Highest-materiality recent filing
Conduent sells Tolling business to Quarterhill for $70M cash plus 7% equity stake
Purchase price $70M cash plus 7% of Quarterhill shares; Quarterhill assumes most liabilities including surety bonds.
Conduent sells Public Transit business to Modaxo for $164M; closing expected by end 2026
$164M purchase price; $10M one-year holdback and $12M special holdback for customer milestones.
Conduent Q1 2026 revenue $723M (-3.7% YoY), Adj EBITDA $49M (6.8% margin), net loss narrows to $33M
Revenue $723M, down 3.7% YoY; pre-tax loss improved $29M to $(27)M; GAAP net loss $(33)M vs $(51)M.
Conduent Q4 rev $770M, Adj EBITDA margin 6.5%; FY net loss $170M
Q4 GAAP net loss $33M ($0.23 diluted EPS); Adj diluted EPS loss $0.09 vs -$0.15 YoY.
Conduent appoints Harsha V. Agadi as CEO, replacing Clifford Skelton
Clifford Skelton stepped down as President and CEO, effective Jan 16, 2026; receives separation benefits consistent with termination without cause.
Conduent Q3 GAAP net loss $46M vs prior profit $123M; adj EBITDA margin improves to 5.2%
GAAP net loss $46M ($0.30 diluted loss) vs year-ago profit $123M ($0.72 EPS); pre-tax loss $38M due to absence of divestiture gain.
Conduent Q2 revenue falls 2.6% to $754M; Adj EBITDA margin improves to 4.9%
GAAP net loss of $40M vs prior-year gain of $216M; diluted EPS $(0.26).
Conduent approves $50M buyback, shifts 80% of exec short-term incentive to stock
Authorized up to $50M in share repurchases over three years; funding from cash on hand.
Conduent Q1 adj. revenue $751M (-8.5% YoY), adj. EBITDA margin 4.9%; CFO replaced
GAAP net loss $51M ($0.33 diluted loss) vs $99M income YoY; pre-tax loss $56M.
Incident on Jan 13, 2025: threat actor gained unauthorized access to a limited environment; systems restored within days/hours.
Conduent Q4 GAAP revenue $800M (-16% YoY); adj EBITDA margin 4.0%; FY25 outlook 4.5-5.5%
Q4 GAAP revenue $800M (down 16% YoY); adjusted revenue $800M (down 6% ex. divestitures). FY adj revenue $3,176M.
Conduent Q3 revenue falls 13% to $807M; Adj. EBITDA margin drops to 4.1%; cuts FY2024 margin outlook
GAAP net income $123M vs loss $289M YoY on gain from Casualty Claims sale ($224M); adjusted diluted EPS -$0.14 vs -$0.09.
Conduent completes sale of Casualty Claims Solutions to MedRisk for $224M cash
Sale closed Sept 1, 2024; Conduent received $224M in cash, subject to post-closing adjustments expected in H1 2025.
Conduent Q2 Adj. Revenue $811M (-4.7% YoY); Adj. EBITDA margin 3.6%; guidance lowered
GAAP revenue $828M (-9.5% YoY); Adj. revenue $811M (-4.7% YoY); GAAP net income $216M vs ($7M) prior year on divestiture gains.
Conduent repurchases Icahn's 38.1M shares for $132M; three Icahn directors resign
Repurchased 38,149,336 shares from Carl Icahn and affiliates at $3.47/share, aggregate ~$132M.
Conduent agrees to sell Casualty Claims Solutions to MedRisk for $240M cash
Sale price of $240M cash represents ~9.5x adjusted EBITDA of the disposed business.
Revenue $921M flat YoY; GAAP net income $99M vs $(6)M loss, driven by $164M gain from BenefitWallet transfer.
Conduent completes sale of Curbside Management and Public Safety Solutions to Modaxo for $230M
Total purchase price $230M; cash received $174M, plus $50M note receivable (discounted to $47M), $50M other receivables payable Q4 2024.
Conduent receives $85M in second tranche of HSA portfolio transfer to HealthEquity
Second tranche closed April 11, 2024; Conduent received $85 million from HealthEquity.
Conduent receives $164M from HealthEquity for first tranche of HSA portfolio sale
Received $164M from HealthEquity for first tranche of BenefitWallet HSA/MSA portfolio transfer.
Conduent Q4 revenue $953M, adj. EBITDA margin 10.8%; FY2024 outlook adj. revenue $3.6-3.7B
Q4 revenue $953M (-3.3% YoY); GAAP net income $6M vs loss $(333)M; adj. EBITDA $103M (+8.4%).
Conduent sells Curbside Management & Public Safety units to Modaxo for ~$260M
Enterprise value ~$260M, representing ~8x trailing 12-month adjusted EBITDA of the sold businesses.
Conduent Q3 net loss $289M on $932M revenue, goodwill impairment
Revenue $932M, down 4.6% YoY; GAAP diluted EPS $(1.34); Adjusted EPS $(0.09).
Conduent sells BenefitWallet HSA portfolio to HealthEquity for $425M
Purchase price of ~$425M for transfer of all BenefitWallet HSA accounts including 665,000 customer accounts and $2.7B in HSA assets to HealthEquity.
Conduent Q2 revenue $915M (-1.4% YoY); Adj EBITDA margin 10.2%, up 80 bps; new business ACV $208M
GAAP net loss $7M vs breakeven prior year; GAAP diluted EPS $(0.04) vs $(0.01).
Conduent announces $75M share repurchase program authorized by board
Board authorized repurchase of up to $75 million of common stock over three years.
Conduent Q1 revenue $922M (-4.7% YoY), net loss $6M vs prior-year income $136M
GAAP diluted EPS $(0.04) vs $0.61; adjusted diluted EPS $0.00 vs $0.10.
Conduent Q4 revenue $986M, net loss $333M; FY23 adj. revenue guide $3.7-3.8B
Q4 GAAP net loss $333M, diluted EPS $(1.55); includes $358M goodwill impairment.
Conduent Q3 revenue $977M (-5.9% YoY); adj. EPS $0.09 vs $0.19; FY outlook lowered
Q3 GAAP net income $15M ($0.06 diluted EPS) vs $11M ($0.04) a year ago; adjusted diluted EPS fell 52.6% to $0.09.
Conduent Q2 revenue $928M, adjusted EBITDA $87M; ends Transportation separation consideration
GAAP net income $0M vs $12M prior year; diluted EPS $(0.01) vs $0.04; adjusted diluted EPS $0.03 vs $0.20.
GAAP net income $136M ($0.61 diluted EPS) vs loss of $11M (-$0.06) in Q1 2021, boosted by Midas gain and insurance recoveries.
On May 14, 2026, the board of directors (the “Board”) of Conduent Incorporated (the “Company”) elected Adam Demuyakor, Founder and Managing Partner of Wilshire Lane Capital, to the Board, effective June 1, 2026.
On May 1, 2026, Adam Appleby informed Registrant that he will be resigning from his position as Executive Vice President, Public Sector Solutions, to pursue other professional endeavors, effective May 19, 2026.
the Board of Directors (the “Board”) of the Company appointed Giles Goodburn as Chief Financial Officer of the Company.
Stephen Wood, who departed the Company on May 2, 2025 concurrently with the appointment of Mr. Goodburn.
Effective August 23, 2024, the Board of Directors of Conduent Incorporated (the “Company”) designated George Abate, the Company’s current Vice President – Head of Accounting as its principal accounting officer.
On July 16, 2024, Randall King, the current Executive Vice President, Commercial Solutions of Conduent Incorporated (the “Company”), and a named executive officer in the Company’s 2024 Proxy Statement, transitioned into a different non-executive role for the Company as Chief Client Officer; as a result, Mr. King will no longer be an executive officer of the Company or an officer for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
On November 8, 2023 , Mark King informed Registrant that he will be resigning from his position as Executive Vice President, Government Solutions, effective January 2, 2024.
Max materiality 0.80 · Median 0.70 · Most common event earnings