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CNDT CONDUENT News Story

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TechnologyAdventurousSmall CapNeutral

Conduent Q2 revenue misses estimates; adjusted EBITDA rises

Overview

Conduent Q2 revenue fell 8.9% yr/yr, missing analyst expectations

Adjusted EPS for Q2 beat estimates, showing a 7.1% improvement

Adjusted EBITDA margin rose to 4.9% from 3.1%, indicating improved efficiency

Outlook

Conduent expects FY 2025 adjusted revenue of $3.1 bln to $3.2 bln

Company anticipates FY 2025 adjusted EBITDA margin of 5.0% to 5.5%

Government decisions may unlock opportunities for Government segment

Result Drivers

DIVESTITURES - Revenue decline attributed to divestiture-driven gains from BenefitWallet and Curbside Management sales

TRANSPORTATION SEGMENT - Investments in technology platforms accelerated performance in Transportation segment

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 Revenue$754 mln
Q2 Adjusted RevenueMiss$754 mln$763.70 mln (3 Analysts)
Q2 Adjusted EPSBeat-$0.13-$0.14 (2 Analysts)
Q2 EPS-$0.26
Q2 Net Income-$40 mln
Q2 Adjusted EBITDA$37 mln
Q2 Adjusted EBITDA Margin4.9%
Press Release: ID:nGNX4wRdN6 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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