---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-24-000134"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:38:46.980999+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Conduent Q3 revenue falls 13% to $807M; Adj. EBITDA margin drops to 4.1%; cuts FY2024 margin outlook

## Summary
- GAAP net income $123M vs loss $289M YoY on gain from Casualty Claims sale ($224M); adjusted diluted EPS -$0.14 vs -$0.09.
- Adjusted EBITDA $32M (-46.7% YoY); margin 4.1% (down 310 bps); FY2024 outlook cut to 3.75%-4.0% margin.
- Completed divestiture of Casualty Claims Solutions for $224M; used proceeds to prepay $38M Term Loan B and $37M Term Loan A.
- New business signings ACV $111M; Net ARR TTM $46M; Commercial improved but Government segment lagged.
- Appointed new Group President of Commercial and new President of Government Solutions during the quarter.

## SEC filing metadata
- accession: 0001677703-24-000134
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000134/0001677703-24-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000134/cndt-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-24-000134
- JSON: https://secwatch.observer/filing/0001677703-24-000134.json
- Plain text: https://secwatch.observer/filing/0001677703-24-000134.txt

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