Conduent (CNDT) Q3 2025 Earnings: Revenue Misses at $767M as Adjusted EBITDA Margin Climbs to 5.2%; FY 2025 Margin Outlook 5.0%–5.5%, Shares Slide
Conduent posted Q3 2025 revenue of $767 million, down 5% year-over-year, and Adjusted EBITDA of $40 million at a 5.2% margin. Shares dropped sharply after results missed revenue expectations despite margin gains. Management reaffirmed full-year margin guidance and revenue outlook. The company reported a GAAP loss of $46 million for the quarter.