Conduent Q4 revenue $986M, net loss $333M; FY23 adj. revenue guide $3.7-3.8B

CONDUENT Inc

2022-FY EPS reported -$0.89 revenue$3,858,000,000

Q4 GAAP net loss $333M, diluted EPS $(1.55); includes $358M goodwill impairment.
Adjusted EBITDA $95M (9.6% margin), down 9.5% YoY; FY22 adj. EBITDA $394M (10.2% margin).
Q4 new business ACV $194M; FY22 ACV $732M; Net ARR activity metric $114M (+64% QoQ).
FY23 outlook: adj. revenue $3.7-3.8B (down ~4-5% from FY22), adj. EBITDA margin 10.0-10.8%.
Liquidity >$1.1B; FY23 adjusted free cash flow expected at 15-20% of adj. EBITDA.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CONDUENT Inc reported Q4 2022 results: revenue 986, net income -333, EPS -1.55.

Period: Q4 2022
Revenue: 986
Net income: -333
EPS: -1.55
Result: reported results

Exact text from the filing

and Full Year 2022 Financial Results Key Q4 and Full Year 2022 Highlights • Results continue to be consistent with expectations despite the economic uncertainty • Revenue: Q4 $986M / FY $3,858M • Adj. Revenue (1) : Q4 $986M / FY $3,851M • Pre-tax Income: Q4 $(365)M / FY $(127)M, impacted by a goodwill impairment charge of $358M • Adj. EBITDA Margin (1) :

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

CONDUENT Inc filing history →

Source: SEC EDGAR

accession 0001677703-23-000005

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