CONDUENT Inc 8K

Conduent Inc. reported weaker Q2 2026 results alongside transportation-business divestitures and reiterated a 2026 outlook focused on portfolio simplification, cost savings, and a return to positive free cash flow by 2027.

On August 10, 2026, Conduent Inc. furnished an investor presentation detailing its Q2 2026 financial and operating results, highlighting an 11.9% year-over-year revenue decline to $531 million, a decrease in adjusted EBITDA to $16 million (3.0% margin), and negative adjusted free cash flow of $8 million, while also outlining its strategic shift through the pending divestitures of its Public Transit and Tolling businesses (for approximately $234 million in expected gross proceeds including cash and a 7% equity interest in Quarterhill Inc.), progress on a $100 million cost-savings program, a $3 billion qualified sales pipeline, key new and renewal contract wins in commercial and government healthcare (including Medicaid platforms and EBT EMV rollouts), and its FY 2026 outlook calling for $2.15–$2.25 billion in revenue, $140–$170 million of adjusted EBITDA from continuing operations, more than $200 million in divestiture consideration, over $100 million in cost efficiencies by the end of 2027, and achieving positive free cash flow in 2027.

Filing Facts

CIK

1677703

Ticker

-

Form

8K

Source Type

sec

Accession

0001677703-26-000091

Alert Tier

7