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Conduent (CNDT) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 14:16
Conduent (CNDT) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 46.15%. A quarter ago, it was expected that this company would post a loss of $0.15 per share when it actually produced a loss of $0.09, delivering a surprise of 40%. Over the last four quarters, the company has surpassed con ...
Conduent(CNDT) - 2024 Q2 - Quarterly Report
2024-08-07 12:04
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: June 30, 2024 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 _________________________________________________ ...
Conduent(CNDT) - 2024 Q2 - Quarterly Results
2024-08-07 12:01
EXHIBIT 99.1 News from Conduent Conduent Incorporated 100 Campus Drive, Suite 200 Florham Park, NJ 07932 www.conduent.com | --- | |--------------------------------------------------------------------| | | | Conduent Reports Second Quarter 2024 Financial Results | | Key Q2 2024 Highlights | | • Revenue: $828M | | • Adj. Revenue : $811M (1) | | • Pre-tax Income: $300M | | (1) • Adj. EBITDA Margin : 3.6% | | (2) • New Business Signings ACV : $142M | | (2) • Net ARR Activity Metric (TTM): $(49)M | FLORHAM PARK, ...
Conduent Reports Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-07 12:00
Key Q2 2024 Highlights Revenue: $828M Adj. Revenue(1): $811M Pre-tax Income: $300M Adj. EBITDA Margin(1): 3.6% New Business Signings ACV(2): $142M Net ARR Activity Metric(2) (TTM): $(49)M FLORHAM PARK, N.J., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a global technology-led business process solutions and services company, today announced its second quarter 2024 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "We are pleased to report that our Adjusted ...
Fast-paced Momentum Stock Conduent (CNDT) Is Still Trading at a Bargain
Zacks Investment Research· 2024-05-14 13:51
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. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...
HealthEquity Closes Acquisition of BenefitWallet HSA Portfolio
Newsfilter· 2024-05-14 11:30
About HealthEquity HealthEquity and its subsidiaries administer HSAs and various other consumer-directed benefits for over 16 million accounts, working in close partnership with employers, benefits advisors, and health and retirement plan providers who share our unwavering commitment to our mission to save and improve lives by empowering healthcare consumers. Through cutting-edge solutions, innovation, and a relentless focus on improving health outcomes, we empower individuals to take control of their healt ...
Conduent(CNDT) - 2024 Q1 - Quarterly Report
2024-05-02 15:54
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 Florham Park, New Jersey 07932 (Address of principal executive offices) (Zip Code) CONDUENT INCORPORATED (Exact Name of Registrant as specified in its charter) New York 81-2983623 For the quarterly period ended: March 31, 2024 (State or other jurisdiction of incorporation or or ...
Conduent(CNDT) - 2024 Q1 - Earnings Call Transcript
2024-05-01 17:16
Conduent, Inc. (NASDAQ:CNDT) Q1 2024 Earnings Conference Call May 1, 2024 9:00 AM ET Company Participants Giles Goodburn - VP, Corporate FP&A and IR Stephen Wood - EVP, CFO & Principal Accounting Officer Clifford Skelton - President, CEO & Director Conference Call Participants Patrick McCann - Noble Capital Markets Marc Riddick - Sidoti & Company Operator Greetings, and welcome to the Conduent Q1 2024 Earnings Announcement. [Operator Instructions]. As a reminder, this conference is being recorded. It is now ...
Conduent(CNDT) - 2024 Q1 - Quarterly Results
2024-05-01 12:01
EXHIBIT 99.1 CONDUENT INCORPORATED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED) Three Months Ended | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------|-------|----------------------|---------|------------| | (in millions, except per share data) \nRevenue | $ | March \n2024 \n921 | 31, \n$ | 2023 \n922 | | | | | | | | Operating Costs and Expenses | | | | | | Cost of services (excluding depreciation and amortization) ...
Conduent Forms Generative AI Partnership With Microsoft
PYMNTS· 2024-04-29 18:34
Business solutions and services company Conduent launched an artificial intelligence-focused agreement with Microsoft.The partnership, announced in a Monday (April 29) press release, will begin by exploring generative AI use for healthcare claims management, customer service and fraud detection.“Generative AI has the power to transform how businesses and organizations operate — serving as a force-multiplier to improve efficiencies and enhance customer experiences across a range of industries,” Svetlana Rezn ...