Conduent Inc. reported third quarter 2025 revenue of $767.0 million. GAAP net loss was $46.0 million, compared to net income of $123.0 million in the prior-year period, primarily due to a divestiture-driven gain in the previous year. Adjusted EBITDA was $40.0 million, up 25.0% from $32.0 million a year ago, with an adjusted EBITDA margin of 5.2%, up 110 basis points year-over-year. GAAP diluted EPS was $(0.30), while adjusted diluted EPS was $(0.09). Cash flow from operating activities was $(39.0) million, and adjusted free cash flow was $(54.0) million. The company ended the quarter with a cash balance of $264.0 million and $198.0 million in unused credit facility capacity. Key business developments included the refinancing of its revolving credit facility, the repurchase of approximately 4.7 million shares of common stock, and the integration of generative AI and advanced technologies into government solutions. New business signings annual contract value totaled $111.0 million.