Conduent(CNDT) - 2023 Q4 - Earnings Call Presentation

Financial Performance Highlights - Adjusted Revenue for FY 2023 was $3722 million[19] - Adjusted EBITDA for FY 2023 was $378 million, resulting in an Adjusted EBITDA Margin of 102%[19] - New business signings ACV for FY 2023 reached $639 million[19] - Net ARR Activity Impact (TTM) was $62 million[19] Sales Metrics - New Business ARR reached $1000 million[6] - New Business TCV reached $2257 million[22] Outlook and Divestitures - FY 2024 Adjusted Revenue Outlook is projected to be between $3600 million and $3700 million[43] - FY 2024 Adjusted EBITDA Margin Outlook is projected to be between 8% and 9%[43] - The company anticipates $600 million to $800 million in potential divestiture proceeds[46] Balance Sheet - The company's cash balance at the end of Q4 2023 was $519 million[40] - The company repurchased 8841 million shares throughout FY 2023[40]