Conduent Incorporated (CNDT) Tops Q1 EPS by 4c, Offers Guidance, Announces CFO Succession

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Go back to Conduent Incorporated (CNDT) Tops Q1 EPS by 4c, Offers Guidance, Announces CFO Succession

Conduent Announces Strong First Quarter Financial Results and CFO Succession

May 5, 2021 4:02 PM EDT

Key Q1 2021 Highlights

Revenue: $1,028M; down (2.2)% Yr/YrAdj. EBITDA Margin(1): 11.2%; up 210 bps Yr/YrFinancial performance was above internal and external expectations, driven by Government Payments, new business ramp and efficiency progressContinued new business growth: Q1 2021 Total Contract Value (TCV) new business signings of $356M, an increase of 10% vs Q1 2020Q1 2021 Annual Recurring Revenue (ARR) signings of $95M, an increase of 67% vs Q1 2020

FLORHAM PARK, N.J., May 05, 2021 (GLOBE NEWSWIRE) --... More