---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-22-000041"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T18:43:37.721624+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Conduent Q3 revenue $977M (-5.9% YoY); adj. EPS $0.09 vs $0.19; FY outlook lowered

## Summary
- Q3 GAAP net income $15M ($0.06 diluted EPS) vs $11M ($0.04) a year ago; adjusted diluted EPS fell 52.6% to $0.09.
- Adjusted EBITDA margin 10.7% (down 100 bps YoY); Adj. EBITDA $105M vs $119M.
- New business ACV $191M, fifth consecutive quarterly increase; Net ARR Activity TTM $70M.
- Full-year 2022 outlook: Adj. revenue $3.85B-$3.95B (from $4.07B in 2021); Adj. EBITDA margin 10.0%-10.5%.
- Operating cash flow $98M (+78.2% YoY); Adj. free cash flow $78M (+239% YoY); cash balance $587M.

## SEC filing metadata
- accession: 0001677703-22-000041
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1677703/000167770322000041/0001677703-22-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770322000041/cndt-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-22-000041
- JSON: https://secwatch.observer/filing/0001677703-22-000041.json
- Plain text: https://secwatch.observer/filing/0001677703-22-000041.txt

## Key facts
- Earnings Releases
  CONDUENT Inc reported fiscal year 2022 results: revenue $3,850M - $3,950M.
  - Period: fiscal year 2022
  - Revenue: $3,850M - $3,950M
  - Result: guidance update
  source text: FY 2022 Outlook (4) FY 2021 Actuals FY 2022 Outlook Adj. Revenue (1) $4,070M $3,850M - $3,950M Adj. EBITDA (1) / Adj. EBITDA Margin (1) $448M / 11.0% 10.0% - 10.5% Adj. Free Cash Flow (2) as % of Adj. EBITDA (1) Approx. 18% (3) Approx. 15% (3)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770322000041/0001677703-22-000041-index.htm
- Earnings Releases
  CONDUENT Inc reported third quarter 2022 results: revenue $977M, net income $15, EPS $0.06.
  - Period: third quarter 2022
  - Revenue: $977M
  - Net income: $15
  - EPS: $0.06
  - Result: reported results
  source text: Conduent Reports Third Quarter 2022 Financial Results Key Q3 2022 Highlights • Results consistent with expectations • Revenue and Adj. Revenue (1) : $977M • Pre-tax Income: $23M • Adj. EBITDA Margin (1) : 10.7% • New business signings ACV (2) : $191M • Annual Recurring Revenue (ARR) signings: $89M • Net ARR Activity Metric (2) (TTM): $70M
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770322000041/0001677703-22-000041-index.htm

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