Conduent reported Q4 and full-year 2024 financial results, showing a decrease in revenue and adjusted EBITDA compared to the previous year. The company focused on portfolio rationalization, completing three divestitures and reducing debt by 50%. While revenue faced timing-related challenges, EBITDA margin remained strong, and the company anticipates meeting expectations in 2025.
Q4 Revenue was $800 million, and full-year revenue was $3,356 million.
Pre-tax loss for Q4 was $(82) million, while full-year pre-tax income was $504 million.
Adjusted EBITDA margin for Q4 was 4.0%, and for the full year, it was 3.9%.
New business signings ACV for Q4 reached $137 million, and $485 million for the full year.
Conduent anticipates adjusted revenue between $3,100M - $3,250M and Adjusted EBITDA margin between 4.5% - 5.5%.
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