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Sep 30, 2021
Conduent Q3 2021 Earnings Report
Conduent's Q3 2021 financial results were announced, showing revenue stabilization and continued momentum.
Key Takeaways
Conduent reported stable revenue with increased volumes in Government Payments and new business, offset by lost business from prior years. New business TCV signings are up 4% and new business ARR is up 15% year-to-date. The Net ARR Activity Metric was strong at $132M, up 25% from Q2 2021.
Revenue: $1,038M
Adj. EBITDA Margin: 12.5%
Q3 2021 Total Contract Value (TCV) new business signings of $344M, $1,475M YTD
Net ARR Activity Metric (TTM) of $132M, an increase of 25% vs Q2 2021
Forward Guidance
Conduent provided its FY 2021 outlook, with revenue expected to be between $4,100M and $4,175M and Adj. EBITDA margin between 11.25% and 11.75%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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