Try Alerts Free   |   Login
Technology › Services-Business Services, Nec

CNDT Price Correlated With Financials For Conduent

Free historical financial statements for Conduent Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 22 quarters since 2017. Compare with CNDT stock chart to see long term trends.

CNDT Stock Compared to Quarterly

CNDT Income Statement

Revenue, Net:928000000
Revenue Per Share:4.3004
Cost of Goods & Services Sold:727000000
Selling, General & Admin Expense:113000000
Research & Development Expense:2000000
Total Operating Expenses:923000000
Operating Income:5000000
Income Taxes:5000000
Net Income:0
Earnings Per Share, Basic:-0.01
Shares Outstanding, Basic Avg:215795311

CNDT Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:53000000
Change in Accounts Receiveable:29000000
Net Cash from Operations:-16000000
Net Cash from Operations Per Share:-0.0741
Issuance of Long-term Debt:null
Net Cash from Financing Activities:-11000000
Property, Plant & Equipment Purchases:17000000
Net Cash from Investing Activities:-31000000
Net Change in Cash & Equivalents:-63000000

CNDT Balance Sheet

Cash and Cash Equivalents:530000000
Accounts Receivable, Net:684000000
Total Current Assets:1597000000
Property, Plant & Equipment, Net:263000000
Total Assets:3900000000
Accounts Payable:166000000
Current Portion of Long-Term Debt:30000000
Total Short-Term Liabilities:895000000
Total Liabilities:2533000000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Skelton Clifford   President and CEO
47,675 sh at $4
$201,617
Buy
Wood Stephen Henry   EVP, Chief Financial Officer
47,455 sh at $4
$199,786
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Carl Icahn
38,149,336 sh
 
$196,851
Blackrock Inc.
16,966,185 sh
1,099,590 sh
7%
$87,546
$2,817
Vanguard Group Inc
15,366,678 sh
-868,991 sh
-5%
$79,292
-$7,406
Neuberger Berman Group LLC
13,300,164 sh
-61,487 sh
0%
$68,093
-$2,681
Dimensional Fund Advisors LP
6,785,151 sh
404,768 sh
6%
$35,011
$940
William Blair Investment Management, LLC
6,347,437 sh
-643,855 sh
-9%
$32,753
-$13,320
Victory Capital Management Inc
4,232,123 sh
418,521 sh
11%
$21,892
$1,528
Segall Bryant & Hamill, LLC
3,841,431 sh
30,545 sh
1%
$19,820
-$531
Charles Schwab Investment Management Inc
3,407,178 sh
-6,999 sh
0%
$17,582
-$650
Nordea Investment Management Ab
2,898,833 sh
1,544,375 sh
114%
$14,697
$7,369
Geode Capital Management, LLC
2,843,393 sh
-59,541 sh
-2%
$14,671
-$830
Renaissance Technologies LLC
1,867,700 sh
-208,700 sh
-10%
$9,637
-$1,451
Smith, Graham & Co., Investment Advisors, Lp
1,800,050 sh
142,659 sh
9%
$9,288
$438
Northern Trust Corp
1,670,646 sh
-79,670 sh
-5%
$8,621
-$724
Wedge Capital Management L L P/Nc
1,494,319 sh
-140,647 sh
-9%
$7,711
-$3,063
Royce & Associates Lp
1,458,492 sh
62,300 sh
4%
$7,526
$70
Deutsche Bank Ag\
1,287,681 sh
1,092,896 sh
561%
$6,644
$5,604
Bank Of New York Mellon Corp
1,058,972 sh
36,888 sh
4%
$5,464
$6
AMH Equity Ltd
1,000,000 sh
500,000 sh
100%
$5,160
$2,490
Morgan Stanley
782,273 sh
337,258 sh
76%
$4,035
$1,659
COMPANY PROFILE
Basis of Presentation References herein to “we,” “us,” “our,” the “Company” and “Conduent” refer to Conduent Incorporated and its consolidated subsidiaries unless the context suggests otherwise.

Description of Business

As one of the largest diversified business process services companies in the world, Conduent delivers mission-critical solutions and services on behalf of businesses and governments – creating exceptional outcomes for its clients and the millions of people who count on them. Through its dedicated people, processes and technologies, Conduent's services and solutions enhance customer experience, increase efficiencies, reduce costs and improve performance for most Fortune 100 companies and more than 500 government entities.

Basis of Presentation

The unaudited interim Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) on a basis consistent with reporting interim financial information in accordance with instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (SEC). Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. The year-end Condensed Consolidated Balance Sheet was derived from the audited Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021. Certain reclassifications have been made to prior year information to conform to current year presentation. Intercompany balances and transactions have been eliminated. In the opinion of management, all adjustments necessary for a fair statement of the financial position, results of operations and cash flows have been made. These adjustments consist of normal recurring items. The interim results of operations are not necessarily indicative of the results of the full year. These financial statements should be read in conjunction with the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021.

The Company has evaluated subsequent events through May 3, 2022 and no material subsequent events were identified.

Use of Estimates

Preparation of financial statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates. On an ongoing basis, the Company evaluates its estimates, including those related to fair values of financial instruments, goodwill and intangible assets, income taxes and contingent liabilities, among others. The Company bases its estimates on assumptions, both historical and forward looking, that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.

Although as of March 31, 2022, many government-imposed restrictions have been lightened or removed, the future impact of the COVID-19 pandemic continues to be highly uncertain. As a result, many of the Company's estimates and assumptions continue to require increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, the Company's estimates may change materially in the future.

Contingencies and Litigation

The Company is currently involved in various claims and legal proceedings. At least quarterly, it reviews the status of each significant matter and assesses its potential financial exposure considering all available information including, but not limited to, the impact of negotiations, settlements, rulings, advice of legal counsel and other updated information and events pertaining to a particular matter. If the potential loss from any claim or legal proceeding is considere

Data imported from Conduent Inc SEC filings. Check original filings before making any investment decision.