Conduent (NASDAQ:CNDT) Announces Quarterly Earnings Results

Conduent (NASDAQ:CNDT) released its quarterly earnings results on Wednesday. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.04), Zacks reports. Conduent had a net margin of 12.65% and a negative return on equity of 7.94%. Conduent updated its FY 2025 guidance to EPS.

Conduent Trading Down 6.2 %

Shares of CNDT stock opened at $4.12 on Thursday. The business has a 50-day moving average price of $4.09 and a two-hundred day moving average price of $3.88. Conduent has a 12-month low of $2.96 and a 12-month high of $4.90. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.81. The firm has a market cap of $658.75 million, a P/E ratio of 1.81 and a beta of 1.41.

About Conduent

Conduent Incorporated provides digital business solutions and services for the commercial, government, and transportation spectrum in the United States, Europe, and internationally. It operates through three segments: Commercial, Government Services, and Transportation. The Commercial segment offers business process services and customized solutions to clients in various industries; and customer experience management, business operations, healthcare claims and administration, and human capital solutions.