Conduent Incorporated (CNDT) Tops Q1 EPS by 1c

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Conduent Reports First Quarter 2018 Results; Strong Operational and Financial Performance Led by Commercial Segment; Executing on Portfolio Strategy with Improvement in Core Business

May 9, 2018 7:00 AM EDT

FLORHAM PARK, N.J., May 9, 2018 /PRNewswire/ --

Key Quarterly Highlights

Revenue of $1,420 million Net income from continuing operations of $(50) million, GAAP diluted EPS from continuing operations of $(0.26) Adjusted net income of $47 million and adjusted diluted EPS from continuing operations of $0.22 Adjusted EBITDA of $161 million Cash flow from operations of $(38) million and adjusted free cash flow of $(69) million Renewal rate of 94% and $1,022 million of renewal TCV Cash... More