Conduent reported Q3 2022 results consistent with expectations, with revenue of $977 million and pre-tax income of $23 million. The company saw a strong sales quarter with new business ACV of $191 million and is focused on improvements in sales, operations, and technology performance.
Results were consistent with expectations.
Revenue and Adjusted Revenue reached $977 million.
Pre-tax Income was $23 million.
New business signings ACV was $191 million.
Conduent provided its FY 2022 outlook, with adjusted revenue expected to be between $3.85 billion and $3.95 billion, and adjusted EBITDA margin between 10.0% and 10.5%.
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