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.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNDT:
- CNDT Earnings this Week: How Will it Perform?
- Conduent up 20% after report of exploring potential sale
- Conduent exploring sale after receiving takeover interest, Reuters reports
- Conduent to explore sale in response to takeover interest, Reuters says
- Conduent jumps 10% after report of exploring potential sale