{"schema_version":"secwatch.filing_event.v1","accession":"0001677703-24-000071","form_type":"8-K","ticker":"CNDT","cik":"0001677703","company_name":"CONDUENT Inc","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.540836+00:00","generated_at":"2026-06-03T02:59:35.343426+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Conduent Q1 revenue flat at $921M; GAAP net income $99M on BenefitWallet gain; Adj. EBITDA margin 7.5%, down from 9.8%","bullets":["Revenue $921M flat YoY; GAAP net income $99M vs $(6)M loss, driven by $164M gain from BenefitWallet transfer.","Adjusted EBITDA $69M (margin 7.5%) vs $90M (9.8%) prior year; FY24 Adj. EBITDA margin guided 8%-9%, down from 10.2%.","New business signings ACV $99M; Net ARR metric TTM $17M; CEO cites sales lag due to timing of opportunities.","Closed sale of Curbside Management and Public Safety; BenefitWallet final tranche expected in May; prepaid $259M Term Loan B.","FY24 outlook: revenue $3.6B-$3.7B (vs $3.722B); Adj. FCF as % of Adj. EBITDA guided 5%-10%."],"urls":{"canonical":"https://secwatch.observer/filing/0001677703-24-000071","json":"https://secwatch.observer/filing/0001677703-24-000071.json","markdown":"https://secwatch.observer/filing/0001677703-24-000071.md","text":"https://secwatch.observer/filing/0001677703-24-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1677703/000167770324000071/0001677703-24-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1677703/000167770324000071/cndt-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T02:59:35.343426+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"06764e5fb619bc3dd1df93002fe3df4aaaed14f0","claim":"CONDUENT Inc reported first quarter 2024 results: revenue $921M, net income $99, EPS GAAP Diluted EPS $0.46.","evidence_excerpt":"Conduent Reports First Quarter 2024 Financial Results Key Q1 2024 Highlights • Revenue: $921M • Pre-tax Income: $127M","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1677703/000167770324000071/0001677703-24-000071-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$921M"},{"label":"Net income","value":"$99"},{"label":"EPS","value":"GAAP Diluted EPS $0.46"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}