---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-26-000091"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2026-08-10T12:01:16+00:00"
generated_at: "2026-08-10T12:05:24.391291+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Conduent Q2 revenue down 11.9% to $531M; signs $234M Transit/Tolling divestitures

## Summary
- Revenue $531M from continuing ops, down 11.9% YoY; GAAP net loss $(116)M vs $(40)M.
- Adjusted EBITDA $16M (3.0% margin) vs $23M (3.8%) prior year; adjusted EPS $(0.18) vs $(0.16).
- Signed deals to sell Public Transit to Modaxo for $164M and Tolling to Quarterhill for $70M plus 7% equity stake; ~$234M gross proceeds.
- FY 2026 outlook: revenue $2,150-2,250M; adj. EBITDA $140-170M; ~$100M annualized cost-savings program on track.
- New business signings ACV $99M; appointed Adam Demuyakor to Board; won Virginia Medicaid renewal (~1.6M members).

## SEC filing metadata
- accession: 0001677703-26-000091
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2026-08-10T12:01:16+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1677703/000167770326000091/0001677703-26-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770326000091/cndt-20260810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-26-000091
- JSON: https://secwatch.observer/filing/0001677703-26-000091.json
- Plain text: https://secwatch.observer/filing/0001677703-26-000091.txt

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