---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-24-000033"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:25:26.197929+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Conduent Q4 revenue $953M, adj. EBITDA margin 10.8%; FY2024 outlook adj. revenue $3.6-3.7B

## Summary
- Q4 revenue $953M (-3.3% YoY); GAAP net income $6M vs loss $(333)M; adj. EBITDA $103M (+8.4%).
- Full year 2023 adj. EBITDA margin 10.2% flat YoY; new business ACV $639M.
- Entered agreement to sell Curbside Mgmt & Public Safety Solutions for $230M; close H1 2024.
- FY2024 outlook: adj. revenue $3.6B-$3.7B; adj. EBITDA margin 8%-9%; adj. FCF 5%-10% of adj. EBITDA.
- Repurchased 6.6M shares in Q4, 8.8M shares in FY2023.

## SEC filing metadata
- accession: 0001677703-24-000033
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2024-02-14T23:59:59+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/1677703/000167770324000033/0001677703-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000033/cndt-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-24-000033
- JSON: https://secwatch.observer/filing/0001677703-24-000033.json
- Plain text: https://secwatch.observer/filing/0001677703-24-000033.txt

## Key facts
- Earnings Releases
  CONDUENT Inc reported full year 2023 results: revenue $3,722M, net income $(296)M GAAP Net Income (Loss), EPS $(1.41) GAAP Diluted EPS. Guidance reaffirmed.
  - Period: full year 2023
  - Revenue: $3,722M
  - Net income: $(296)M GAAP Net Income (Loss)
  - EPS: $(1.41) GAAP Diluted EPS
  - Guidance: reaffirmed
  - Result: reported results
  source text: Conduent Reports Fourth Quarter and Full Year 2023 Financial Results Key Q4 and Full Year 2023 Highlights • Revenue and Adj. Revenue (1) : Q4 $953M / FY $3,722M • Pre-tax Income (Loss): Q4 $(4)M / FY $(332)M • Adj. EBITDA Margin (1) : Q4 10.8% / FY 10.2% • New business signings ACV (2) : Q4 $152M / FY $639M • Net ARR Activity Metric (2) (TTM): $62M FLORHAM PARK, NJ, February 14, 2024 - Conduent (NASDAQ: CNDT), a global technology-led business process solutions company, today announced its fourth quarter and full year 2023 financial results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000033/0001677703-24-000033-index.htm
- Earnings Releases
  CONDUENT Inc reported FY 2024 results: revenue $3,600M - $3,700M. Guidance reaffirmed.
  - Period: FY 2024
  - Revenue: $3,600M - $3,700M
  - Guidance: reaffirmed
  - Result: guidance update
  source text: FY 2024 Outlook (2,3) FY 2023 Actuals FY 2024 Outlook (2,3) Adj. Revenue (1) $3,722M $3,600M - $3,700M Adj. EBITDA (1) / Adj. EBITDA Margin (1) $378M / 10.2% 8% - 9% Adj. Free Cash Flow (1) as % of Adj. EBITDA (1) (1.3)% 5% - 10%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000033/0001677703-24-000033-index.htm
- Earnings Releases
  CONDUENT Inc reported Q4 2023 results: revenue $953M, net income $6M GAAP Net Income (Loss), EPS $0.02 GAAP Diluted EPS. Guidance reaffirmed.
  - Period: Q4 2023
  - Revenue: $953M
  - Net income: $6M GAAP Net Income (Loss)
  - EPS: $0.02 GAAP Diluted EPS
  - Guidance: reaffirmed
  - Result: reported results
  source text: Conduent Reports Fourth Quarter and Full Year 2023 Financial Results Key Q4 and Full Year 2023 Highlights • Revenue and Adj. Revenue (1) : Q4 $953M / FY $3,722M • Pre-tax Income (Loss): Q4 $(4)M / FY $(332)M • Adj. EBITDA Margin (1) : Q4 10.8% / FY 10.2% • New business signings ACV (2) : Q4 $152M / FY $639M • Net ARR Activity Metric (2) (TTM): $62M FLORHAM PARK, NJ, February 14, 2024 - Conduent (NASDAQ: CNDT), a global technology-led business process solutions company, today announced its fourth quarter and full year 2023 financial results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000033/0001677703-24-000033-index.htm

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