EXHIBIT 99.1 Conduent Incorporated 100 Campus Drive, Suite 200 Florham Park, NJ 07932 www.conduent.com Conduent Reports Third Quarter 2024 Financial Results Key Q3 2024 Highlights • Revenue: $807M • Adj. Revenue : $781M (1) • Pre-tax Income: $159M (1) • Adj. EBITDA Margin : 4.1% (2) • New Business Signings ACV : $111M (2) • Net ARR Activity Metric (TTM): $46M FLORHAM PARK, NJ, November 6, 2024 - Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions and services company, to ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

KING OF PRUSSIA, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- MedRisk, a leader in managed physical rehabilitation in workers' compensation, has completed the acquisition of the Casualty Claims Solutions business, including the portfolio of Strataware® products, services, and technologies, from Conduent Incorporated (Nasdaq: CNDT). The acquired business encompasses workers' compensation and auto casualty bill review solutions and services, including the processing of medical bills and clinical services. Today, t ...

| --- | --- | |-------|-------| | | | | | | Cautionary Statements Forward-Looking Statements This document, any exhibits or attachments to this document, and other public statements we make may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "estimate," "expect," expectations," "in front of us," "plan," "intend," "will," "aim," "should," "could," "forecast," "target," "may," "continue to," "looking to continue," "end ...

Financial Data and Key Metrics - Q2 2024 adjusted revenue was $811 million, down 4.7% YoY, and adjusted EBITDA was $29 million with a 3.6% margin, exceeding expectations [5] - Net ARR turned negative for the first time at -$49 million, but recovery to positive is expected in Q3 2024 [13] - Adjusted EBITDA margin is expected to improve sequentially, reaching 3.75% to 4.25% in Q3 2024 [33] - Full-year 2024 adjusted revenue is projected to be between $3.325 billion and $3.375 billion, with adjusted EBITDA margin in the range of 4% to 5% [27] Business Line Performance - Commercial segment revenue declined 3.8% YoY to $425 million, with adjusted EBITDA down 12.8% to $41 million [17] - Government segment revenue fell 9.3% YoY to $245 million, driven by contract terminations and lower SNAP volumes [19][20] - Transportation segment revenue increased 1.4% YoY to $141 million, with adjusted EBITDA at $3 million [22] Market Performance - Commercial sales showed strength, particularly in CX and BPaaS spaces, with $82 million in ACV [12] - Government and Transportation segments saw strong add-on business from existing clients, with a strong pipeline in Government Healthcare [12] - Transportation segment benefited from the implementation ramp of a large transit project in Australia, offset by a pricing adjustment in tolling business [22] Strategic Direction and Industry Competition - The company is focused on portfolio rationalization, with $1 billion of deployable capital, 66% of which has been used for debt prepayment and share repurchases [8][32] - Divestitures have reduced net leverage to 1.7x, with a target of 1x by 2025 [25][32] - The company is investing in generative AI initiatives, with promising pilots in fraud detection and document management [40][41] Management Commentary on Operating Environment and Future Outlook - Management expects sequential improvement in EBITDA margins through 2024 and 2025, driven by cost efficiency programs and stranded cost removal [15][16] - The company is confident in achieving its 2025 exit rate targets, with a strong sales pipeline and cost reduction initiatives [32] - Management highlighted the importance of cross-segment opportunities, particularly in public sector markets for human capital and finance solutions [38][39] Other Important Information - The company repurchased 43.3 million shares, including all shares previously owned by Carl Icahn, simplifying decision-making and capital allocation [24][46] - Capital expenditure in Q2 was 3.6% of revenue, expected to be around 3% for full-year 2024 [26] - The company is partnering with a leading cybersecurity firm to address PII and PHI identification in data breaches [42] Q&A Session Summary Question: Impact of Carl Icahn's share divestiture on decision-making - The divestiture simplifies decision-making, as the board is now smaller and more aligned on capital allocation and strategy [45][46] Question: Confidence in full-year targets - Confidence is driven by cost efficiency programs, sequential EBITDA improvement, and a strong sales pipeline [47][48] Question: Potential for additional divestitures - No major divestitures are expected, but opportunistic offers for discrete assets may be considered [50][51] Question: Microsoft AI partnership and client receptivity - The partnership with Microsoft is focused on proven AI pilots, particularly in fraud detection and document management, with strong client interest [55][56] Question: Government Direct Express contract status - The contract is complex and risky, with a high probability of retention despite informal negotiations with another bank [57][58] Question: Future capital return to shareholders - The company has deployed $880 million of its $1 billion capital target, with $120 million to $140 million remaining for future allocation, potentially for shareholder returns [60][61] Question: Outsourcing trends in healthcare and other sectors - Outsourcing interest is increasing in healthcare, logistics, and public sector markets, with a focus on nearshore and offshore capabilities [65][66] Question: Geographic markets for outsourcing - Traditional markets like the Philippines and India remain strong, with some exploration of new regions like South Africa and Egypt [68] Question: Revenue model for GenAI and Microsoft collaboration - The collaboration is focused on hosting solutions in Azure, with mutual benefits from increased GenAI adoption [69]

Conduent (CNDT) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 46.15%. A quarter ago, it was expected that this company would post a loss of $0.15 per share when it actually produced a loss of $0.09, delivering a surprise of 40%. Over the last four quarters, the company has surpassed con ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q _______________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37817 CONDUENT INCORPORATED _________________________________________________ ...

EXHIBIT 99.1 News from Conduent Conduent Incorporated 100 Campus Drive, Suite 200 Florham Park, NJ 07932 www.conduent.com | --- | |--------------------------------------------------------------------| | | | Conduent Reports Second Quarter 2024 Financial Results | | Key Q2 2024 Highlights | | • Revenue: $828M | | • Adj. Revenue : $811M (1) | | • Pre-tax Income: $300M | | (1) • Adj. EBITDA Margin : 3.6% | | (2) • New Business Signings ACV : $142M | | (2) • Net ARR Activity Metric (TTM): $(49)M | FLORHAM PARK, ...

Key Q2 2024 Highlights Revenue: $828M Adj. Revenue(1): $811M Pre-tax Income: $300M Adj. EBITDA Margin(1): 3.6% New Business Signings ACV(2): $142M Net ARR Activity Metric(2) (TTM): $(49)M FLORHAM PARK, N.J., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a global technology-led business process solutions and services company, today announced its second quarter 2024 financial results. Cliff Skelton, Conduent President and Chief Executive Officer stated, "We are pleased to report that our Adjusted ...