Conduent Incorporated (CNDT) Reports In-Line Q3 EPS, Lowers FY Revenue Guidance

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Conduent Reports Third Quarter 2018 Results With Strong Adjusted EPS and EBITDA Growth; Healthier Balance Sheet Driven by Transformation and Divestitures

November 7, 2018 6:51 AM EST

FLORHAM PARK, N.J., Nov. 7, 2018 /PRNewswire/ --

Key Quarterly Highlights

Revenue of $1,304 million GAAP diluted EPS from continuing operations of $(1.16), down $(1.07); adjusted diluted EPS from continuing operations of $0.28, up 27% Net Income of $(237) million; Adjusted net income of $61 million Adjusted EBITDA of $157 million, up 10%, excluding impact from ASC 606 and divestitures Significant progress... More