Conduent reports Q4 adjusted EPS (15c) vs 3c last year

Reports Q4 revenue $800M vs $953M last year. Cliff Skelton, Conduent (CNDT) President and Chief Executive Officer stated, “2024 proved to be broadly in line with what we planned for. It was a year we said would be characterized by a continued shift to growth, with a focus on new leadership, a rationalized portfolio, improved industry recognition, and improved client retention. It was all of that and more, enhanced by divestitures with solid multiples and a 50% reduction in debt compared to year-end 2023.”