earnings
confidence high
sentiment neutral
materiality 0.70
Conduent Q4 GAAP revenue $800M (-16% YoY); adj EBITDA margin 4.0%; FY25 outlook 4.5-5.5%
CONDUENT Inc
2024-FY EPS reported
$2.23
revenue$3,356,000,000
- Q4 GAAP revenue $800M (down 16% YoY); adjusted revenue $800M (down 6% ex. divestitures). FY adj revenue $3,176M.
- Q4 adjusted EBITDA $32M (down 53% YoY); margin 4.0%. FY adj EBITDA $124M, margin 3.9%.
- Q4 GAAP net loss $(12)M, diluted EPS $(0.09). FY GAAP net income $426M (diluted EPS $2.23) on $504M pre-tax gain from divestitures.
- FY2025 guidance: adj revenue $3.1-3.25B; adj EBITDA margin 4.5-5.5% vs 3.9% in FY2024.
- Completed $75M share repurchase (52M shares); prepaid Term Loan B and $137M of Term Loan A with divestiture proceeds.