CNDT Stock Recent News

Conduent, Inc. (NASDAQ:CNDT ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Giles Goodburn - VP & IR Steve Wood - CFO Clifford Skelton – President & CEO Conference Call Participants Patrick McCann - Noble Capital Markets Marc Riddick - Sidoti & Company Unknown Participant - Singular Research Operator Welcome to the Conduent's Second Quarter 2024 Earnings Conference Call. [Operator Instructions].

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.

Key Q2 2024 Highlights Revenue: $828M Adj. Revenue(1): $811M Pre-tax Income: $300M Adj.

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced the completion of a modernized toll collection infrastructure for the Ohio Turnpike. Conduent upgraded 216 lanes on the 241-mile-long turnpike to include self-service and collector-operated toll plazas, as well as open-road, automated tolling options for vehicles using E-ZPass® transponders. The new syst.

Conduent is undergoing a transition to improve profitability and growth, through divestitures and debt reduction. Despite revenue declines, potential profitability could lead to excellent results for shareholders, making it a Buy. I have a one-year price target of $4.14, which would be a 24.32% gain on the July 3, 2024 close of $3.33.

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated named a market leader in 2024 NelsonHall Evaluation and Assessment Tool (NEAT) for CX Services Transformation.

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated announced it will participate in the Singular Research Summer Solstice Conference.

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT) (the “Company” or “Conduent”), a global technology-led business solutions and services company, today announced that it entered into and consummated a share purchase agreement (the “Purchase Agreement”) to repurchase all of the shares of the Company's common stock beneficially owned by Carl C. Icahn through certain of his affiliates (the “Icahn Parties”) at a purchase price of $3.47 per share, the closing price of the Com.

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced the company has been selected by the Colorado Department of Health Care Policy and Financing (the Department) to provide Business Intelligence and Data Management (BIDM) technology services. Under terms of the new contract, Conduent will take over, manage and enhance a modular enterprise data warehouse solution to support advanced data analy.

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Publishes 2023 Corporate Social Responsibility Report Progress made through Conduent's people, technology and solutions.