CNDT - Conduent Incorporated
Conduent Incorporated (NASDAQ:CNDT) shares are up during Friday's premarket session, as the company has announced an agreement to sell its Public Transit business to Modaxo for $164 million.
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology‑driven business solutions and services provider, today announced that it has entered into a definitive agreement to sell its Public Transit business, an operating unit of Conduent Transportation, to Modaxo, a global technology organization focused on moving the world's people. The Public Transit business consists of Transit Fare Management and Fleet Management Solutions businesses. The sale has a purc.
TORONTO, May 21, 2026 (GLOBE NEWSWIRE) -- Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world's people, today announced that it has signed a definitive agreement to acquire the Public Transit Business, consisting of Transit Fare Management and Fleet Management Solutions businesses, from Conduent Incorporated. Completion of the acquisition remains subject to closing conditions.
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-driven business solutions and services company, today announced the appointment of Adam Demuyakor to its Board of Directors, effective June 1, 2026. Mr. Demuyakor brings experience in technology, strategic investing, and business transformation, with a track record of advising organizations on innovation, enterprise modernization, and growth. Mr. Demuyakor is Founder and Managing Partner of Wilshire L.
Conduent Incorporated (CNDT) Shareholder/Analyst Call Prepared Remarks Transcript
Conduent Incorporated (CNDT) Q1 2026 Earnings Call Transcript
Conduent NASDAQ: CNDT reported improved profitability and cash flow in the first quarter of 2026 while outlining a broader plan to reduce costs, sharpen its commercial focus and use artificial intelligence to support margin expansion.
Conduent (CNDT) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to a loss of $0.13 per share a year ago.
Key Q1 2026 Highlights Revenue: $723M, down 3.7%. Growth in Government and Transportation segments Pre-tax Income (Loss): $(27)M, improved by $29M year-over-year Adj.
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Delivering on the promise of GenAI: Conduent solutions found millions in savings from spend optimization, identification of duplicate or over payments.
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-driven business solutions and services company, plans to report its first-quarter 2026 financial results on Monday, May 11, 2026 after market close. Management will present the results during a conference call and webcast at 5:00 p.m. ET. The call will be available by live audiocast along with the news release and online presentation slides at https://investor.conduent.com. The conference call will al.
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Named a Leader in Everest Group's 2026 Healthcare Payer Intelligent Operations PEAK Matrix® Assessment.
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Conduent, a vendor for Priority Health, experienced a cybersecurity incident on January 13, 2025. Priority Health was informed on April 21, 2025. The delay in notification resulted primarily from the extensive and complex data sets that Conduent needed to analyze, followed by the validation and additional requirements necessary once the information was provided to Priority Health. The incident occurred in the systems of Conduent, a third-party vendor that p.
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-driven business solutions and services company, today announced the appointment of Greta Van to its Board of Directors. Van brings more than two decades of progressive leadership experience spanning finance, audit, enterprise risk management, and strategic operations within global, publicly traded organizations. Van currently serves as Chief Audit Executive at Jack Henry & Associates, a leading fi.
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Survey Reveals Employers Struggling to Balance Rising Healthcare Costs and Employee Expectations for Comprehensive Health & Wellness Benefits.
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Named a Leader in NelsonHall's 2026 NEAT Evaluation for Healthcare Payer Agility & Innovation.
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-driven business solutions and services company, has been named to the 2026 “GovTech 100” list compiled by Government Technology magazine and GovTech.com. This marks the fifth consecutive year Conduent has been included, recognizing the company's role in helping governments and businesses improve interactions with patients, customers, and employees. Launched in 2016 and updated annually, the GovTech 10.
Conduent Inc. (NASDAQ: CNDT - Get Free Report) CEO Harshavardhan Agadi purchased 117,099 shares of the business's stock in a transaction that occurred on Friday, February 20th. The stock was acquired at an average price of $1.56 per share, for a total transaction of $182,674.44. Following the acquisition, the chief executive officer owned 337,099 shares in
The spillover from a ransomware attack on one of the largest government contractors in the United States keeps getting bigger: more than 25 million people have now had personal data stolen in the hack.