secwatch.observer — SEC 8-K summary
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Issuer:     CONDUENT Inc (CNDT)
CIK:        0001677703
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001677703-25-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conduent Q4 GAAP revenue $800M (-16% YoY); adj EBITDA margin 4.0%; FY25 outlook 4.5-5.5%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1677703/000167770325000025/0001677703-25-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1677703/000167770325000025/cndt-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001677703-25-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer