Conduent Cuts 2025 Revenue Forecast, But CEO Says Capital Plan On Track With Cash Cushion
Conduent Inc (NASDAQ: CNDT) shares fell Friday morning after the company reported mixed financial results for the third quarter of 2025.
Revenue and Earnings
The company posted revenue of $767 million, a decline of 5% year-over-year and below analyst expectations of $794.33 million. Adjusted revenue was also $767 million, down about 1.8% from last year.
GAAP diluted earnings per share showed a loss of $0.30 compared to earnings of $0.72 a year earlier. Adjusted EPS reflected a loss of $0.09, missing the consensus estimate of a $0.07 loss but marking an improvement over the $0.14 loss from the previous year.
Operational Performance
Adjusted EBITDA increased to $40 million, expanding the margin to 5.2% from 4.1% a year earlier, indicating efficiency gains despite the revenue pressure.
Business Highlights
- New business signings in Annual Contract Value (ACV) reached $111 million.
- The Net ARR Activity Metric (TTM) rose to $25 million, showing positive momentum in recurring revenue growth.
Cash Flow and Balance Sheet
Operating cash flow for the quarter was negative $39 million, with adjusted free cash flow at negative $54 million. The company ended the quarter holding $264 million in cash and had $198 million in unused capacity on a renewed credit facility. Total debt stood at $713 million.
“Despite softer revenue, our operational performance and liquidity remain solid as we continue executing our capital plan,” the company stated.
Author’s Summary
Conduent’s Q3 2025 results showed lower sales but improved efficiency and stable liquidity, signaling resilience amid ongoing financial challenges.