Overview
* Conduent ( CNDT ) Q2 revenue fell 8.9% yr/yr, missing analyst expectations
* Adjusted EPS for Q2 beat estimates, showing a 7.1% improvement
* Adjusted EBITDA margin rose to 4.9% from 3.1%, indicating improved efficiency
Outlook
* Conduent ( CNDT ) expects FY 2025 adjusted revenue of $3.1 bln to $3.2 bln
* Company anticipates FY 2025 adjusted EBITDA margin of 5.0% to 5.5%
* Government decisions may unlock opportunities for Government segment
Result Drivers
* DIVESTITURES - Revenue decline attributed to divestiture-driven gains from BenefitWallet and Curbside Management sales
* TRANSPORTATION SEGMENT - Investments in technology platforms accelerated performance in Transportation segment
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $754 mln
Revenue
Q2 Miss $754 mln $763.70
Adjusted mln (3
Revenue Analysts
)
Q2 Beat -$0.13 -$0.14
Adjusted (2
EPS Analysts
)
Q2 EPS -$0.26
Q2 Net -$40 mln
Income
Q2 $37 mln
Adjusted
EBITDA
Q2 4.9%
Adjusted
EBITDA
Margin
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)