Conduent ( (CNDT) ) has released its Q4 earnings. Here is a breakdown of the information Conduent presented to its investors.
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Conduent Incorporated is a global technology-led business process solutions and services company that operates across the commercial, government, and transportation sectors, utilizing advanced technologies to transform client operations. In its fourth quarter and full year 2024 financial results, Conduent reported a revenue of $800 million for Q4 and $3,356 million for the full year, with key strategic shifts and operational enhancements. The company announced several divestitures that contributed to a substantial gain in pre-tax income and a notable reduction in debt. Despite a year-over-year revenue decline, the company achieved milestones in digital and AI solutions, garnering industry recognition for its services. Conduent’s liquidity remains strong, and the company has completed its share repurchase program, buying back 52 million shares. Looking forward, Conduent’s management is optimistic about 2025, focusing on portfolio rationalization and service excellence.
