Conduent Inc Stock Price, News & Analysis

Conduent (Nasdaq: CNDT) announced a leadership transition in its Board of Directors. Harsha V. Agadi has been appointed as the new Chairman of the Board, effective August 6, 2025, succeeding Scott Letier, who will now chair the Board's Audit Committee.

Agadi, who joined Conduent's Board in 2025 and previously led its Audit Committee, brings over 35 years of experience in executive leadership and corporate governance. The transition is part of the Board's planned rotation of roles and strategic governance practices, as disclosed in a Form 8-K filing on June 25.

Conduent (Nasdaq: CNDT) has announced a strategic collaboration with Fairmarkit to enhance its procurement and finance capabilities through AI-powered technologies. The partnership combines Conduent's FastCap® Finance Analytics with Fairmarkit's autonomous sourcing platform to optimize procurement workflows.

Since 2021, FastCap has identified over $800 million in savings and recoveries, representing up to 10% of addressable spend. The integration of FastCap and Fairmarkit is expected to drive an additional 3-6% in savings through spend compliance, automated bidding, and enhanced supply options.

The collaboration aims to streamline procurement processes, enhance sourcing accuracy, and expand cost-saving opportunities through AI-driven insights and real-time data analytics.

Conduent (Nasdaq: CNDT), a global technology-driven business solutions and services company, will release its second-quarter 2025 financial results on Wednesday, August 6, 2025, before the market opens.

The company will host a conference call and webcast at 9:00 a.m. ET to discuss the results. Investors can access the call via audiocast at investor.conduent.com, or by calling 877-407-4019 (US) or +1 201-689-8337 (International) using conference ID 13754400. A recording will be available until August 20, 2025.

Conduent (Nasdaq: CNDT) announced expanded deployment of its Electronic Benefits Transfer (EBT) security solutions across U.S. states. The company's lock/unlock feature, now active in 12 states, allows SNAP benefit recipients to control their accounts through the ConnectEBT mobile app and portal.

The solution is part of Conduent's VeriSight Anti-Fraud Suite, which includes intelligent IVR systems for detecting suspicious calls and real-time usage alerts. The company is also preparing to implement EMV chip technology for SNAP cards and mobile wallet integration with Apple Pay and Google Pay to enhance security and user convenience.

The 12 states currently using the lock/unlock feature are Alabama, Delaware, Georgia, Indiana, Iowa, Maryland, New Jersey, Ohio, Oklahoma, Pennsylvania, South Carolina, and Virginia, with more states expected to adopt soon.

Conduent (Nasdaq: CNDT) has implemented a new EMV contactless payment system for Navigazione Laghi's boat fleet in northern Italy, marking one of the first such systems for boat transportation in the country. The system enables passengers to make tap-in and tap-out payments using contactless cards and digital wallets on board the vessels.

The implementation complements Conduent's previously installed electronic ticketing system at ticket offices across Lakes Maggiore, Garda, and Como, serving approximately 12 million annual passengers. This advancement modernizes fare collection and enhances the digital payment infrastructure for Navigazione Laghi, the government agency operating the boat fleet.

The solution is part of Conduent Transportation's global presence, with fare collection systems operating across more than 400 public transit networks worldwide.

Conduent (Nasdaq: CNDT) has achieved Leader status in two key 2025 NelsonHall NEAT assessments for HR & Talent Transformation services. The company excels in Benefits Administration and Experience-Led HR Transformation, demonstrating strength in advanced technology integration, including GenAI and AI-driven personalization.

The company's Life@Work® Connect Experience Platform offers comprehensive benefits administration services, featuring personalized wellness solutions and AI-driven recommendations. Conduent's HR transformation capabilities include 125 globally configurable HR processes and a team of over 5,000 professionals across HR, payroll, benefits, and learning administration.

Notably, Conduent secured Leader positions in 5 out of 6 categories in Benefits Administration and 9 out of 10 categories in Experience-Led HR Transformation, while being named an Overall Market Leader in both reports.

Conduent Transportation will showcase its advanced transit technologies at Transport Ticketing North America in Chicago, featuring its innovative 3D Fare Gate Solution. The company's fare gates, which use computer vision to distinguish people from objects while preventing fare evasion, have gained significant traction with major transit authorities. NJ TRANSIT selected Conduent for two stations, while SEPTA agreed to install 100 gates across nine Philadelphia stations following successful revenue improvements during a pilot program. The MTA in New York named Conduent as a potential vendor, with testing planned at five stations. Additional technologies on display include the DOT1 Ticket Vending Machine with AI integration and the VPE 430 Universal Validator for multiple ticket formats. Conduent Transportation operates in over 20 countries, providing mobility services for 50+ years.

Conduent (NASDAQ: CNDT) has been named to Newsweek's 2025 Global Most Loved Workplaces® list for the third consecutive year, ranking among the Top 100 companies worldwide. The recognition highlights Conduent's commitment to maintaining a workplace culture founded on trust, respect, purpose, and employee connection. The ranking was developed by Best Practice Institute (BPI) through analysis of over two million employees globally. The assessment focused on five key areas: optimism about company growth, career opportunities, alignment of values, respect and inclusiveness, and team collaboration. CEO Cliff Skelton emphasized that this recognition reflects their associates' genuine sentiment about working at Conduent and their dedication to fostering a positive workplace culture that benefits employees, clients, and communities.

Conduent (NASDAQ: CNDT) reported its Q1 2025 financial results with mixed performance. The company recorded revenue of $751 million, representing an 18.5% year-over-year decline, and an adjusted revenue decline of 8.5%. The company posted a pre-tax loss of $56 million, compared to a profit of $127 million in Q1 2024, primarily due to the prior year's BenefitWallet portfolio transfer gain.

Despite challenges, there were some positive indicators: Adjusted EBITDA increased to $37 million with a margin of 4.9%, showing improvement from 4.4% in Q1 2024. New business signings and Net ARR Activity Metric showed year-over-year improvement. The company maintained a strong liquidity position with $293 million in cash and an largely undrawn $550 million credit facility.

Conduent reaffirmed its FY 2025 outlook, projecting adjusted revenue between $3.1-3.25 billion and adjusted EBITDA margin of 4.5-5.5%. The company also highlighted several new contract wins and technological achievements, including AI implementations and transit system modernizations.