FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated plans to report its fourth-quarter and full-year 2025 financial results on Thursday, February 12 before market open. ...

Everest Group, Ltd., an underwriting organisation offering reinsurance and specialty insurance solutions, announced the appointment of Christopher Kujawa as Executive Vice President and Chief Human Resources Officer, effective January 20, 2026.Kujawa will report to Jim Williamson, President and Chief Executive Officer, and will become a member of Everest’s Executive Leadership Team.He will assume the role from Gail Van Beveren, Interim Chief Human Resources Officer, who will stay on for a brief transition p ...

Core Insights - The market is witnessing a potential multi-year outperformance cycle for low-valuation equities and small caps, which have lagged for about a decade [2] - Value stocks outperformed growth stocks by 269-724 basis points across all market caps in Q4 [3] - The concentration of large-cap technology stocks has increased significantly, with the top 12 AI-linked stocks adding approximately $15 trillion in market cap since the launch of ChatGPT in 2022, while their revenue growth was only $650 billion [5] Market Performance - In Q4, value stocks across various market caps showed significant outperformance compared to growth stocks, with the Russell Top 200 value stocks returning 3.81% versus 1.12% for growth, resulting in a 2.69% difference [4] - Small caps have shown signs of recovery, with earnings growth slightly exceeding that of larger companies for the first time in thirteen quarters [7] - The Deep Value Select strategy returned +5.09% in the last quarter, outperforming both the S&P 1500 Value Index and the S&P 600 Value Index [12] Capital Expenditure Trends - The five largest AI hyperscalers have seen their combined capital expenditures rise from $97 billion in 2020 to approximately $400 billion in 2025, with expectations of exceeding $600 billion by 2027 [6] - Technology sector capital expenditures as a percentage of U.S. GDP are projected to surpass the peak of 1.2% seen in 2000 [6] Company-Specific Insights - Nabors Industries improved its balance sheet significantly, reducing debt leverage from over 6x to near 2x, and is well-positioned to benefit from a potential increase in global rig demand [14][17] - JELD-WEN is undergoing a multi-year transformation to improve profitability, despite facing challenges in the housing market [19] - Conduent is in the midst of a multi-year transformation, focusing on streamlining operations and reducing debt, with a significant portion of its shares repurchased [20][24] Valuation Insights - Small caps are currently trading at a forward 1-year price-to-earnings multiple that is 30% lower than large caps, indicating a potential for valuation expansion [8] - The valuation spread between large-cap growth and small-cap value is near historical extremes, suggesting that small-cap value may be poised for outperformance [12]

Core Viewpoint - Conduent Incorporated has appointed Harsha V. Agadi as the new Chief Executive Officer, effective immediately, succeeding Cliff Skelton, who has stepped down from his roles [1][2]. Leadership Changes - Harsha V. Agadi will also step down as Chairman of the Board, with Margarita Paláu-Hernández appointed as the new independent Chair [1]. - Cliff Skelton expressed gratitude for his tenure and indicated that the company is well-positioned for future growth [2]. Executive Background - Harsha V. Agadi has over 35 years of executive leadership experience and has served as CEO of six companies in the past 25 years [3][4]. - Agadi joined Conduent's Board in 2025 and previously led its Audit Committee [3]. - Margarita Paláu-Hernández is the Founder and CEO of Hernández Ventures and has served on various boards, including Icahn Enterprises [6][7]. Company Overview - Conduent provides digital business solutions and services across commercial, government, and transportation sectors, focusing on enhancing customer experiences and operational efficiencies [9][10]. - The company employs approximately 53,000 associates and processes significant volumes of transactions, including $85 billion in government payments annually and nearly 13 million tolling transactions daily [10].

Core Insights - Conduent Incorporated has launched an AI Experience Center at its headquarters in Florham Park, New Jersey, aimed at showcasing AI and GenAI-powered solutions to clients [1][2] Group 1: AI Experience Center - The AI Experience Center is designed as a collaborative space for clients to explore solutions that enhance business process performance, customer satisfaction, and financial outcomes [2] - Solutions offered at the center are tailored for commercial, transportation, and government clients, covering areas such as customer experience, document processing, and fraud mitigation [2][5] Group 2: Strategic Partnerships - Conduent has partnered with Microsoft to leverage the Azure OpenAI Service, accelerating innovation in areas like end-user engagement and healthcare claims processing [3][4] - The company has also formed strategic partnerships with other technology leaders to enhance its solution capabilities, including procurement savings and employee guidance during open enrollment [5] Group 3: Advanced AI Solutions - The AI Experience Center features demonstrations that highlight Conduent's ability to address complex industry challenges through transformative technologies [6] - Solutions are organized into three functional areas: improving end-user interactions, streamlining core operations, and optimizing enterprise functions, with examples including real-time translation and automated fraud detection [6][7] Group 4: Company Overview - Conduent provides digital business solutions across commercial, government, and transportation sectors, utilizing cloud computing, AI, and advanced analytics [7] - The company employs approximately 53,000 associates and processes significant volumes of transactions, including $85 billion in government payments annually and 2.3 billion customer service interactions [7]

MILAN & FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Launches Italy's First Integrated Transit EMV Contactless Payment System with Brescia Mobilità and Arriva Italia. ...

Core Insights - The collaboration between Solutions by Text (SBT) and Conduent aims to enhance loan servicing through the integration of SBT's mobile messaging platform into Conduent's Loan Manager, focusing on improving operational performance and customer satisfaction [1][2][3] Group 1: Partnership Objectives - The partnership addresses the increasing demand for efficient, mobile-first communication, leveraging SBT's SMS, MMS, and RCS messaging capabilities to enhance automated loan servicing workflows [2][3] - The integration is expected to reduce resolution times for servicing issues, increase on-time payments, and improve the overall borrower experience [2][3] Group 2: Company Strengths - Conduent is recognized for its leadership in digital loan management, automation, AI, and analytics, while SBT specializes in consumer finance messaging solutions [3] - SBT's FinText™ platform is designed to facilitate frictionless messaging in the consumer finance sector, aligning with the growing trend of digital-first financial technologies [3] Group 3: Market Expectations - Consumers increasingly expect real-time engagement via mobile devices, making traditional communication methods like email and phone calls less effective [4] - The partnership aims to enhance loan management by providing secure, customer-centric technology that fosters meaningful conversations between lenders and borrowers [4] Group 4: Operational Efficiency - The collaboration is projected to boost operational efficiency for clients by automating routine communications and reducing collection costs, thereby delivering a digital-first experience [4]

Core Insights - Donovan Jones is an IPO research specialist with 15 years of experience in identifying high-quality IPO opportunities [1] - He leads the investing group IPO Edge, which provides actionable information on growth stocks through various resources including IPO filings, previews, calendars, and a comprehensive guide to IPO investing [1] Company and Industry Summary - IPO Edge offers a database of U.S. IPOs and tracks the entire IPO lifecycle from filing to listing, including quiet period and lockup expiration dates [1]

Core Insights - Conduent reported a quarterly loss of $0.09 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.07, but an improvement from a loss of $0.14 per share a year ago [1] - The company's revenues for the quarter ended September 2025 were $767 million, missing the Zacks Consensus Estimate by 3.44% and down from $807 million year-over-year [2] - Conduent's stock has underperformed significantly, losing about 45.1% since the beginning of the year compared to the S&P 500's gain of 14.3% [3] Financial Performance - Over the last four quarters, Conduent has surpassed consensus EPS estimates two times [2] - The current consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $829.33 million, while for the current fiscal year, it is -$0.29 on revenues of $3.13 billion [7] Industry Outlook - The Outsourcing industry, to which Conduent belongs, is currently ranked in the top 13% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Conduent's stock performance [5]

Core Insights - Conduent Inc's shares fell significantly following the release of its third-quarter 2025 earnings, reflecting disappointing financial results [1][2]. Financial Performance - The company reported revenue of $767 million, a decrease of 5% year-over-year, and below the analyst estimate of $794.33 million. Adjusted revenue also stood at $767 million, down 1.8% [2]. - GAAP diluted EPS was a loss of 30 cents, compared to earnings of 72 cents a year earlier. Adjusted EPS reported a loss of nine cents, missing the consensus estimate of a seven cents loss but showing improvement from a 14 cents loss a year earlier [2]. - Adjusted EBITDA increased to $40 million, with a margin expanding to 5.2% from 4.1% in the prior year, indicating operational improvement despite challenging revenue trends [3]. Cash Flow and Debt - Operating cash flow for the quarter was negative $39 million, and adjusted free cash flow was negative $54 million. At the end of the quarter, the company had $264 million in cash and $198 million of unused capacity in its renewed credit facility. Total debt reached $713 million [4]. - The company repurchased approximately 4.7 million shares during the quarter, demonstrating a commitment to returning value to shareholders despite ongoing challenges [4]. Business Developments - New business signings in Annual Contract Value (ACV) reached $111 million, and the Net ARR Activity Metric (TTM) was $25 million, reflecting positive momentum in pipeline and recurring revenue growth efforts [3]. - Highlights included refinancing of its credit facility, payoff of Term Loan A, a new Pay-by-Plate tolling contract, expansion of operations in the Philippines, and integration of GenAI-powered analytics into its finance solutions [6]. Outlook - For the full year 2025, Conduent lowered its adjusted revenue guidance to $3.05 billion–$3.10 billion, down from a prior range of $3.10 billion–$3.20 billion, and below the consensus estimate of $3.129 billion. The adjusted EBITDA margin outlook remains at 5%–5.5% [7]. - CEO Cliff Skelton expressed confidence in the company's strategic trajectory, noting that 87% of the $1 billion capital allocation target has been achieved, and emphasized the firm's ample liquidity through cash reserves and a renewed credit facility [8].