The business services company reported a $159 million trailing twelve-month loss despite revenue of $3.1 billion, though margins showed improvement in government segment Wall Street has grown accustomed to companies promising turnarounds, but Conduent’s latest numbers tell a story that’s far from encouraging. The business services provider just posted its fiscal 2025 third quarter results, … Read more
Conduent (CNDT) has just posted its FY 2025 third quarter numbers, with revenue of US$767 million and a net income loss of US$48 million, translating to basic EPS of a US$0.31 loss. Over recent quarters the company has seen revenue move from US$828 million and EPS of US$1.09 in Q2 2024 to US$751 million and … Read more
A data breach at government technology giant Conduent appears to affect far more people than first disclosed, with the number of victims potentially stretching to dozens of millions of people across the United States. The January 2025 ransomware attack, which knocked out Conduent’s operations for several days, is now known to affect at least 15.4 … Read more