Conduent Cuts 2025 Revenue Forecast, But CEO Says Capital Plan On Track
Shares of Conduent Inc. (NASDAQ: CNDT) fell Friday morning after the company announced lower revenue and earnings for the third quarter of 2025. The stock reacted negatively to weaker-than-expected results, signaling investor concern despite some operational progress.
Quarterly Financial Highlights
- Q3 revenue: $767 million, a 5% decline year-over-year and below analyst expectations of $794.33 million.
- Adjusted revenue also $767 million, down 1.8%.
- GAAP diluted EPS: loss of $0.30 versus earnings of $0.72 in the same period last year.
- Adjusted EPS: loss of $0.09, missing the consensus estimate of a $0.07 loss, but improving from a $0.14 loss a year earlier.
- Adjusted EBITDA: rose to $40 million, with margin expansion to 5.2% from 4.1% in the prior year.
Operational and Cash Flow Metrics
- Annual Contract Value (ACV) for new business: $111 million.
- Net ARR Activity Metric (TTM): $25 million, reflecting growth in pipeline and recurring revenue efforts.
- Operating cash flow: negative $39 million.
- Adjusted free cash flow: negative $54 million.
- Cash on hand: $264 million at quarter-end.
- Unused credit facility capacity: $198 million.
- Total debt: $713 million.
“Operational improvement continues despite headline revenue pressure,” the company stated, emphasizing efficiency gains and liquidity stability.
Author’s Summary
Conduent posted softer Q3 financials but maintained liquidity strength, reflecting a mix of cost control progress and ongoing revenue headwinds.
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Benzinga — 2025-11-07