CNDT | Conduent Incorporated Common Stock Financials - Income Statement
This article provides comprehensive financial data and related insights for Conduent Incorporated (CNDT), focusing on its income statement. It details congressional trading activity related to CNDT, institutional ownership, and extensive corporate lobbying expenditures across various issues, as well as government contracts awarded to the company. The report also includes an overview of Conduent's business, its segments, and analyst ratings.
Conduent to Sell Public Transit Business to Modaxo for $164 Million, With Holdbacks
Conduent has agreed to sell its public transit and fare collection business to Modaxo for $164 million. The deal includes various holdbacks, such as a $10 million one-year holdback for NTA and indemnities, and a $12 million special holdback tied to customer milestones. This divestiture is expected to streamline Conduent's portfolio and sharpen its strategic focus.
Transit fare and fleet systems shift to Modaxo in Conduent’s $164M sale
Conduent Incorporated has entered into a definitive agreement to sell its Public Transit business, which includes Transit Fare Management and Fleet Management Solutions, to Modaxo for $164 million. This strategic move aims to simplify Conduent's portfolio, focus on core businesses, and strengthen its financial foundation. The transaction is expected to close before the end of 2026, subject to customary conditions and regulatory approvals, while Conduent retains its Tolling business segment.
Conduent to sell public transit unit to Modaxo for $164 million By Investing.com
Conduent Incorporated announced it will sell its Public Transit business to Modaxo for $164 million. This move is part of Conduent's strategy to simplify its portfolio and strengthen its financial foundation, especially given its substantial debt. The transaction is expected to close by the end of 2026, and Conduent will retain its Tolling business segment.
Conduent Announces Agreement to Sell Its Public Transit Business to Modaxo for $164 Million
Conduent Incorporated announced it has entered into a definitive agreement to sell its Public Transit business, an operating unit of Conduent Transportation, to Modaxo for $164 million. This transaction is expected to close before the end of 2026, subject to customary conditions and regulatory approvals, and aligns with Conduent's strategy to simplify its portfolio and strengthen its financial foundation. Conduent will retain ownership of its Tolling business segment.
Conduent Agrees to Sell Public Transit Business to Modaxo for $164 Million
Conduent has announced an agreement to sell its Public Transit Business to Modaxo for $164 million. The transaction is expected to streamline Conduent's operations, focusing on its core services. This sale reflects a strategic move for Conduent in managing its business segments.
Conduent (CNDT) Sells Public Transit Business for $164 Million
Conduent Inc (CNDT) has agreed to sell its Public Transit division to Modaxo for $164 million, a move expected to streamline operations and focus on its core Tolling business. The company, with a market cap of $248.15 million, is currently experiencing negative earnings but has a low price-to-sales ratio of 0.08, potentially indicating undervaluation. Despite a moderate GF Score™ of 54, insider activity shows 5 buys in the last 12 months, suggesting management confidence amid challenges in profitability and growth.
Modaxo Enters into Agreement to Acquire the Public Transit Business from Conduent
Modaxo Inc. has signed a definitive agreement to acquire the Public Transit Business from Conduent Incorporated, pending closing conditions. This acquisition includes Conduent's Transit Fare Management and Fleet Management Solutions, which aim to enhance public transit systems by boosting revenue, reducing fare evasion, and improving reliability. Modaxo, a global technology organization, focuses on delivering software and technology solutions for moving people worldwide.
Conduent (NASDAQ: CNDT) inks $164M deal to divest its Public Transit unit
Conduent (NASDAQ: CNDT) has announced a definitive agreement to sell its Public Transit business to Modaxo for $164 million, with the transaction expected to close by the end of 2026. This divestment is part of Conduent's strategy to simplify its portfolio, focus on core businesses, and strengthen its financial position. Conduent will retain its Tolling business, which processes over 14 million tolling transactions daily.
Conduent Appoints Adam Demuyakor to Board of Directors
Conduent Incorporated has announced the appointment of Adam Demuyakor to its Board of Directors, effective June 1, 2026. Demuyakor, a technology investor and digital transformation leader, brings expertise in AI, innovation, and enterprise technology strategy. His appointment aims to broaden the board's skills and perspectives, enhancing effective governance and long-term value creation for the company.
Conduent Inc stock (US20678V1035): new tech investor on board as market watches next strategic steps
Conduent Inc. is appointing technology investor Adam Demuyakor to its board of directors, effective June 1, 2026, signaling a focus on modernization amid mixed financial results. Despite recent revenue softness, the business process services company exceeded EPS expectations, indicating strong cost control. Investors are watching how this board addition and continued technology investments will impact the company's path to profitable growth and stock valuation.
Tech investor Adam Demuyakor joins Conduent (NASDAQ: CNDT) board
Conduent Incorporated (NASDAQ: CNDT) has announced the appointment of technology investor Adam Demuyakor to its Board of Directors, effective June 1, 2026. Demuyakor, Founder and Managing Partner of Wilshire Lane Capital, brings expertise in generative AI, enterprise software, fintech, and governmental enterprise governance, and will serve on the Compensation, Risk Oversight, and Corporate Governance Committees. This move is aimed at broadening the board's skills and perspectives, enhancing its focus on innovation, enterprise modernization, and AI-enabled technologies for long-term value creation.
Conduent stock (US20678V1035): earnings update and shifting strategy draw investor attention
Conduent (CNDT) has released its latest quarterly results, emphasizing its strategy to reshape its portfolio by focusing on digital platforms and government-related services. The company's business model revolves around providing outsourced transaction processing, customer experience, and government/transportation solutions, with revenue driven by long-term contracts and transaction-based pricing. Investors are interested in how Conduent balances efficiency initiatives, technological investments, and competitive market pressures to achieve sustainable growth and margin improvement.
Conduent stock (US20678V1035): healthcare recovery push keeps services group in focus
Conduent is enhancing its healthcare services by introducing a new payer recovery model to streamline how insurers manage overpayments and aging claims, alongside its larger strategy of shifting towards higher-margin digital services. This initiative, highlighted in May 2026, aims to improve efficiency through structured triage and automation, thereby strengthening client relationships and potentially boosting growth in key markets. The article also touches on Conduent's established position in public sector digitalization and business process outsourcing, noting opportunities and risks for US investors.
Conduent Incorporated 2026 Q1 - Results - Earnings Call Presentation (NASDAQ:CNDT)
Conduent Incorporated (NASDAQ: CNDT) released its Q1 2026 earnings, reporting an EPS of -$0.11, which beat estimates by $0.08. However, the company's revenue of $723.00 million missed expectations by $23.50 million, representing a 3.73% year-over-year decrease. This article provides the earnings call presentation slides published by Conduent.
Conduent Shareholders Back Board, Auditor and Executive Pay
Conduent (CNDT) shareholders have elected all director nominees, ratified PricewaterhouseCoopers LLP as the 2026 independent auditor, and approved the 2025 executive compensation program during their Annual Meeting on May 14, 2026. These decisions signal strong support for the company's current board and governance, potentially providing stability for future strategic execution. Despite these endorsements, TipRanks’ AI Analyst, Spark, rates CNDT as Neutral due to weak financial performance and continued revenue pressure, though it acknowledges positive outlooks related to margin improvement and cost reduction plans.
Conduent (NASDAQ: CNDT) investors back board, auditor and 2025 executive pay
Conduent Incorporated shareholders held their Annual Meeting on May 14, 2026, where they elected all director nominees with strong support. They also ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026 and approved, on an advisory basis, the 2025 compensation for the company's Named Executive Officers. These outcomes indicate broad shareholder agreement with the company's governance and executive pay structure.
Conduent (CNDT) Loss Narrowing To US$33 Million Tests Long Term Margin Narratives
Conduent (CNDT) reported Q1 2026 revenue of US$723 million and an EPS loss of US$0.23, with its net loss narrowing to US$33 million from previous quarters. While quarterly losses have reduced, overall revenue has also declined, challenging narratives around margin improvement and profitability despite efficiency gains from cost control and AI. The company's trailing 12-month figures show a substantial net loss compared to a previous profit, leading to differing bullish and bearish outlooks focusing on loss reduction, revenue decline, and valuation against its DCF fair value.
Conduent outlines $100M cost reduction plan over 18 months while targeting $2.8B-$2.9B 2026 revenue
Conduent (NASDAQ:CNDT) has announced a significant cost reduction plan aiming for $100 million in savings over the next 18 months. This initiative is designed to improve profitability and drive growth, with the company targeting revenues between $2.8 billion and $2.9 billion by 2026. The plan reflects a strategic effort to streamline operations and enhance financial performance.
Conduent Inc stock (US20678V1035): Q1 2026 earnings beat estimates on improved EBITDA
Conduent Inc (Nasdaq: CNDT) reported its Q1 2026 financial results, with revenue declining 3.7% year-over-year to $723 million, but Adjusted EBITDA increasing 32.4% to $49 million, surpassing analyst expectations. The company also announced a strategic cost review aimed at achieving $100 million in savings over 18 months, emphasizing its focus on profitability and operational efficiencies. Despite revenue dips, profitability gains were driven by cost initiatives and growth in government and transportation segments, signaling ongoing transformation efforts.
Earnings call transcript: Conduent Inc. beats EPS forecasts in Q1 2026
Conduent Inc. (CNDT) reported better-than-expected EPS of -$0.07 for Q1 2026, surpassing analyst forecasts, though revenue fell short at $723 million. The company showcased improved adjusted EBITDA and is focusing on cost reduction, portfolio optimization, AI initiatives, and strategic partnerships for future growth. Executives highlighted their confidence in achieving over $200 million in divestiture proceeds in 2026 and project flat to positive revenue growth and increased Adjusted EBITDA for 2027.
Conduent Reports Significantly Improved First Quarter 2026 Financial Results
Conduent Incorporated announced significantly improved financial results for the first quarter of 2026, marking the beginning of a transformation strategy focused on cost reduction, technology optimization, and enhanced market approach. The company reported improved pre-tax income, Adjusted EBITDA, and cash flow from operating activities, benefiting from strong performance in Government and Transportation segments. Conduent also highlighted key contract renewals and industry recognition, providing an outlook for continued financial improvement into 2027.
CONDUENT Inc 1Q 2026: Revenue $723M, EPS ($0.23) — 10-Q Summary
CONDUENT Inc (CNDT) reported first-quarter fiscal 2026 results with revenue of $723M, down 3.7% year-over-year, and a diluted loss per share of ($0.23), an improvement from ($0.33) in the prior year. The company saw a net loss of ($33M), a 35.3% improvement from the previous year. Revenue decline was attributed to lower volumes in the Commercial segment, partially offset by growth in Government and Transportation segments, alongside continued portfolio rationalization and efficiency efforts.
Narrower Q1 2026 loss at Conduent (NASDAQ: CNDT) as margins improve
Conduent (NASDAQ: CNDT) reported a narrower net loss of $33 million in Q1 2026, down from $51 million a year prior, despite a 4% revenue decrease to $723 million. This improvement was driven by cost optimization, including the absence of $25 million in prior-year cyber event costs, leading to an increase in Adjusted EBITDA to $49 million from $37 million. The company highlighted new business in Government and Transportation segments, offsetting declines in Commercial segments, and maintained a solid liquidity position with $228 million in cash.
Missouri Alleges Conduent is Stonewalling State on Hack
Missouri regulators are investigating a 2024 data breach at Conduent Business Services, which impacted at least 25 million individuals. The state alleges Conduent is withholding critical information needed to assess the breach's impact on Missouri insurance consumers. Conduent, however, states it is cooperating while navigating legal and contractual obligations, arguing it provides notice on behalf of clients but lacks visibility into which clients are licensees with the Missouri Department of Commerce and Insurance.
Conduent Inc stock (US20678V1035): AI?driven process automation gains traction in 2026
Conduent Inc. is gaining attention for its AI-powered approach to digital business process automation, reporting $18 million in client savings in early 2026. The company, trading as CNDT on Nasdaq, offers services in customer experience, transaction processing, mobility, transportation, and digital government. Investors are watching to see if these efficiency gains will translate into sustainable revenue growth and margin improvements, offering exposure to outsourced, technology-enabled business processes for U.S. investors.
Executive VP Adam Appleby to leave Conduent (NASDAQ: CNDT) role
Conduent Incorporated announced that Executive Vice President Adam Appleby informed the company on May 1, 2026, of his resignation from his role in Public Sector Solutions, effective May 19, 2026. Appleby is leaving to pursue other professional endeavors and will assist with the transition until his departure date. The company confirmed that his resignation is not due to any disagreement regarding financial reporting, operations, policies, or practices.
Conduent's AI tools found clients over $18M in savings in 6 months
Conduent Incorporated announced that its GenAI-powered solutions, including FastCap® Finance Analytics and an Agentic AI-powered autonomous sourcing platform, identified over $18 million in finance and procurement savings for clients in just six months. These tools help accelerate contract intake, verify compliance, identify procurement savings, and manage tail spend. George Wehbe, President of Commercial Solutions, highlighted that these solutions deliver real benefits for financial teams by capturing significant savings, improving spend management, and preventing leakage.
IBTTA summit spotlights Conduent push to protect agency revenue
Conduent recently participated in the IBTTA Technology Summit, where it presented strategies to help tolling and mobility agencies modernize operations and secure revenue. The company highlighted solutions aimed at enhancing the efficiency of transportation infrastructure. This engagement reinforces Conduent's commitment to integrating advanced technology and focusing on customer interaction within the industry.
Miller Value Partners stakes 6.463% in CONDUENT (NASDAQ: CNDT)
Miller Value Partners, LLC and William H. Miller IV have reported a beneficial ownership of 10,023,930 shares of CONDUENT (NASDAQ: CNDT) Common Stock, representing 6.463% of the class. The shares are held by clients of Miller Value Partners, LLC, with both the firm and William H. Miller IV exercising shared voting and dispositive power. This disclosure was made via a Schedule 13G filing with the SEC, indicating a passive investment rather than an intent to control the company.
Conduent (CNDT) to Release Earnings on Monday
Conduent (NASDAQ:CNDT) is scheduled to announce its Q1 2026 earnings before market open on Monday, May 11th. Analysts are forecasting an EPS of ($0.19) and revenue of $746.50 million, following a Q4 2025 miss where the company reported ($0.09) EPS against a ($0.06) consensus. Despite weak fundamentals and negative financial metrics, insider buying and high institutional ownership suggest continued interest in the low-market-cap stock.
Conduent to Report First-Quarter 2026 Financial Results on May 11, 2026
Conduent Incorporated (Nasdaq: CNDT) announced it will report its first-quarter 2026 financial results on Monday, May 11, 2026, after market close. The company will host a conference call and webcast at 5:00 p.m. ET to discuss the results, with details provided for access via live audiocast and phone. A recording of the call will be available until May 25, 2026.
Conduent to Report First-Quarter 2026 Financial Results on May 11, 2026
Conduent Incorporated (Nasdaq: CNDT) announced it will report its first-quarter 2026 financial results on Monday, May 11, 2026, after market close. Management will host a conference call and webcast at 5:00 p.m. ET to present the results. The company provides digital business solutions and services across commercial, government, and transportation sectors, leveraging advanced technologies like AI and machine learning.
Conduent schedules May 11 earnings call, webcast at 5 p.m. ET
Conduent Incorporated (Nasdaq: CNDT) will report its first-quarter 2026 financial results on Monday, May 11, 2026, after market close. The company will host a conference call and webcast at 5:00 p.m. ET to present these results, accessible via live audiocast on their investor relations website or by phone. A recording of the call will be available for two weeks following the event.
Conduent urges organizations to balance AI adoption and human elements in HR
Conduent is advising organizations to find a balance between incorporating AI and automation in human resources, while still preserving the crucial human elements. The company highlights that while AI can streamline HR processes and optimize benefits, employees continue to demand empathy, clarity, and personal connection. Conduent encourages firms to implement strategies that leverage AI efficiencies without sacrificing the essential human touch in HR.
AG Paxton seeks information for BCBS; Conduent data breach
The article reports that Texas Attorney General Ken Paxton is seeking information regarding a data breach involving Blue Cross Blue Shield and Conduent. Further details about the breach or the specific information Paxton is seeking are not provided.
Conduent collaborates with EBT Community Council to advance program reliability
Conduent is participating in the EBTSummit2026 in Arlington, partnering with the EBT Community Council to improve the reliability and experience of Electronic Benefit Transfer (EBT) programs for states. The company will showcase its approaches to delivering better EBT solutions at its booth. This initiative aligns with Conduent's broader focus on organizational development and public sector programs, as evidenced by recent internal career growth stories.
Conduent to attend Business Group on Health 2026 Annual Conference with new Smarter Health blueprint
Conduent will participate in the Business Group on Health 2026 Annual Conference, engaging with healthcare leaders to discuss industry trends. The company plans to unveil its 2026 Blueprint for Smarter Health, promoting innovative approaches within the sector. This participation aligns with Conduent's ongoing engagement in industry events and its commitment to development and thought leadership.
Conduent Named a Leader in Everest Group’s 2026 Healthcare Payer Intelligent Operations PEAK Matrix® Assessment
Conduent has been recognized by Everest Group as a Leader in its 2026 Healthcare Payer Intelligent Operations PEAK Matrix® Assessment. The assessment highlights Conduent's platform-led delivery, embedded GenAI capabilities, and strategic ecosystem partnerships, which contribute to strong client satisfaction. This recognition underscores Conduent's commitment to providing AI-enabled, platform-based operating models to address the evolving complexities and cost pressures within the healthcare payer market.
Is Conduent (CNDT) Trading at a Deep Discount to Long-Term Fundamentals?
Miller Value Partners' Deep Value Strategy highlighted Conduent Incorporated (NASDAQ: CNDT) in its Q1 2026 investor letter, despite it being a top detractor during the quarter. The firm believes CNDT shares are deeply discounted and mispriced relative to its long-term fundamental value, with the company undergoing a multi-year transformation under a new CEO aimed at accelerating cost reductions and enhancing free cash flow. While acknowledging near-term risks, Miller Value Partners increased its position, seeing significant upside potential not reflected in the current share price.
12 Industrials Stocks Moving In Monday's After-Market Session
This article lists 12 industrials stocks that experienced significant movement in Monday's after-market session. Gainers include Momentus, FBS Global, Volato Group, Conduent, Jewett-Cameron Trading, and Bloom Energy, some with notable percentage increases. Losers include Smart Powerr, Rectitude Holdings, OFA, iPower, DevvStream, and Linkers Industries, which saw declines.
Customer priorities in AI powered services come into focus as Conduent launches interactive poll
Conduent has launched an interactive poll to understand customer priorities regarding AI integration into daily services and experiences. This initiative aims to align AI development with consumer expectations and follows Conduent's previous communications about workforce development and organizational priorities. The company encourages public participation to help guide the ethical and practical application of artificial intelligence.
Conduent outlines five steps to drive enterprise AI beyond pilot phase
Conduent has identified five key steps to help organizations scale enterprise AI initiatives beyond the pilot phase and achieve measurable business impact. The company emphasizes that successfully scaling AI requires structured methodologies to transition from pilot programs to large-scale deployment. Conduent also recently highlighted its commitment to employee career growth and international advancement, signaling a broader focus on organizational development alongside technological scaling.
Dimensional Fund Advisors (CNDT) reports 7.6M shares, 4.9% ownership
Dimensional Fund Advisors has filed an amended Schedule 13G/A, disclosing beneficial ownership of 7,601,314 shares, or 4.9%, of Conduent Inc. as of March 31, 2026. The filing indicates that these shares are held by Funds managed by Dimensional, with the firm disclaiming beneficial ownership, characterizing it as a passive investment. Dimensional maintains sole voting power over 7,402,318 shares and sole dispositive power over all 7,601,314 shares.
Conduent Inc stock: What investors need to know before the 2026 AGM
This article provides an in-depth look at Conduent Inc (ISIN: US20678V1035) ahead of its 2026 annual shareholder meeting. It covers the company's business model in business process services, its market position, governance plans, and the industry drivers shaping its future. The piece also offers insights into analyst views, competitive landscape, and potential risks for investors considering Conduent stock.
Conduent Inc stock: What investors need to know before the 2026 AGM
Conduent Inc, a business process services company, is holding its 2026 annual general meeting on May 14, a key event for investors to assess its governance, compensation plans, and strategic direction. The company specializes in technology-driven solutions for governments and businesses, offering stable revenue streams. Investors should monitor the AGM outcomes, contract momentum, and the company's ability to navigate technological changes and competitive pressures in the BPO landscape.
[DEFR14A] CONDUENT Inc Revised Proxy Statement
Conduent Incorporated filed a revised proxy statement (DEFR14A) to correct minor clerical errors regarding auditor fees and pagination. The virtual 2026 Annual Meeting is scheduled for May 14, 2026, where shareholders will vote on the election of five directors, ratification of PricewaterhouseCoopers LLP as the auditor, and an advisory vote on 2025 executive compensation. The Board unanimously recommends voting "FOR" all proposals and has outlined key financial metrics, executive compensation details (including a new CEO transition), and corporate governance practices.
Conduent (CNDT) CFO granted RSU and PRSU performance stock units
Conduent Inc.'s EVP and CFO, Giles Andrew Goodburn, was granted 375,939 restricted stock units (RSUs) and 187,969 performance restricted stock units (PRSUs) on April 1, 2026. The RSUs vest in equal installments through December 2028, while PRSUs require continued employment and achievement of specific average stock price conditions ranging from $2.50 to $5.00 per share by December 31, 2028. Following these awards, Goodburn directly holds 945,699 shares of Conduent common stock.
Conduent Says Data Breach Bigger Than Previously Reported
Conduent has reported that its previously disclosed data breach is significantly larger than initially thought, affecting an additional 112,000 New Hampshire customers. This brings the total number of impacted individuals to 293,000 since the breach was first announced in February. Compromised information includes names and Social Security numbers.
CNDT SEC Filings - Conduent Inc 10-K, 10-Q, 8-K Forms
This page provides access to Conduent Incorporated's (NASDAQ: CNDT) official regulatory documents, including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms. It details the types of information found in these filings, such as financial condition, risk factors, governance, and significant corporate actions. The platform also offers AI-powered tools to summarize and analyze these complex financial documents for investors.
