---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-23-000032"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:12:01.634774+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Conduent Q1 revenue $922M (-4.7% YoY), net loss $6M vs prior-year income $136M

## Summary
- GAAP diluted EPS $(0.04) vs $0.61; adjusted diluted EPS $0.00 vs $0.10.
- Adjusted EBITDA $90M (15.9% decline), margin 9.8% vs 11.1%.
- New business signings ACV $125M; net ARR activity metric TTM $108M.
- FY 2023 outlook: adj. revenue $3.7B-$3.8B, adj. EBITDA margin 10.0%-10.8%.
- Cash from ops $(12)M; adjusted free cash flow $(37)M, improved from $(65)M.

## SEC filing metadata
- accession: 0001677703-23-000032
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2023-05-03T23:59:59+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/1677703/000167770323000032/0001677703-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770323000032/cndt-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-23-000032
- JSON: https://secwatch.observer/filing/0001677703-23-000032.json
- Plain text: https://secwatch.observer/filing/0001677703-23-000032.txt

## Key facts
- Earnings Releases
  CONDUENT Inc reported first quarter 2023 results: revenue $922M, net income $(6), EPS $(0.04).
  - Period: first quarter 2023
  - Revenue: $922M
  - Net income: $(6)
  - EPS: $(0.04)
  - Result: reported results
  source text: 100 Campus Drive, Suite 200 Florham Park, NJ 07932 www.conduent.com Conduent Reports First Quarter 2023 Financial Results Key Q1 2023 Highlights • Revenue and Adj. Revenue (1) : $922M • Pre-tax Income (Loss): $(8)M • Adj. EBITDA Margin (1) : 9.8% • New business signings ACV (2) : $125M • Net ARR Activity Metric (2) (TTM): $108M FLORHAM PARK, NJ, May 3, 2023 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770323000032/0001677703-23-000032-index.htm

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