---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-23-000005"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:04:12.279489+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001677703-23-000005
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1677703/000167770323000005/0001677703-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770323000005/cndt-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-23-000005
- JSON: https://secwatch.observer/filing/0001677703-23-000005.json
- Plain text: https://secwatch.observer/filing/0001677703-23-000005.txt

## Key facts
- Earnings Releases
  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
  source text: 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) :
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770323000005/0001677703-23-000005-index.htm

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