Conduent Incorporated (CNDT) Misses Q1 EPS by 2c

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Conduent Reports First Quarter 2020 Results; Provides Business Update Amidst COVID-19

May 7, 2020 4:06 PM EDT

Key Highlights

Revenue above Company expectations despite COVID-19 impactBusiness continuity planning successful with approximately 75% of associates working-from-homeContinuing to serve as trusted partner and meet client expectations throughout the crisisIncreased health and safety measures for associatesAdapting transformation plan beginning with immediate focus on post-COVID-19 cost savings initiativesIncreased new business signings by 44% vs Q1 2019 

FLORHAM PARK, N.J., May 07, 2020 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a business process services and solutions company, today announced its first quarter 2020... More