Stock Track | Conduent Plunges 6.61% in Pre-Market on Disappointing Q4 Earnings

Stock Track

Feb 12, 2025

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.

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Investors appeared concerned about the company's ability to drive growth and improve its financial performance amid heightened competition and macroeconomic pressures.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CNDT","symbol_name":"Conduent Inc","start_time":0,"source_url":"","article_id":"1119798812","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1119798812","pubTimestamp":1739365578,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Conduent Inc  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. 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