"And we keep getting richer but we can't get our picture on the cover of the Rolling Stone". That line from a satiric song by Dr. Hook & the Medicine Show comes to mind when I look at the shareRobert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A resident of Airdrie, Alberta ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

Conduent (CNDT) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 31.58%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.15, delivering a surprise of -66.67%.Over the last four quarters, the company has surpassed cons ...

Conduent (CNDT) Q1 2025 Earnings Call May 07, 2025 09:00 AM ET Company Participants David Chen - Head - Investor RelationsCliff Skelton - President and CEOGiles Goodburn - CFO Conference Call Participants Patrick McCann - Equity Research AnalystChristopher Sakai - AnalystMarc Riddick - Business Services Analyst Operator Greetings. Welcome to the Conduent Q1 twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. The question and answer session will follow the f ...

Conduent (CNDT) Q1 2025 Earnings Call May 07, 2025 09:00 AM ET Company Participants David Chen - Head - Investor RelationsCliff Skelton - President and CEOGiles Goodburn - CFO Conference Call Participants Patrick McCann - Equity Research AnalystChristopher Sakai - AnalystMarc Riddick - Business Services Analyst Operator Greetings. Welcome to the Conduent Q1 twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. The question and answer session will follow the f ...

Financial Data and Key Metrics Changes - Adjusted revenue for Q1 2025 was $751 million, down 8.5% year over year from $821 million in Q1 2024, primarily driven by the government segment [15][19] - Adjusted EBITDA for the quarter was $37 million, slightly up from $36 million in Q1 2024, with an adjusted EBITDA margin of 4.9%, an increase of 50 basis points year over year [15][19] - New business annual contract value (ACV) increased by 14% year over year to $109 million, with total contract value (TCV) up 96% to $280 million [13][14] Business Line Data and Key Metrics Changes - Commercial segment adjusted revenue was $402 million, down 4.1% year over year, with adjusted EBITDA down 11% and EBITDA margin at 10%, down 70 basis points [16][18] - Government segment adjusted revenue decreased by 16% to $216 million, with adjusted EBITDA down 31% to $38 million and an EBITDA margin of 17.6% [18][19] - Transportation segment adjusted revenue was $133 million, down 7.6% year over year, but adjusted EBITDA improved to $6 million from $1 million in Q1 2024, with an EBITDA margin of 4.5% [20] Market Data and Key Metrics Changes - Qualified ACV pipeline increased by 16% year over year to $3.2 billion, with both government and commercial segments showing significant growth [14] - The company reported a strong sales pipeline and improved retention in the government business, indicating a positive outlook for future growth [30] Company Strategy and Development Direction - The company is focused on portfolio rationalization, having completed three divestitures in 2024 that generated nearly $800 million in net proceeds, with plans for further asset sales in 2025 [11][12] - The strategy includes leveraging government opportunities, enhancing AI capabilities, and improving operational efficiencies to drive growth [30][38] - The company aims to reduce debt and increase profitability through capital deployment from divestitures, targeting an optimized portfolio with two operating units [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about achieving guidance numbers for 2025 despite macroeconomic uncertainties, citing minimal exposure to tariffs and a strong government business pipeline [7][24] - The company expects Q2 2025 revenue to be sequentially higher than Q1 but slightly below Q2 2024, with adjusted EBITDA margin projected between 4% and 4.5% [26] - Management highlighted opportunities in fraud reduction and government efficiency initiatives as key growth drivers [36][38] Other Important Information - The company ended the quarter with approximately $293 million in cash and a largely undrawn $550 million revolving credit facility [22] - Adjusted free cash flow for the quarter was negative $74 million, an improvement compared to Q1 2024 [22] - The company incurred $3 million in expenses related to a cyber event, with no material operational impact reported [21][49] Q&A Session Summary Question: Can you elaborate on how government efficiency efforts create opportunities for the company? - Management explained that while federal funds for entitlements are distributed through states, the administrative costs present opportunities for the company to help states improve efficiency and reduce fraud [41][45] Question: What was the impact of the cyber event? - Management confirmed that all costs related to the cyber event are accounted for, with no significant operational impact, and ongoing examination of data is in progress [48][49] Question: Have there been any regulatory hurdles in deploying AI solutions? - Management stated that there have been no regulatory hurdles encountered in deploying AI, particularly in sensitive government or healthcare applications [54][55] Question: What criteria are used for identifying assets for divestiture? - Management indicated that the focus is on identifying assets with scarcity value and maximizing returns from divestitures while balancing debt reduction and reinvestment [60][62] Question: What feedback is being received from state and local contacts regarding opportunities? - Management noted a mixed response from states, with some actively seeking efficiency improvements while others are more cautious, but overall, there is a strong interest in fraud reduction initiatives [73][75]

Conduent Q1 2025 Financial Results May 07, 2025 Cautionary Statements Forward-Looking Statements This document, any exhibits or attachments to this document, and other public statements we make may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "estimate," "expect," expectations," "in front of us," "plan," "intend," "will," "aim," "should," "could," "forecast," "target," "may," "continue to," "looking to continue," ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q _______________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37817 CONDUENT INCORPORATED (Exact Name of Registrant as specified in its ch ...

EXHIBIT 99.1 News from Conduent Conduent Incorporated 100 Campus Drive, Suite 200 Florham Park, NJ 07932 www.conduent.com FLORHAM PARK, NJ, May 7, 2025 - Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions and services company, today announced its first quarter 2025 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "Conduent had a good start to 2025, especially amidst the broad uncertainty in the macro-economic landscape. Our result ...

Key Q1 2025 Highlights Cash Flow from Operating Activities and Adjusted Free Cash Flow, while down year-over-year, are significantly better in Q1 2025 versus Q1 2024 when adjusting for the positive impacts of the tax refund and contributions from divested assets in the prior year period. Additional Q1 2025 Performance Highlights Revenue and Adj. Revenue(1): $751M Pre-tax Income (Loss): $(56)M Adj. EBITDA Margin(1): 4.9% New Business Signings ACV(2): $109M Net ARR Activity Metric(2) (TTM): $116M FLORHAM PARK ...