---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-22-000022"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:33:04.716403+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Conduent Q1 revenue $967M (-6% YoY); net income $136M vs loss; guides FY adj. EBITDA margin 9.5-10.5%

## Summary
- GAAP net income $136M ($0.61 diluted EPS) vs loss of $11M (-$0.06) in Q1 2021, boosted by Midas gain and insurance recoveries.
- Adjusted EBITDA $107M, margin 11.1% (up 70bps YoY); adjusted diluted EPS $0.10, down from $0.15.
- New business TCV signings $464M (+32% YoY); ARR signings $107M; Net ARR Activity Metric $102M (+17%).
- Intends to separate Transportation business via spin-off rather than sale; no timetable provided.
- FY 2022 outlook: Adj. revenue $3,825M-$3,975M; Adj. EBITDA margin 9.5%-10.5% (vs 11.0% in 2021).

## SEC filing metadata
- accession: 0001677703-22-000022
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1677703/000167770322000022/0001677703-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770322000022/cndt-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-22-000022
- JSON: https://secwatch.observer/filing/0001677703-22-000022.json
- Plain text: https://secwatch.observer/filing/0001677703-22-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.