---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-23-000049"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T13:56:10.874706+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001677703-23-000049
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1677703/000167770323000049/0001677703-23-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770323000049/cndt-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-23-000049
- JSON: https://secwatch.observer/filing/0001677703-23-000049.json
- Plain text: https://secwatch.observer/filing/0001677703-23-000049.txt

## Key facts
- Earnings Releases
  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
  source text: 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,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770323000049/0001677703-23-000049-index.htm

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