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Jun 30, 2024
Conduent Q2 2024 Earnings Report
Conduent's Q2 2024 financial results were announced, with Adjusted Revenue and Adjusted EBITDA exceeding expectations and Q2 representing the low point in the growth trajectory.
Key Takeaways
Conduent reported Q2 2024 financial results, with revenue of $828 million. Adjusted Revenue and Adjusted EBITDA exceeded expectations. The company completed the transfer of the BenefitWallet portfolio and prepaid $300 million of the Term Loan B.
Revenue was reported at $828 million.
Pre-tax Income was $300 million.
New Business Signings ACV reached $142 million.
Adjusted EBITDA Margin was 3.6%.
Forward Guidance
Conduent anticipates adjusted revenue between $3,325M - $3,375M and Adj. EBITDA Margin between 4%-5%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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