Conduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States, Europe, and internationally. It operates through three segments: Commercial Industries, Government Services, and Transportation. The Commercial Industries segment offers business process services and customized solutions to clients in various industries; and end-user customer experience management, transaction processing services, healthcare and human resource, and learning services. The Government Services segment provides government-centric business process services to the United States federal, state, local, and foreign governments for public assistance, program administration, transaction processing, and payment services; medical management and fiscal agent care management services; and government healthcare, payment solutions, child support, and federal services. The Transportation segment offers systems and support comprising mission-critical mobility and payment solutions to government clients. This segment also provides electronic tolling, urban congestion management, and mileage-based user solutions; transit solutions; citation and permit administration, parking enforcement, and curbside demand management solutions; and computer-aided dispatch/automatic vehicle location solutions. Conduent Incorporated was founded in 2016 and is headquartered in Florham Park, New Jersey.
IPO Year:
Exchange: NASDAQ
Website: conduent.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/14/2024 | $9.00 | Outperform | Noble Capital Markets |
| 11/9/2021 | Buy → Hold | Needham |
Conduent Incorporated (NASDAQ:CNDT), a global technology-driven business solutions and services company, has been named a Leader in two 2025 NelsonHall Vendor Evaluation & Assessment Tools (NEAT) charts focused on HR & Talent Transformation services: Marketplace Focus on Benefits Administration: Health & Welfare Experience and Engagement Focus on Experience-Led HR Transformation Conduent's NEAT positioning reflects its ability to meet future client needs while delivering immediate benefits, showcasing strengths in: Advanced technology, including GenAI, automation, and AI-driven personalization. Strong partnerships, with seamless integration into Conduent's offerings. Optim
Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (NASDAQ:CNDT), will showcase a range of advanced transit innovations – including its 3D Fare Gate Solution – at the Transport Ticketing North America conference and exposition, June 24-25 in Chicago. Technologies on display at Conduent Transportation's exhibit (Booth #F5) will include: Enhancing Passenger Experience and Combating Fare Evasion Conduent's 3D Fare Gate Solution enables fast and seamless access for passengers while helping transit agencies detect and deter fare evasion. The system uses a computer vision algorithm that accurately distinguishes people
Conduent earns recognition for the third consecutive year, highlighting its dedication to culture, collaboration, and employee well-being Conduent Incorporated (NASDAQ:CNDT), a global technology-driven business solutions and services company, today announced its inclusion in Newsweek's 2025 Global Most Loved Workplaces® list, marking its third consecutive appearance among the Top 100 companies worldwide. Conduent was recognized for its strong workplace culture that is built on trust, respect, purpose, and employee connection. The ranking was developed through research and analysis by Best Practice Institute (BPI), drawing insights from over two million employees globally. "It's an hon
Key Q1 2025 Highlights Revenue and Adj. Revenue(1): $751MPre-tax Income (Loss): $(56)MAdj. EBITDA Margin(1): 4.9%New Business Signings ACV(2): $109MNet ARR Activity Metric(2) (TTM): $116M FLORHAM PARK, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- Conduent Incorporated (NASDAQ:CNDT), a global technology-led business process solutions and services company, today announced its first quarter 2025 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "Conduent had a good start to 2025, especially amidst the broad uncertainty in the macro-economic landscape. Our results are in line with internal expectations and consistent with our 2025 outlook with respect to Adj
Conduent Incorporated (NASDAQ:CNDT), a global technology-driven business solutions and services company, plans to report its first-quarter 2025 financial results on Wednesday, May 7, 2025 before market open. Management will present the results during a conference call and webcast at 9:00 a.m. ET. The call will be available by live audiocast along with the news release and online presentation slides at https://investor.conduent.com. The conference call will also be available by calling 877-407-4019 toll free. If requested, the conference ID is 13752430. The international dial-in is +1 201-689-8337. The international conference ID is also 13752430. A recording of the conference call will
Conduent earns Supplier of the Year honors by GM for the third time Conduent Incorporated (NASDAQ:CNDT), a global technology-driven business solutions and services provider, has been named a 2024 Supplier of the Year by General Motors at GM's 33rd annual Supplier of the Year event in Phoenix, Arizona. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250423760308/en/Jarrod Hooper, Senior Director of Client Management for Finance, Accounting & Procurement at Conduent; Paris Pavlou, Executive Director, Global Purchasing and Manufacturing Services at General Motors; Mike McDaniel, Group President, Commercial Solutions at Conduent "The
New gates will be installed at the Secaucus Junction and Newark Liberty International Airport stations Contract follows a recent agreement with SEPTA to install Conduent's fare gates at nine different transit stations in the nearby Philadelphia area Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (NASDAQ:CNDT), today announced a contract with NJ TRANSIT to install state-of-the-art 3D fare gates across two of its stations in New Jersey. NJ TRANSIT will leverage Conduent's advanced 3D Fare Gate Solution to modernize its infrastructure and enhance the reliability of fare collections. This press release features mult
Conduent's Maven® Disease Surveillance & Outbreak Management System empowers Ireland's Health Service Executive to effectively track and manage public health threats Republic of Ireland becomes the first European Union country to use Maven, following its successful implementations in the United States, United Kingdom and Australia Conduent Incorporated (NASDAQ:CNDT), a global technology-driven business solutions and services company, today announced that the Republic of Ireland's Health Service Executive (HSE) selected the company's Maven® Disease Surveillance & Outbreak Management System to monitor, manage and report infectious diseases. Maven will replace HSE's legacy surveillance syste
Key Q4 and Full Year 2024 Highlights Revenue: Q4 $800M / FY $3,356MAdj. Revenue(1): Q4 $800M / FY $3,176MPre-tax Income (Loss): Q4 $(82)M / FY $504MAdj. EBITDA Margin(1): Q4 4.0% / FY 3.9%New Business Signings ACV(2): Q4 $137M / FY $485MNet ARR Activity Metric(2) (TTM): $92M FLORHAM PARK, N.J., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Conduent Incorporated (NASDAQ:CNDT), a global technology-led business process solutions and services company, today announced its fourth quarter and full year 2024 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "2024 proved to be broadly in line with what we planned for. It was a year we said would be characterized by a c
Conni will be integrated into multiple Conduent platforms to boost clients' productivity, enhance quality, and elevate customer experience Conduent Incorporated (NASDAQ:CNDT), a global leader in technology-driven business solutions and services, launches Conni, an innovative GenAI virtual assistant developed as part of the company's AI initiative. Leveraging Microsoft Azure OpenAI Service, Conni is designed to enhance the quality of results and improve customer experience across Conduent platforms for companies and government agencies. "We will continue to embed AI and generative AI within our solutions to drive functionality. New features like Conni build on Conduent's strategy of inte
Noble Capital Markets initiated coverage of Conduent with a rating of Outperform and set a new price target of $9.00
Needham downgraded Conduent from Buy to Hold
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Key Q1 2025 Highlights Revenue and Adj. Revenue(1): $751MPre-tax Income (Loss): $(56)MAdj. EBITDA Margin(1): 4.9%New Business Signings ACV(2): $109MNet ARR Activity Metric(2) (TTM): $116M FLORHAM PARK, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- Conduent Incorporated (NASDAQ:CNDT), a global technology-led business process solutions and services company, today announced its first quarter 2025 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "Conduent had a good start to 2025, especially amidst the broad uncertainty in the macro-economic landscape. Our results are in line with internal expectations and consistent with our 2025 outlook with respect to Adj
Conduent Incorporated (NASDAQ:CNDT), a global technology-driven business solutions and services company, plans to report its first-quarter 2025 financial results on Wednesday, May 7, 2025 before market open. Management will present the results during a conference call and webcast at 9:00 a.m. ET. The call will be available by live audiocast along with the news release and online presentation slides at https://investor.conduent.com. The conference call will also be available by calling 877-407-4019 toll free. If requested, the conference ID is 13752430. The international dial-in is +1 201-689-8337. The international conference ID is also 13752430. A recording of the conference call will
Key Q4 and Full Year 2024 Highlights Revenue: Q4 $800M / FY $3,356MAdj. Revenue(1): Q4 $800M / FY $3,176MPre-tax Income (Loss): Q4 $(82)M / FY $504MAdj. EBITDA Margin(1): Q4 4.0% / FY 3.9%New Business Signings ACV(2): Q4 $137M / FY $485MNet ARR Activity Metric(2) (TTM): $92M FLORHAM PARK, N.J., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Conduent Incorporated (NASDAQ:CNDT), a global technology-led business process solutions and services company, today announced its fourth quarter and full year 2024 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "2024 proved to be broadly in line with what we planned for. It was a year we said would be characterized by a c
Conduent Incorporated (NASDAQ:CNDT), a global technology-led business solutions and services company, plans to report its fourth-quarter and full-year 2024 financial results on Wednesday, February 12 before market open. Management will present the results during a conference call and webcast at 9:00 a.m. ET. The call will be available by live audio cast along with the news release and online presentation slides at https://investor.conduent.com. The conference call will also be available by calling 877-407-4019 toll free. If requested, the conference ID 13750544. The international dial-in is +1 201-689-8337. The international conference ID is also 13750544. A recording of the confere
Conduent Incorporated (NASDAQ:CNDT), a global technology-led business solutions and services company, plans to report its third-quarter 2024 financial results on Wednesday, November 6 before market open. Management will present the results during a conference call and webcast at 9:00 a.m. ET. The call will be available by live audio cast along with the news release and online presentation slides at https://investor.conduent.com. The conference call will also be available by calling 877-407-4019 toll free. If requested, the conference ID 13748951. The international dial-in is +1 201-689-8337. The international conference ID is also 13748951. A recording of the conference call will be ava
Key Q2 2024 Highlights Revenue: $828MAdj. Revenue(1): $811MPre-tax Income: $300MAdj. EBITDA Margin(1): 3.6%New Business Signings ACV(2): $142MNet ARR Activity Metric(2) (TTM): $(49)M FLORHAM PARK, N.J., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Conduent (NASDAQ:CNDT), a global technology-led business process solutions and services company, today announced its second quarter 2024 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "We are pleased to report that our Adjusted Revenue and Adjusted EBITDA exceeded expectations, with upside from here. Meanwhile, as anticipated, Q2 represented the low point in our previously communicated growth trajecto
Conduent Incorporated (NASDAQ:CNDT), a global technology-led business solutions and services company, plans to report its second-quarter 2024 financial results on Wednesday, August 7, 2024 before market open. Management will present the results during a conference call and webcast at 9:00 a.m. ET. The call will be available by live audio cast along with the news release and online presentation slides at https://investor.conduent.com. The conference call will also be available by calling 877-407-4019 toll free. If requested, the conference ID is 13747159. The international dial-in is +1 201-689-8337. The international conference ID is also 13747159. A recording of the conference call
Key Q1 2024 Highlights Revenue: $921MPre-tax Income: $127MAdj. EBITDA Margin(1): 7.5%New business signings ACV(2): $99MNet ARR Activity Metric(2) (TTM): $17M FLORHAM PARK, N.J., May 01, 2024 (GLOBE NEWSWIRE) -- Conduent (NASDAQ:CNDT), a global technology-led business process solutions and services company, today announced its first quarter 2024 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "Q1 2024 is a continued reflection of progress in our portfolio performance overlaid by timing considerations and variations across our segments. While Revenue exceeded expectations and Adjusted EBITDA/Margin were broadly in line with expectations
Conduent Incorporated (NASDAQ:CNDT), a global technology-led business solutions and services company, plans to report its first-quarter 2024 financial results on Wednesday, May 1, 2024 before market open. Management will present the results during a conference call and webcast at 9:00 a.m. ET. The call will be available by live audio cast along with the news release and online presentation slides at https://investor.conduent.com. The conference call will also be available by calling 877-407-4019 toll free. If requested, the conference ID is 13745034. The international dial-in is +1 201-689-8337. The international conference ID is also 13745034. A recording of the conference call wil
Key Q4 and Full Year 2023 Highlights Revenue and Adj. Revenue(1): Q4 $953M / FY $3,722MPre-tax Income (Loss): Q4 $(4)M / FY $(332)MAdj. EBITDA Margin(1): Q4 10.8% / FY 10.2%New business signings ACV(2): Q4 $152M / FY $639MNet ARR Activity Metric(2) (TTM): $62M FLORHAM PARK, N.J., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Conduent (NASDAQ:CNDT), a global technology-led business process solutions company, today announced its fourth quarter and full year 2023 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "Our Q4 results contributed to a strong finish to 2023, with Adjusted Revenue, Adjusted EBITDA and Adjusted EBITDA Margin exceeding our previously descri
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KING OF PRUSSIA, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- MedRisk, a leader in managed physical rehabilitation in workers' compensation, has completed the acquisition of the Casualty Claims Solutions business, including the portfolio of Strataware® products, services, and technologies, from Conduent Incorporated (NASDAQ:CNDT). The acquired business encompasses workers' compensation and auto casualty bill review solutions and services, including the processing of medical bills and clinical services. Today, the company will be known as StrataCare, a brand with a long and proud history in the industry. This acquisition expands MedRisk's portfolio of care and cost management solutions for work
Civeo Corporation (NYSE:CVEO) announced today that its Board of Directors elected Jay Grewal and Michael Montelongo as members of its Board of Directors effective August 15, 2021. Ms. Grewal has been appointed as a Class III Director with an initial term expiring in May 2023 and will serve on the Company's Audit Committee and Finance and Investment Committee. Mr. Montelongo has been appointed as a Class I Director with an initial term expiring in May 2024 and will serve on the Company's Compensation Committee and Nominating and Corporate Governance Committee. Prior to August 15, 2021, Ms. Grewal and Mr. Montelongo will serve as observers at meetings of the Board. "On behalf of our Board of