Conduent Incorporated (CNDT) Tops Q3 EPS by 14c

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Conduent Progress Continues with Strong Third Quarter 2020 Financial Results and New Business Signings

November 5, 2020 4:05 PM EST

Key Highlights

Revenue and Adjusted EBITDA results well-above expectations Strong New Business signings  Total Contract Value of signings: $468M, up 100% year-over-yearAnnual Recurring Revenue of signings: $96M, up 35% year-over-year  On track to exceed high end of previous FY 2020 cost reduction target range of $120M-$140MImprovements in operational and technology platform performance

FLORHAM PARK, N.J., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a business process services and solutions company, today announced its third quarter... More