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Thursday, August 6, 2020

-=Conduent (CNDT) reported earnings on Thur 6 Aug 20 (a/h)

Conduent beats by $0.17, beats on revs; guides Q3 revs mostly above consensus
  • Reports Q2 (Jun) earnings of $0.12 per share, excluding non-recurring items, $0.17 better than the S&P Capital IQ Consensus of ($0.05); revenues fell 8.6% year/year to $1.02 bln vs the $925.5 mln S&P Capital IQ Consensus.
  • Co issues in-line guidance for Q3, sees Q3 revs of $0.960-1.01 bln vs. $962.50 mln S&P Capital IQ Consensus. Sees Adjusted EBITDA margin of between 10.0% and 11.5%.

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