CONDUENT (CNDT) Company Report

Conduent reported Q3 2025 adjusted revenue of $767 million, a 1.8% decrease year-over-year, and adjusted EBITDA of $40 million, with a 5.2% margin, up from 4.1% in Q3 2024.
The company updated its FY 2025 adjusted revenue guidance to between $3.05 billion and $3.1 billion, while maintaining its adjusted EBITDA margin guidance of 5% to 5.5%.
Adjusted free cash flow was negative $54 million in Q3 2025, primarily impacted by delays in federal government contract approvals and milestone payments due to the government shutdown.
Conduent repurchased approximately 4.7 million shares at an average price of $2.70 during the quarter and signed $111 million in new business ACV.

Nov 7, 2025, 2:00 PM

Conduent Reports Q3 2025 Results, Updates Full-Year Revenue Guidance

CNDT

Earnings

Guidance Update

Share Buyback

Conduent reported Q3 2025 adjusted revenue of $767 million, a 1.8% year-over-year decrease, while adjusted EBITDA increased to $40 million from $32 million in Q3 2024, with an adjusted EBITDA margin of 5.2%.
The company signed $111 million in new business ACV in Q3 2025, consistent with the prior year, and the qualified ACV pipeline remains strong at $3.4 billion, up 9% year-over-year.
Adjusted free cash flow for Q3 2025 was -$54 million, primarily due to delays in federal government contract approvals and billing for post-implementation phases, which also led to an increase in the net leverage ratio to 3.2x.
Conduent updated its full-year 2025 adjusted revenue guidance to between $3.05 billion and $3.1 billion, while maintaining the adjusted EBITDA margin range of 5% to 5.5%.
The company refinanced its revolving credit facility, prepaid its term loan A, and repurchased approximately 4.7 million shares at an average price of $2.70 during the quarter.

Nov 7, 2025, 2:00 PM

CNDT Announces Q3 2025 Results and Updates FY 2025 Outlook

CNDT

Earnings

Guidance Update

Share Buyback

CNDT reported Adjusted Revenue of $767 million and Adjusted EBITDA of $40 million for Q3 2025, resulting in an Adjusted EBITDA Margin of 5.2%.
The company updated its FY 2025 outlook, projecting Adjusted Revenue between $3,050 million and $3,100 million and an Adjusted EBITDA Margin of 5.0% to 5.5%.
As of September 30, 2025, CNDT held $264 million in cash and had a net adjusted leverage ratio of 3.2x.
During Q3 2025, CNDT successfully refinanced its revolving credit facility and paid off the Term Loan A. The company also repurchased 4.7 million shares in Q3 2025, contributing to 87% of its $1 billion capital target deployed.

Nov 7, 2025, 2:00 PM

Conduent Reports Q3 2025 Earnings, Highlights EBITDA Expansion and Share Repurchases

CNDT

Earnings

Share Buyback

Guidance Update

Conduent's adjusted EBITDA and margin are meeting expectations on the high end and continue to be predictable for Q3 2025, remaining on track for significant EBITDA expansion from 2024 to 2025.
The company repurchased approximately $70 million in shares during Q3 2025 and is confident in achieving its $1 billion capital deployment commitment made in early 2023.
Revenue reflects the company's transformational journey, with a focus on revenue generation and conversion of working capital to cash for the remainder of 2025, despite a weaker start in commercial sales and deal pushes in the government sector.
Conduent is enhancing its go-to-market strategy and sales talent, while also deploying numerous AI initiatives across its platforms, which have led to benefits such as significant fraud reduction and new software license wins.

Nov 7, 2025, 2:00 PM

Conduent Reports Third Quarter 2025 Financial Results and Updates on Strategic Initiatives

CNDT

Earnings

Guidance Update

Share Buyback

Conduent reported Q3 2025 revenue of $767 million , a GAAP net loss of $(46) million , and Adjusted EBITDA of $40 million with an Adjusted EBITDA Margin of 5.2%.
GAAP diluted EPS for Q3 2025 was $(0.30), and Adjusted diluted EPS was $(0.09).
As of September 30, 2025, the company achieved 87% of its $1 billion capital allocation target for portfolio rationalization and repurchased approximately 4.7 million shares of common stock during Q3 2025.
Conduent maintained a cash balance of $264 million at the end of Q3 2025.
The FY 2025 outlook for Adjusted Revenue is projected between $3,050 million and $3,100 million, with an Adjusted EBITDA Margin forecast between 5.0% and 5.5%.

Nov 7, 2025, 1:01 PM

Conduent Reports Third Quarter 2025 Financial Results

CNDT

Earnings

Guidance Update

Share Buyback

Conduent reported $767 million in revenue and an Adjusted EBITDA Margin of 5.2% for the third quarter of 2025, with a GAAP Net Loss of $(46) million and Adjusted Diluted EPS of $(0.09).
The company completed a debt refinance and repurchased approximately 4.7 million shares of common stock during Q3 2025, maintaining a cash balance of $264 million.
New Business Signings ACV for the quarter was $111 million, and the company has achieved 87% of its $1 billion portfolio rationalization target.
For the full year 2025, Conduent anticipates Adjusted Revenue between $3,050 million and $3,100 million and an Adjusted EBITDA Margin of 5.0% to 5.5%.

Nov 7, 2025, 1:01 PM

Conduent Integrates GenAI into FastCap® Finance Analytics Solution

CNDT

Product Launch

New Projects/Investments

Conduent has integrated a GenAI-powered contract and spend analytics capability into its FastCap® Finance Analytics solution.
This enhancement aims to expedite contract intake, verify contract compliance, and identify procurement savings and tariff-related financial exposures more efficiently and accurately.
Since 2021, the FastCap solution has helped clients recover or prevent overpayments exceeding $850 million.
The new GenAI capabilities have demonstrated significant results, including processing 2,400 contracts in three weeks and identifying $6.3 million in savings on non-core spend for clients.