Conduent Q2 revenue $915M (-1.4% YoY); Adj EBITDA margin 10.2%, up 80 bps; new business ACV $208M

CONDUENT Inc

2023-Q2 EPS reported -$0.08 revenue$1,837,000,000

GAAP net loss $7M vs breakeven prior year; GAAP diluted EPS $(0.04) vs $(0.01).
Adjusted EBITDA $93M (+6.9% YoY); adj. diluted EPS $0.01 vs $0.03.
New business ACV $208M with $1.36B TCV, driven by $1B Victoria, Australia transit deal.
Net ARR (TTM) $137M, up 31% YoY and 26% sequentially; FY 2023 adj. revenue outlook $3.7B-$3.8B.
First BPO provider to process FedNow instant payments; repurchased 266,765 shares in Q2.

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 second quarter 2023 results: revenue $915M, net income $(7)M, EPS $(0.04). Guidance reaffirmed.

Period: second quarter 2023
Revenue: $915M
Net income: $(7)M
EPS: $(0.04)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Campus Drive, Suite 200 Florham Park, NJ 07932 www.conduent.com Conduent Reports Second Quarter 2023 Financial Results Key Q2 2023 Highlights • Revenue and Adj. Revenue (1) : $915M • Pre-tax Income (Loss): $(7)M • Adj. EBITDA Margin (1) : 10.2% • New business signings ACV (2) : $208M • Net ARR Activity Metric (2) (TTM): $137M FLORHAM PARK, NJ, August 2,

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CONDUENT Inc filing history →

Source: SEC EDGAR

accession 0001677703-23-000049

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