Conduent (NASDAQ:CNDT) Announces Quarterly Earnings Results

Conduent (NASDAQ:CNDT) announced its earnings results on Monday. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.12, FiscalAI reports. The company had revenue of $723.00 million during the quarter, compared to the consensus estimate of $746.67 million. Conduent had a negative net margin of 5.04% and a negative return on equity of 6.87%.

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 Performance

Shares of Conduent stock traded down $0.07 during trading on Wednesday, hitting $1.43. 639,165 shares of the company’s stock were exchanged, compared to its average volume of 1,409,167. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.57 and a current ratio of 1.57. The business has a 50-day simple moving average of $1.46 and a 200-day simple moving average of $1.73. Conduent has a 52-week low of $1.15 and a 52-week high of $2.98. The stock has a market capitalization of $221.02 million, a price-to-earnings ratio of -1.41 and a beta of 1.43.

Wall Street Analysts Forecast Growth

CNDT has been the subject of several recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Conduent in a research note on Monday, April 20th. Noble Financial upgraded shares of Conduent to a “strong-buy” rating in a research note on Tuesday. Finally, Wall Street Zen upgraded shares of Conduent from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. Two research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Insider Buying and Selling

In other Conduent news, Director Michael Fucci bought 60,000 shares of Conduent stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average price of $1.44 per share, with a total value of $86,400.00. Following the completion of the acquisition, the director directly owned 166,102 shares in the company, valued at approximately $239,186.88. This trade represents a 56.55% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Hernandez Margarita Palau bought 50,000 shares of Conduent stock in a transaction that occurred on Wednesday, February 18th. The shares were acquired at an average cost of $1.45 per share, with a total value of $72,500.00. Following the acquisition, the director owned 50,000 shares of the company’s stock, valued at $72,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 337,099 shares of company stock valued at $499,974 over the last 90 days. Insiders own 1.92% of the company’s stock.

Institutional Trading of Conduent

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CNDT. Charles Schwab Investment Management Inc. grew its position in Conduent by 35.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,116,277 shares of the company’s stock valued at $13,663,000 after buying an additional 1,854,266 shares during the period. AQR Capital Management LLC grew its position in shares of 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 purchasing an additional 1,010,373 shares during the period. Armistice Capital LLC acquired a new stake in shares of Conduent in the second quarter valued at about $2,207,000. Russell Investments Group Ltd. grew its position in shares of Conduent by 179.2% in the third quarter. Russell Investments Group Ltd. now owns 994,644 shares of the company’s stock valued at $2,785,000 after purchasing an additional 638,338 shares during the period. Finally, Moore Capital Management LP boosted its position in Conduent by 308.0% during the fourth 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 during the last quarter. Institutional investors and hedge funds own 77.28% of the company’s stock.

About Conduent

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.