Adjusted Net Income (Loss), Adjusted Diluted Earnings per Share, Adjusted Weighted Average Common Shares Outstanding, and Adjusted Effective Tax Rate. This represents Goodwill impairment charges related to the unanticipated losses of certain customer contracts, lower potential future volumes and lower than expected new customer contracts for all reporting units. 261 0 obj <>stream Management cautions that amounts presented in accordance with Conduent's definition of Adjusted EBITDA and Adjusted EBITDA Margin may not be comparable to similar measures disclosed by other companies because not all companies calculate Adjusted EBITDA and Adjusted EBITDA Margin in the same manner. endstream endobj startxref Conduent, Inc. (CNDT 0.90%) Q1 2021 Earnings Call . Conduent GSP February 2021 . Conduent Seamless Transportation System is a universal system for secure, ticketless public transport and service payments by smartphone. FLORHAM PARK, N.J., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a global technology-led business process solutions company, today announced its third quarter 2022 financial results. 313 0 obj <>/Filter/FlateDecode/ID[<28E402DF5CB4D847AC696F8DC6F3621F>]/Index[294 28]/Info 293 0 R/Length 98/Prev 118551/Root 295 0 R/Size 322/Type/XRef/W[1 3 1]>>stream FLORHAM PARK, N.J., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a business process services and solutions company, today announced its fourth quarter and full year 2021 financial results. We believe these non-GAAP measures allow investors to better understand the trends in our business and to better understand and compare our results. Our client satisfaction ratings have increased for the third consecutive year, contributing to new client wins and better retention which in turn, resulted in the Net ARR Activity metric being positive for the fifth consecutive quarter. We use Free Cash Flow as a measure of liquidity to determine amounts we can reinvest in our core businesses, such as amounts available to make acquisitions and invest in land, buildings and equipment and internal use software, after required payments on debt. Conduent only uses @conduent.com for email communications %%EOF Net ARR Activity Metric ( 2) (TTM): Q4 $128M. Return to Work 2020 - Conduent Related Links you just have to provide the internet. CONDUENT INCORPORATED (Gain) loss on divestitures and transaction costs. Since the global outbreak began, Over 1,800 executive actions have been issued in total across the 50 U.S. states and territories. Other charges (credits). Q4 and Full Year 2021 Performance Commentary Q1 2022 Performance Commentary 0 Prepare for the next wave For tolling agencies, new technologies are speeding and simplifying journeys while driving cost-savings and enhancing consumer experiences. Start typing a location to get suggestions, then press the down arrow to select one. Conduent, Inc. (CNDT) Q1 2021 Earnings Call Transcript However, these non-GAAP financial measures should be viewed in addition to, and not as a substitute for, the Companys reported results prepared in accordance with U.S. GAAP. Conduent achieved several milestones in client satisfaction, industry recognition and culture, including; (1) Refer to Appendix for definition and complete non-GAAP reconciliations of Adjusted Revenue, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Diluted EPS and Adjusted Free Cash Flow. (3) The tax impact of Adjusted Pre-tax income (loss) from continuing operations was calculated under the same accounting principles applied to the 'As Reported' pre-tax income (loss), which employs an annual effective tax rate method to the results and without regard to the adjustments listed. Locations | Conduent An email has been sent to you with instructions to set up your email alert. Non-GAAP Financial Measures Conduent Blog Return to Work 2020: 6 Imperatives for HR Managers Return to Work 2020: 6 Imperatives for HR Managers Published DateAugust 21, 2020 As HR leaders prepare for the next major shift, here are six imperatives that are guiding many of the mission-critical decisions that are happening right now. FLORHAM PARK, N.J., May 03, 2022 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a business process services and solutions company, today announced its first quarter 2022 financial results. hbbd```b``+@$7dHFMLnHq0,{LV9$cD .&O "DX Full year 2021 revenue of $4,140M was substantially unchanged versus prior year, benefiting from strong non-recurring stimulus payments volume in our Government Services business and new business ramp across all segments, offset by lost business from prior years. It provides travelers and transport operators with a new level of mobility. 1 0 obj Contact Us - Conduent The Net ARR Activity Metric for Q2 2022 was $104M, up 2% . How long does it take to get hired from start to finish at Conduent Our actual results may vary materially from those expressed or implied in our forward-looking statements. IF YOU HAVE ANY CONCERNS ABOUT COMMUNICATIONS FROM RECRUITERS CLAIMING TO BE FROM CONDUENT, PLEASE DONT HESITATE TO VERIFY BY CONTACTING CONDUENT HR AT: RECRUITMENTFRAUD@CONDUENT.COM. Interest expense. The international conference ID is also 13725756. Learn more at https://www.conduent.com . This passion pushes us every day to work hard, innovate, think creatively, and solve problems. We believe these non-GAAP measures allow investors to better understand the trends in our business and to better understand and compare our results. North America Overview Asia Pacific Overview Adjusted EBITDA represents income (loss) before interest, income taxes, depreciation and amortization and contract inducement amortization adjusted for the following items. endobj Outlook for Adjusted Free Cash Flow is provided as a factor of expected Adjusted EBITDA, see above. 1. Conduent Announces Fourth Quarter and Full Year 2021 Financial Results We believe these non-GAAP measures allow investors to better understand the trends in our business and to better understand and compare our results. The metric is for indicative purposes only. Adjusted EBITDA Margin is Adjusted EBITDA divided by revenue or adjusted revenue, as applicable. We make adjustments to Net Income (Loss) before Income Taxes for the following items, as applicable, to the particular financial measure, for the purpose of calculating Adjusted Revenue, Adjusted Net Income (Loss), Adjusted Diluted Earnings per Share, Adjusted Weighted Average Common Shares Outstanding, and Adjusted Effective Tax Rate: The Company provides adjusted net income and adjusted EPS financial measures to assist our investors in evaluating our ongoing operating performance for the current reporting period and, where provided, over different reporting periods, by adjusting for certain items which may be recurring or non-recurring and which in our view do not necessarily reflect ongoing performance.
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