skelton - President and CEO Steve Wood - CFO Operator Good morning, and welcome to the Conduent Second Quarter 2023 Earnings Announcement. [Operator Instructions] As a reminder, this conference is being recorded.

Conduent Incorporated (CNDT) Q2 2023 Earnings Call Transcript

Key Q2 2023 Highlights Revenue and Adj. Revenue(1): $915M Pre-tax Income (Loss): $(7)M Adj.

Conduent Reports Second Quarter 2023 Financial Results

Conduent to feature its AI-Powered DriveSafe ® Enforcement System used to encourage motorists to slow down in school zones

Conduent Transportation to Highlight Technology Solutions that Protect School Children at Florida Police Chiefs Association Conference

WESTLAKE, Texas--(BUSINESS WIRE)--SCHWAB RETIREMENT PLAN SERVICES EXPANDS DEFINED BENEFIT & DEFERRED COMPENSATION PLAN CAPABILITIES THROUGH SUPPORT AGREEMENTS WITH CONDUENT & NEWPORT.

Schwab Retirement Plan Services Expands Defined Benefit and Deferred Compensation Plan Capabilities Through Support Agreements With Conduent and Newport

As a technical integrator, Conduent is the first Business Process Solutions company to use the national network from the FedNow Service to connect companies and government agencies with their customers and constituents As a technical integrator, Conduent is the first Business Process Solutions company to use the national network from the FedNow Service to connect companies and government agencies with their customers and constituents

Conduent to Offer U.S. Federal Reserve's FedNow℠ Service for Instant Payments

FLORHAM PARK, N.J., July 19, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, plans to report its second-quarter 2023 financial results on Wednesday, Aug. 2 prior to market open. Management will present the results during a conference call and webcast at 9:00 a.m. ET.

Conduent to Report Second-Quarter 2023 Financial Results on Aug. 2, 2023

FLORHAM PARK, N.J., July 11, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced scoring 100 on the Disability Equality Index® (DEI) earning the title of a “Best Place to Work for Disability Inclusion” for the second consecutive year.

Conduent Recognized by Disability Equality Index as “Best Place to Work for Disability Inclusion”

FLORHAM PARK, N.J., July 06, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced it has been honored by Comparably with a Best Leadership Team award.

Conduent Recognized by Comparably with Best Leadership Team Award

Report highlights company's use of automation and advanced analytics to enhance member services, claims administration and provider network management Report highlights company's use of automation and advanced analytics to enhance member services, claims administration and provider network management

Conduent Named a Leader in Healthcare Payer Operational Transformation by NelsonHall

Company's epidemiologists and community health experts to demonstrate how data and technology connect disease surveillance, outbreak management and community health Company's epidemiologists and community health experts to demonstrate how data and technology connect disease surveillance, outbreak management and community health

Conduent Highlights Leading Solutions for Public and Community Health Organizations at Council of State and Territorial Epidemiologists Conference

Leading technology-led business solutions provider brings its client offerings and new employment opportunities to the market Leading technology-led business solutions provider brings its client offerings and new employment opportunities to the market

Conduent Expands European Presence to Greece

Conduent eDiscovery capabilities further enhanced with cloud-based solution Conduent eDiscovery capabilities further enhanced with cloud-based solution

Conduent Teams with Relativity to Expand eDiscovery Capabilities Offering

Pilot project of the new technology will begin on a Verona airport bus line this month Pilot project of the new technology will begin on a Verona airport bus line this month

Conduent Transportation Selected to Provide New EMV Contactless Payment Technology for Buses in Verona, Italy

The 100 global companies are recognized for employee sentiment and satisfaction The 100 global companies are recognized for employee sentiment and satisfaction

Conduent Named to Newsweek's Top 100 Global Most Loved Workplaces for 2023

Conduent's loan management solutions support clients with operational excellence across a loan's life cycle Conduent's loan management solutions support clients with operational excellence across a loan's life cycle

Conduent Presents Financing Solutions to Support Lenders at NAF Association Non-Prime Auto Financing Conference

Progress made across environmental, social and governance initiatives through Conduent's people, technology and solutions

News for Conduent Stock (CNDT)