Conduent (CNDT) Reports Q4 Loss of $33M, Revenue Misses $792.3M Forecast

Conduent Incorporated (CNDT) reported a fourth-quarter loss of $33 million, or 23 cents per share, with adjusted non-recurring losses at 9 cents per share. Revenue totaled $770 million, below the $792.3 million average estimate from Zacks. For the year, the company recorded a loss of $170 million, or $1.14 per share, with revenue of $3.04 billion.