secwatch.observer — SEC 8-K summary
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Issuer:     CONDUENT Inc (CNDT)
CIK:        0001677703
Form:       8-K
Filed at:   2026-05-11T20:00:59+00:00
Accession:  0001677703-26-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conduent Q1 2026 revenue $723M (-3.7% YoY), Adj EBITDA $49M (6.8% margin), net loss narrows to $33M
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- Revenue $723M, down 3.7% YoY; pre-tax loss improved $29M to $(27)M; GAAP net loss $(33)M vs $(51)M.
- Adjusted EBITDA $49M, margin 6.8% (up 190bps YoY); cash flow from ops improved $50M to $(8)M.
- Government and Transportation segments grew; new business ACV $114M; qualified pipeline ~$3.5B.
- FY2026 outlook: Revenue $2.8B-$2.9B, Adj EBITDA $160M-$190M; FY2027 Adj EBITDA $190M-$220M.
- Cash $228M and $190M unused credit; CEO streamlined commercial leadership to sharpen accountability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1677703/000167770326000061/0001677703-26-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1677703/000167770326000061/cndt-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001677703-26-000061

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