CNDT - Conduent reports misses Q1 top and bottom consensus; updates FY23 outlook
2023-05-03 07:39:25 ET
- Conduent press release ( NASDAQ: CNDT ): Q1 Non-GAAP EPS of $0.00 misses by $0.04 .
- Revenue of $922M (-4.7% Y/Y) misses by $26M .
- Adj. EBITDA Margin: 9.8%.
- New business signings ACV: $125M.
- Net ARR Activity Metric ( TTM ): $108M.
- FY 2023 Outlook: Adj. Revenue of $3,700M - $3,800M vs. consensus of $3.80B; Adj. EBITDA Margin of 10.0% - 10.8%;
For further details see:
Conduent reports misses Q1 top and bottom consensus; updates FY23 outlook