Financial Performance - Revenue for Q2 2021 was $1,026 million, a slight increase from $1,016 million in Q2 2020, while total revenue for the six months ended June 30, 2021, was $2,054 million, down from $2,067 million in the same period last year[10]. - Net income for Q2 2021 was $12 million, compared to a net loss of $51 million in Q2 2020, indicating a significant improvement in profitability[10]. - Basic earnings per share for Q2 2021 was $0.05, recovering from a loss of $0.25 per share in Q2 2020[10]. - Total operating costs and expenses decreased to $1,007 million in Q2 2021 from $1,080 million in Q2 2020, reflecting a cost reduction strategy[10]. - The company reported a comprehensive income of $15 million for Q2 2021, compared to a loss of $47 million in the same quarter last year[12]. - Total consolidated revenue for Q2 2021 was $1,026 million, a slight increase from $1,016 million in Q2 2020, representing a growth of 1%[37]. - Net income for Q2 2021 was $1 million, a significant improvement from a net loss of $100 million in Q2 2020[19]. - Adjusted EBITDA for Q2 2021 was $128 million, compared to $110 million in Q2 2020, reflecting a growth of 16%[52]. - The company reported a total operating costs and expenses of $2,044 million in Q2 2021, down from $2,182 million in Q2 2020[114]. - The effective tax rate for Q2 2021 was 38.2%, up from 20.3% in Q2 2020[130]. Cash and Liquidity - Cash and cash equivalents as of June 30, 2021, were $450 million, indicating a stable liquidity position[17]. - Cash provided by operating activities was $103 million, compared to cash used in operating activities of $118 million in the same period last year[19]. - Cash, cash equivalents, and restricted cash at the end of the period were $403 million, down from $437 million at the end of Q2 2020[19]. - As of June 30, 2021, total cash and cash equivalents were $397 million, down from $450 million as of December 31, 2020[160]. - The company believes its cash on hand, projected cash flow from operations, and revolving line of credit will meet business obligations for at least the next twelve months[162]. Debt and Liabilities - Long-term debt remained significant at $1,420 million, highlighting the company's leverage position[17]. - Payments on debt totaled $79 million in Q2 2021, compared to $28 million in the same quarter last year[19]. - As of June 30, 2021, the Company had long-term debt of $1,340 million, a decrease from $1,420 million as of December 31, 2020[59]. - The Company redeemed all previously outstanding $34 million Senior Notes due 2024 on May 1, 2021, incurring a $2 million loss on extinguishment of debt[59]. - Total debt outstanding as of June 30, 2021, was $1.4 billion, with $89 million due within one year[161]. Revenue Segments - Revenue from Commercial Industries segment was $503 million in Q2 2021, down from $520 million in Q2 2020, a decrease of 3%[50]. - Government Services segment revenue increased to $338 million in Q2 2021 from $331 million in Q2 2020, a growth of 2%[50]. - Transportation segment revenue rose to $185 million in Q2 2021, compared to $165 million in Q2 2020, an increase of 12%[50]. - Commercial Industries revenue for Q2 2021 decreased to $503 million, a decline from $520 million in Q2 2020, representing a 3.3% decrease[140]. - Government Services revenue for Q2 2021 increased to $338 million, up from $331 million in Q2 2020, reflecting a 2.1% increase[140]. - Transportation revenue for Q2 2021 was $185 million, compared to $165 million in Q2 2020, marking a 12.1% increase[140]. Operational Efficiency - The company continues to focus on improving efficiencies and reducing costs through its business process services[28]. - The company experienced increased volumes in its Government Services Solutions offering, primarily due to Federal stimulus payments[116]. - Unallocated costs for Q2 2021 increased due to higher employee costs, partially offset by efficiency initiatives[153]. Market Risks and Legal Matters - The ongoing impact of the COVID-19 pandemic continues to pose risks and uncertainties for future operations and financial results[2]. - The impact of the COVID-19 pandemic remains a consideration, with ongoing evaluations of estimates and assumptions affecting financial reporting[31]. - The company is involved in a class action lawsuit alleging violations of federal securities laws, with claims seeking unspecified monetary damages for the period from February 21, 2018, to November 6, 2018[78]. - The company is engaged in litigation with Cognizant Business Services Corporation, seeking damages in excess of $150 million due to alleged breaches of contract[83]. - The company continues to cooperate with federal and state agencies regarding various matters related to student loans, with potential for future legal actions[84]. - The company intends to vigorously defend itself against ongoing litigation and believes it has strong defenses against the claims made[80]. Business Growth - New business total contract value (TCV) signings reached $775 million in Q2 2021, a 24% increase year-over-year[108]. - Annual recurring revenue signings were $115 million in Q2 2021, a 10% increase compared to the prior year[108]. - The Company signed $775 million of new business in Q2 2021, a 24% increase compared to $623 million in Q2 2020[155]. - Total Contract Value (TCV) signings for the six months ended June 30, 2021, reached $1,131 million, a 19% increase from $947 million in the same period of 2020[156]. - The total new business pipeline at the end of June 30, 2021, was $21.0 billion, down from $22.0 billion at the end of June 30, 2020[159].

Conduent Investor Deck May 2021 Cautionary Statements Forward-Looking Statements This document contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "estimate," "expect," "plan," "intend," "will," "aim," "should," "could," "forecast," "target," "may," "continue to," "if," "growing," "projected," "potential," "likely," and similar expressions, as they relate to us, are intended to identify forwardlooking statements, but th ...

May 5, 2021 Conduent Q1 2021 Earnings Results Cautionary Statements Forward-Looking Statements This document contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "estimate," "expect," "plan," "intend," "will," "aim," "should," "could," "forecast," "target," "may," "continue to," "if," "growing," "projected," "potential," "likely," and similar expressions, as they relate to us, are intended to identify forwardlooking stat ...

Conduent Incorporated (NASDAQ:CNDT) Q1 2021 Results Earnings Conference Call May 5, 2021 4:15 PM ET Company Participants Alan Katz - VP of IR Brian Webb-Walsh - Executive VP & CFO Clifford Skelton - President, CEO Steve Wood - Corporate Controller, incoming CFO Conference Call Participants Ashley Ellis - Cross Research Bryan Bergin - Cowen Puneet Jain - JPMorgan Operator Greetings, and welcome to the Conduent First Quarter 2021 Earnings Results Conference Call. At this time, all participants are in a listen ...

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, 2021 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 ________________________________________________ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________ FORM 10-K _________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2020 ☐ 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 ...

February 18, 2021 Conduent Q4 and Full Year 2020 Earnings Results Cautionary Statements Forward-Looking Statements This document contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "estimate," "expect," "plan," "intend," "will," "aim," "should," "could", "may," "continue to," "if," "growing," "projected," "potential," "likely," and similar expressions, as they relate to us, are intended to identify forward-looking state ...

Conduent Incorporated (NASDAQ:CNDT) Q4 2020 Earnings Conference Call February 18, 2021 5:00 PM ET Company Participants Alan Katz - Vice President of Investor Relations Cliff Skelton - President & Chief Executive Officer Brian Webb-Walsh - Chief Financial Officer Conference Call Participants Jared Levine - Cowen & Company Mayank Tandon - Needham & Company Shannon Cross - Cross Research Group LLC Puneet Jain - JPMorgan Chase & Co. Operator Greetings and welcome to the Conduent Fourth Quarter 2020 Results Conf ...

Conduent Investor Deck November 2020 Cautionary Statements Forward-Looking Statements This document contains "forward-looking statements", as defined in the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. The words "anticipate," "believe," "estimate," "expect," "plan," "intend," "will," "aim," "should," "could", "may," "continue to," "if," "growing," "projected," "potential," "likely," and similar expressions, as they relate to us, are intended to identify forward-loo ...

Conduent Incorporated (NASDAQ:CNDT) Q3 2020 Earnings Conference Call November 5, 2020 5:00 PM ET Company Participants Alan Katz - Vice President of Investor Relations Cliff Skelton - Chief Executive Officer Brian Walsh - Chief Financial Officer Conference Call Participants Shannon Cross - Cross Research Puneet Jain - JPMorgan Kyle Peterson - Needham Operator Good day and welcome to the Conduent's Third Quarter 2020 Earnings Results Conference Call. All participants will be in a listen-only mode. [Operator I ...