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Conduent Inc (CNDT.N)

CNDT.N on New York Stock Exchange

12.55USD
25 Apr 2019
Change (% chg)

$-0.45 (-3.46%)
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Volume
987,029
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$23.39
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$9.68

Latest Key Developments (Source: Significant Developments)

Carl Icahn Says On April 8, Michael Nevin Resigned As Conduent Inc's Director
Thursday, 11 Apr 2019 

April 11 (Reuters) - Conduent Inc ::CARL ICAHN - ON APRIL 8, MICHAEL NEVIN RESIGNED AS CONDUENT INC'S DIRECTOR BECAUSE OF DISAGREEMENTS RELATING TO CONDUENT'S OPERATIONS.CARL ICAHN - ON APRIL 11, DESIGNATED JESSE LYNN AS REPLACEMENT FOR MICHAEL NEVIN.  Full Article

Conduent Inc Sees 2019 Restructuring Costs $40 Million To $45 Million
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Conduent Inc ::CONDUENT INC SEES 2019 RESTRUCTURING COSTS $40 MILLION TO $45 MILLION.CONDUENT INC SEES 2019 CAPEX ABOUT 4.5 PERCENT OF REVENUE.  Full Article

Conduent Inc Q4 Revenue $1.282 Billion
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Conduent Inc ::CONDUENT REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS; IMPROVED NEW BUSINESS SIGNINGS, STRONG CASH GENERATION AND OVERACHIEVED ON TRANSFORMATION INITIATIVE.Q4 ADJUSTED EARNINGS PER SHARE $0.26 FROM CONTINUING OPERATIONS.Q4 GAAP LOSS PER SHARE $0.69 FROM CONTINUING OPERATIONS.Q4 REVENUE $1.282 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.26 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.26 -- REFINITIV IBES DATA.SEES FY 2019 REVENUE UP 0.5 PERCENT TO 1.5 PERCENT IN CONSTANT CURRENCY.HEADCOUNT OF APPROXIMATELY 82,000 AS OF DECEMBER 31, 2018 COMPARED WITH APPROXIMATELY 90,000 AS OF DECEMBER 31, 2017..SEES 2019 ADJUSTED. EBITDA $590 MILLION - $610 MILLION.QTRLY TOTAL SIGNINGS TCV UP 7.4%, DRIVEN BY NEW BUSINESS TCV SIGNINGS UP 6.3% YEAR/YEAR.SEES 2019 ADJUSTED. FREE CASH FLOW OF ABOUT 35% OF ADJUSTED. EBITDA.  Full Article

Gold Coast Health Plan Selects Conduent For Medicaid Managed Care Administration
Thursday, 31 Jan 2019 

Conduent Inc ::GOLD COAST HEALTH PLAN SELECTS CONDUENT FOR MEDICAID MANAGED CARE ADMINISTRATION.CONDUENT INC - WAS AWARDED $100 MILLION, SEVEN-YEAR CONTRACT EXTENSION TO PROVIDE THIRD-PARTY ADMINISTRATION SERVICES FOR GOLD COAST HEALTH PLAN.  Full Article

Conduent Inc Says Co Entered Into A Shareholders Agreement With Darwin Deason
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Conduent Inc ::CONDUENT SAYS ON DECEMBER 18, THE COMPANY ENTERED INTO A SHAREHOLDERS AGREEMENT WITH DARWIN DEASON - SEC FILING.CONDUENT SAYS AS PER SHAREHOLDERS AGREEMENT WITH DARWIN DEASON, CO APPOINTED SCOTT LETIER TO BOARD TO FILL VACANCY DUE TO PAUL GALANT’S RESIGNATION.CONDUENT SAYS CO HAS AGREED TO INCLUDE LETIER AS PART OF CO’S SLATE OF NOMINEES FOR ELECTION TO BOARD AT 2019 ANNUAL MEETING.  Full Article

Darwin Deason Reports 5.8 Pct Stake In Conduent Inc As Of Dec. 18
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Conduent Inc ::DARWIN DEASON REPORTS 5.8 PERCENT STAKE IN CONDUENT INC AS OF DECEMBER 18 - SEC FILING.  Full Article

Carl Icahn Raises Stake In Conduent Inc To 11.64 Pct From 10.56 Pct
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Conduent Inc ::CARL ICAHN RAISES STAKE IN CONDUENT INC TO 11.64 PERCENT AS OF DEC 3, FROM A STAKE OF 10.56 PERCENT AS OF NOV 13 - SEC FILING.  Full Article

Conduent Reports $11 Mln of Severance Costs From Job Cuts
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Conduent Inc ::CONDUENT - RESTRUCTURING COSTS FOR 3 MONTHS ENDED SEPT 30, INCLUDE $11 MILLION OF SEVERANCE COSTS DUE TO HEADCOUNT REDUCTIONS OF ABOUT 1,400 EMPLOYEES.  Full Article

Conduent Q3 Adjusted EPS $0.28 From Continuing Operations
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Conduent Inc ::CONDUENT REPORTS THIRD QUARTER 2018 RESULTS WITH STRONG ADJUSTED EPS AND EBITDA GROWTH; HEALTHIER BALANCE SHEET DRIVEN BY TRANSFORMATION AND DIVESTITURES.Q3 ADJUSTED EARNINGS PER SHARE $0.28 FROM CONTINUING OPERATIONS.Q3 GAAP LOSS PER SHARE $1.16 FROM CONTINUING OPERATIONS.Q3 REVENUE $1.304 BILLION VERSUS I/B/E/S VIEW $1.34 BILLION.Q3 EARNINGS PER SHARE VIEW $0.28 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 REVENUE $5.34 - $5.40 BILLION.SEES FY 2018 ADJUSTED EBITDA $640 - $650 MILLION."REMAIN CONFIDENT ABOUT CORE BUSINESS AND EXPECT TO SEE IT GROW IN 2019".  Full Article

Conduent To Acquire Health Solutions Plus
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Conduent Inc ::CONDUENT TO ACQUIRE HEALTH SOLUTIONS PLUS, ENHANCING CORE ADMINISTRATION PROCESSING CAPABILITIES.CONDUENT INC - TERMS OF TRANSACTION WERE NOT DISCLOSED..CONDUENT INC - HSP EMPLOYEES WILL TRANSFER TO CONDUENT, INCLUDING HSP CO-FOUNDERS JOHN BUSER AND DR. JAMES BASILE.CONDUENT INC - HSP WILL BE A PART OF CONDUENT'S FINANCIAL SERVICES AND HEALTHCARE SECTOR LED BY GROUP CHIEF EXECUTIVE PRATAP SARKER.  Full Article

BRIEF-Ile-De-France Mobilites Chooses Worldline And Conduent Consortium To Build Central System Of “Smart Navigo”

* ANNOUNCED TODAY THAT ILE-DE-FRANCE MOBILITES CHOSE THE WORLDLINE AND CONDUENT CONSORTIUM TO BUILD THE CENTRAL SYSTEM OF THE “SMART NAVIGO” (ILE-DE-FRANCE TRANSPORT PASS)