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Conduent Inc (CNDT.N)

CNDT.N on New York Stock Exchange

18.73USD
23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Conduent Reports Q4 EPS From Cont Ops $0.98
Wednesday, 21 Feb 2018 06:45am EST 

Feb 21 (Reuters) - Conduent Inc ::CONDUENT REPORTS FOURTH QUARTER AND FY 2017 RESULTS; IN-LINE REVENUE AND STRONG PERFORMANCE ON ADJUSTED EBITDA AND FREE CASH FLOW; FY 2018 GUIDANCE REAFFIRMS LONG-TERM GOALS.Q4 ADJUSTED EARNINGS PER SHARE $0.31 FROM CONTINUING OPERATIONS.Q4 REVENUE FELL 1.4 PERCENT TO $1.493 BILLION.Q4 EARNINGS PER SHARE VIEW $0.24, REVENUE VIEW $1.49 BILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 ADJUSTED EBITDA UP 8-12 PERCENT.SEES FY2018 REVENUE ON CONSTANT CURRENCY BASIS DOWN 3 PERCENT TO FLAT.CONDUENT - HEADCOUNT OF ABOUT 90,000 AS OF DEC. 31, 2017 VERSUS ABOUT 96,000 AS OF DEC. 31, 2016.CONDUENT - TOTAL CONTRACT VALUE SIGNINGS OF $1,730 MILLION FOR QUARTER WERE UP 4 PERCENT.CONDUENT Q4 EARNINGS PER SHARE FROM CONTINUING OPERATIONS $0.98 .  Full Article

Conduent Reports Q4 EPS Of $0.81 From Continuing Operations
Wednesday, 21 Feb 2018 06:45am EST 

Feb 21 (Reuters) - Conduent Inc ::CONDUENT REPORTS FOURTH QUARTER AND FY 2017 RESULTS; IN-LINE REVENUE AND STRONG PERFORMANCE ON ADJUSTED EBITDA AND FREE CASH FLOW; FY 2018 GUIDANCE REAFFIRMS LONG-TERM GOALS.Q4 ADJUSTED EARNINGS PER SHARE $0.31 FROM CONTINUING OPERATIONS.Q4 REVENUE FELL 1.4 PERCENT TO $1.493 BILLION.Q4 EARNINGS PER SHARE $0.81 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE VIEW $0.24, REVENUE VIEW $1.49 BILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 ADJUSTED EBITDA UP 8-12 PERCENT.SEES FY2018 REVENUE ON CONSTANT CURRENCY BASIS DOWN 3 PERCENT TO FLAT.CONDUENT - HEADCOUNT OF ABOUT 90,000 AS OF DEC. 31, 2017 VERSUS ABOUT 96,000 AS OF DEC. 31, 2016.CONDUENT - TOTAL CONTRACT VALUE SIGNINGS OF $1,730 MILLION FOR QUARTER WERE UP 4 PERCENT.  Full Article

Conduent Says Co Entered Into Definitive Settlement Agreement With State Of New York Regarding Resolution Of HE Platform Project​
Wednesday, 29 Nov 2017 04:46pm EST 

Nov 29 (Reuters) - Conduent Inc ::CONDUENT- ‍ON NOV. 28, CO ENTERED INTO DEFINITIVE SETTLEMENT AGREEMENT WITH STATE OF NEW YORK REGARDING RESOLUTION OF HE PLATFORM PROJECT​.CONDUENT SAYS UNDER TERMS OF SETTLEMENT COMPANY'S CONTRACT WITH STATE OF NEW YORK WILL TERMINATE EFFECTIVE DECEMBER 15, 2017 - SEC FILING.CONDUENT INC - ALSO UNDER TERMS OF SETTLEMENT COMPANY WILL PAY, OR INCUR COSTS ON BEHALF OF, STATE OF NEW YORK IN AMOUNT OF APPROXIMATELY $20.2 MILLION.  Full Article

Conduent reports Q3 ‍adjusted EPS $0.22​
Wednesday, 8 Nov 2017 06:55am EST 

Nov 8 (Reuters) - Conduent Inc :Conduent Inc qtrly ‍adjusted EPS $0.22​.Conduent Inc qtrly ‍GAAP loss per share $0.09​.Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Conduent Inc - ‍Q3 2017 revenues were $1,480 million, down 7% compared to Q3 2016​.Q3 earnings per share view $0.20, revenue view $1.51 billion -- Thomson Reuters I/B/E/S.Conduent Inc sees ‍ FY 2017 free cash flow 20 percent - 30 percent of adjusted EBITDA​.Conduent Inc - ‍ Targeting an additional $250 million to $500 million of revenue for potential divestiture in near term​.Conduent Inc sees ‍ FY 2017 revenue on a constant currency basis down 4.5 percent - 6.5 percent​.Conduent Inc - ‍ Now expecting restructuring costs of $90 million - $95 million for full year 2017​.Conduent Inc - ‍Headcount of approximately 90,000 as of September 30, 2017 compared with approximately 96,000 as of December 31, 2016.  Full Article

Conduent reports Q2 loss per share $0.03
Wednesday, 9 Aug 2017 06:53am EDT 

Aug 9 (Reuters) - Conduent Inc :Conduent Inc - second quarter 2017 revenues were $1,496 million, down 7% compared to Q2 2016 - sec filing‍​.Conduent Inc - headcount of approximately 89,000 as of June 30, 2017 compared with approximately 96,000 as of December 31, 2016.‍conduent Inc - expect to meet $430 million of cumulative strategic transformation savings targets by end of FY 2017 ​.Conduent Inc qtrly loss per share $0.03; qtrly adjusted earnings per share $0.16 ‍​.Q2 earnings per share view $0.16, revenue view $1.50 billion -- Thomson Reuters I/B/E/S.Conduent Inc - ‍reaffirming revenue, adjusted EBITDA, free cash flow guidance ranges for fy 2017​‍​.Conduent Inc - "Made solid progress in stabilizing our other segment and still expect this segment to be break-even by mid-2018"‍​.  Full Article

Greenlight Capital takes share stake of 6 mln shares in Conduent Inc
Monday, 15 May 2017 06:01pm EDT 

May 15 (Reuters) - Greenlight Capital Inc::Greenlight Capital Inc takes share stake of 6 million shares in Conduent Inc.Greenlight Capital Inc - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Carl Icahn takes shared share stake in Conduent
Monday, 15 May 2017 04:47pm EDT 

May 15 (Reuters) - Carl Icahn:Carl Icahn takes shared share stake in Conduent Inc of 19.8 million shares.Carl Icahn - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Conduent posts Q1 adj. earnings per share $0.16
Wednesday, 10 May 2017 07:21am EDT 

May 10 (Reuters) - Conduent Inc :Quarterly adjusted earnings per share $0.16.Conduent inc says Q1 2017 revenues were $1.55 billion, down 8 percent, or 7 percent in constant currency, compared to Q1 2016 - SEC filing.Sees adjusted ebitda up 5pct-6pct for 2017.Conduent Inc sees 2017 revenue down 4.5-6.5pct.Conduent Inc sees FY 2017 free cash flow as 20 percent - 30 percent of adjusted EBITDA.Qtrly total diluted loss per share $ 0.04.Q1 earnings per share view $0.16, revenue view $1.57 billion -- Thomson Reuters I/B/E/S.Conduent inc - headcount of approximately 90,000 as of March 31, 2017 compared with approximately 96,000 as of March 31, 2016.  Full Article

Conduent Inc enters into amendment no. 1 to credit agreement
Tuesday, 11 Apr 2017 05:50pm EDT 

Conduent Inc : Conduent Inc- on April 7 entered into amendment no. 1 to credit agreement, dated as of December 7, 2016 . Conduent Inc - CBS was required to pay term B lenders a 1pct principal prepayment fee on $847.9 million principal balance in amount of $8.5 million . Conduent Inc- repricing of term B loan interest rate is expected to result in "substantial" interest cost savings over life of term B loan . Conduent Inc - repricing amendment did not impact outstanding principal balance or maturity date of term B loan facility . Conduent Inc - as a result of repricing amendment, term B loan interest rate was reduced by 1.5pct from 5.5pct over libor to 4.0pct over Libor .Conduent Inc - repricing amendment did not impact any material terms of $700 million term a loan facility, revolving loan facility under credit agreement.  Full Article

Conduent reports 4th-qtr adjusted earnings of $0.29 per share
Wednesday, 22 Feb 2017 06:56am EST 

Conduent Inc : Conduent announces fourth quarter and full-year 2016 results; reaffirms long-term outlook . Quarterly GAAP loss per share $4.69 . Fourth quarter 2016 GAAP revenue was $1.514 billion, fourth quarter adjusted revenue was $1.597 billion . Q4 earnings per share view $0.23, revenue view $1.62 billion -- Thomson Reuters I/B/E/S .Quarterly adjusted earnings per share of $0.29.  Full Article

BRIEF-Conduent Reports Q4 EPS From Cont Ops $0.98

* CONDUENT REPORTS FOURTH QUARTER AND FY 2017 RESULTS; IN-LINE REVENUE AND STRONG PERFORMANCE ON ADJUSTED EBITDA AND FREE CASH FLOW; FY 2018 GUIDANCE REAFFIRMS LONG-TERM GOALS