Shares of Conduent Inc (CNDT) tumbled 6.61% in pre-market trading on Wednesday, following the release of the company's underwhelming fourth-quarter 2024 earnings results.
Conduent reported Q4 revenue of $800 million, missing analyst expectations. The company posted an adjusted earnings per share loss of $0.15 and a net loss of $12 million for the quarter. Adjusted EBITDA margin came in at a low 4%, reflecting ongoing profitability challenges.
The dismal earnings figures fell short of market forecasts, triggering a sharp sell-off in Conduent's stock during the pre-market session. Investors appeared concerned about the company's ability to drive growth and improve its financial performance amid heightened competition and macroeconomic pressures.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。