Conduent (NASDAQ:CNDT) Releases Quarterly Earnings Results, Beats Expectations By $0.12 EPS

Conduent (NASDAQ:CNDT) posted its earnings results on Monday. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.12, FiscalAI reports. The business had revenue of $723.00 million during the quarter, compared to analyst estimates of $746.67 million. Conduent had a negative return on equity of 8.03% and a negative net margin of 5.59%.

Here are the key takeaways from Conduent’s conference call:

• Conduent reported Adjusted EBITDA of $49 million and an Adjusted EBITDA margin of 6.8% (up 190 bps YoY) and has identified an initial plan to cut $100 million of costs over 18 months, targeting sustained margins above 10%.
• Sales momentum included $114 million of Q1 ACV wins (commercial >$48M; government >$66M) and a qualified ACV pipeline of $3.5 billion (up 10% YoY), with management expecting better pipeline conversion in H2.
• Revenue pressures persist — Q1 revenue fell 3.7% YoY to $723 million and the 2026 revenue guide of $2.8–$2.9 billion reflects continued commercial segment deterioration, where revenue was down 10.2% due mainly to volume declines and lost clients.
• Management is accelerating AI deployments — including fraud detection, GenAI agent assist and the branded chatbot “Connie” — and reports tangible cost savings and higher client engagement that should support margins and service quality.
• Portfolio optimization is underway with management expecting proceeds from identified divestitures to be north of $200 million in 2026, providing optionality to pay down debt, repurchase stock, or reinvest in growth.

Conduent Stock Down 3.4%

Shares of Conduent stock opened at $1.70 on Tuesday. The business’s 50 day simple moving average is $1.46 and its 200-day simple moving average is $1.74. The stock has a market capitalization of $263.67 million, a price-to-earnings ratio of -1.52 and a beta of 1.43. Conduent has a twelve month low of $1.15 and a twelve month high of $2.98. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.97.

Insider Buying and Selling

In related news, CEO Harshavardhan V. Agadi purchased 117,099 shares of the company’s stock in a transaction on Friday, February 20th. The shares were bought at an average price of $1.56 per share, with a total value of $182,674.44. Following the completion of the acquisition, the chief executive officer owned 337,099 shares of the company’s stock, valued at approximately $525,874.44. This represents a 53.23% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Michael Fucci acquired 60,000 shares of Conduent stock in a transaction on Thursday, February 19th. The shares were purchased at an average cost of $1.44 per share, with a total value of $86,400.00. Following the completion of the purchase, the director directly owned 166,102 shares of the company’s stock, valued at approximately $239,186.88. This represents a 56.55% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders acquired 337,099 shares of company stock worth $499,974. Corporate insiders own 1.92% of the company’s stock.

Institutional Trading of Conduent

A number of large investors have recently made changes to their positions in CNDT. Charles Schwab Investment Management Inc. lifted its holdings in shares of Conduent by 35.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,116,277 shares of the company’s stock worth $13,663,000 after buying an additional 1,854,266 shares in the last quarter. AQR Capital Management LLC grew its stake in Conduent by 136.5% in the second quarter. AQR Capital Management LLC now owns 1,750,748 shares of the company’s stock valued at $4,622,000 after acquiring an additional 1,010,373 shares during the period. Armistice Capital LLC bought a new stake in Conduent during the second quarter worth $2,207,000. Russell Investments Group Ltd. raised its position in Conduent by 179.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 994,644 shares of the company’s stock valued at $2,785,000 after buying an additional 638,338 shares during the last quarter. Finally, Moore Capital Management LP grew its stake in shares of Conduent by 308.0% in the 4th quarter. Moore Capital Management LP now owns 502,627 shares of the company’s stock worth $965,000 after acquiring an additional 379,438 shares in the last quarter. Institutional investors own 77.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of Conduent from a “sell” rating to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Conduent in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Conduent Company Profile

Conduent Incorporated is a global provider of diversified business process services with a focus on delivering digital platforms and automation solutions. The company serves clients across a variety of industries including healthcare, transportation, public sector, financial services and human resources. By combining technology-enabled services with data analytics and artificial intelligence, Conduent helps organizations streamline operations, enhance customer experiences and improve overall efficiency.

Key offerings from Conduent encompass customer engagement and transaction processing, digital payment solutions, eligibility and enrollment services for health and welfare programs, and workforce management tools.