Conduent Incorporated reports developments for a global technology-driven business solutions and services company serving commercial, government and transportation clients. News commonly covers operating results, new business activity, cost and efficiency programs, and digital process services built around cloud computing, artificial intelligence, machine learning, automation and analytics.
Company updates also address GenAI-enabled finance and procurement tools such as FastCap, healthcare payer operations supported by Health Solutions Plus, HR service modernization, electronic benefits transfer security, tolling services and public-sector payment programs. Governance announcements, including board and senior leadership changes, are recurring corporate news themes for CNDT.
Conduent (CNDT) plans to report its third-quarter 2026 financial results on November 5, 2026, after market close.
Management will present the results during a conference call and webcast at 4:30 p.m. ET. The live audiocast, news release and presentation slides will be available on the company's investor website.
Conduent (CNDT) completed a $447 million refinancing transaction with existing bank lenders, extending maturities and securing additional credit commitments.
The transaction extends its $357 million revolving credit facility from October 2026 and May 2028 maturities to May 2029. It adds $90 million in commitments, including a $15 million letter-of-credit facility. Conduent has also completed the sale of its Public Transit business and announced the sale of its Tolling business, using divestiture proceeds to repay debt. The company expects these portfolio actions and the refinancing to reduce its surety bond and letter-of-credit portfolio by approximately $550 million upon completion of the Tolling sale.
Conduent (Nasdaq: CNDT) is collaborating with New Jersey’s Department of Human Services to provide chip-enabled benefit cards designed to prevent theft.
The cards are available to Supplemental Nutrition Assistance Program and Work First New Jersey cash assistance clients. New Jersey is the third Conduent-supported state to introduce chip-enabled electronic benefit transfer cards and the first to include tap-to-pay. Cardholders can insert cards or tap at enabled terminals. They should continue locking cards when not in use and protecting their personal identification numbers.
Conduent (CNDT) completed the sale of its Public Transit Business to Modaxo at a base purchase price of $164 million. The price is subject to customary adjustments. The business includes Transit Fare Management and Fleet Management Solutions, with operations across North America, Europe, Australia, the Middle East and Latin America.
Conduent also has agreed to sell its Tolling business to Quarterhill, with closing expected before the end of 2026. Upon completion, Conduent will have exited its Transportation segment and will operate across its Commercial and Government segments. The company describes the divestitures as part of its strategy to simplify its portfolio and focus on its core businesses.
Conduent (CNDT) outlined its ASCEND 2026-28 strategy at Investor Day, setting out a three-year path toward growth and profitable performance. The framework aims to standardize operations and infrastructure, specialize in core solutions and scale sales efforts around priority industries.
The company plans to concentrate on its Government and Commercial businesses, particularly healthcare and financial operations. Its approach includes greater use of shared services, AI, automation and analytics, alongside stronger performance management. Conduent also plans to align sales resources with priority opportunities, expand existing client relationships and pursue targeted new customers. The foundational reset remains underway.
Conduent (CNDT) will host an Investor Day in New York City on September 30, 2026, with a public webcast.
The event runs from 8:25 a.m. to 12:30 p.m. ET at The Pierre Hotel. Chief Executive Officer Harsha V. Agadi and other executives will discuss long-term strategy, portfolio priorities and growth opportunities, followed by a question-and-answer session.
Conduent (CNDT) appointed Narayanan Sundaresan as Chief Information and Technology Officer, effective September 14, 2026.
Sundaresan will lead Conduent’s global technology organization and strategy, with a focus on accelerating AI-powered capabilities across the enterprise and strengthening the secure, reliable and scalable technology foundation supporting clients and operations. He brings more than 28 years of experience in enterprise technology, digital transformation, AI-driven business transformation and cybersecurity.
His prior roles include Global CIO and Senior Vice President, Digital Products & Technology at Strategic Education and technology leadership positions at Capella Education Company.
Conduent (Nasdaq: CNDT) has been named a Leader in NelsonHall’s 2026 NEAT assessment for HR Transformation Services in the Experience & Engagement segment, marking its 10th consecutive Leader ranking. NelsonHall cites Conduent’s combination of deep HR operations expertise with AI, automation, workflow orchestration and knowledge management to improve employee experiences and business outcomes.
The company’s GenAI virtual assistant Conni achieved 86% self-service resolution of employee questions during the 2026 benefits enrollment period, with a 21% reduction in live-chat demand and 24% lower handle time. One large client recorded more than 550 daily Conni interactions and over 4,500 additional daily employee logins to Life@Work Connect.
Conduent (Nasdaq: CNDT) announced an expanded enterprise AI strategy through a collaboration with Google Cloud, integrating Google’s Gemini models into its Viewpoint platform for eDiscovery and legal workflows. The core GenAI feature, Enhanced Review, applies user-defined protocols to identify relevant content, detect legal issues and surface high-risk documents with transparent reasoning.
According to Conduent, Enhanced Review can cut document‑intensive analysis effort by 30–60%, while Viewpoint Apps and the CyberMine and Viewpoint Data Breach Analyzer integration extend AI across eDiscovery and data breach response. Clients can deploy Viewpoint as SaaS on Google Cloud, on‑premises or via managed services.
Conduent (Nasdaq: CNDT) reported Q2 2026 revenue from continuing operations of $531M, down 11.9% year over year. GAAP net loss was $116M and loss before income taxes from continuing operations was $57M. Adjusted EBITDA from continuing operations was $16M with a 3.0% margin, both below Q2 2025 levels, mainly reflecting lower Government segment profitability and higher restructuring costs tied to the company’s transformation plan.
Operating cash flow improved to $7M from $(15)M a year earlier, and adjusted free cash flow improved to $(8)M from $(30)M. Conduent signed agreements to sell its Public Transit business to Modaxo for $164M and its Tolling business to Quarterhill for $70M plus a 7% equity interest, for expected gross proceeds of about $234M, with most proceeds intended for debt reduction. New business signings ACV from continuing operations reached $99M. The company reaffirmed an FY 2026 outlook for revenue of $2.15B–$2.25B and adjusted EBITDA from continuing operations of $140M–$170M.