Nov. 12 at 3:01 PM
Noble Capital Markets Research Report: Conduent (
$CNDT) – 2026 Pipeline Growing Despite Q3 Headwinds
Q3 hits headwind. Conduent reported Q3 revenue of
$767 million and adj. EBITDA of
$40 million, modestly below our estimates of
$794 million and
$44 million. While sales in the Commercial segment lagged, Transportation delivered strong revenue growth (+15% Y/Y) and Government margins expanded to 25.6%. Totally company adj. EBITDA margins improved 110 bps year-over-year, underscoring steady operational progress.
Read more: https://www.channelchek.com/news-channel/conduent-cndt-2026-pipeline-growing-despite-q3-headwinds