CNDT - Dividend announcements

Conduent is committed to executing either a sale or a spin-off of its Transportation business Separation will maximize shareholder value by simplifying Conduent's business model, creating two separate businesses with dedicated focus on providing exceptional outcomes for clients in their distinct markets FLORHAM PARK, N.J., April 07, 2022 (GLOBE NEWSWIRE) --  Conduent Incorporated (NASDAQ:CNDT), a business process services and solutions company, today announced it is pursuing a separation of its Transportation business through either a sale or a spin-off. Conduent's Board of Directors and management team believe that separating the Transportation business, which serves public sector tran

Sale ties to Conduent's ongoing strategy to focus on synergies within its portfolio to enhance shareholder and client value Conduent will continue to offer a range of solutions serving the healthcare industry FLORHAM PARK, N.J., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Conduent Incorporated (NASDAQ:CNDT), a business process services and solutions company, today announced it has closed the sale of its Midas Suite of Solutions to symplr® for a price of $340 million less certain customary adjustments. The signing of the transaction was announced Jan. 4, 2022. Net proceeds, after payment of taxes and related expenses, are expected to be approximately $270 million, and will be used for repayment of

Transaction expected to close in the first quarter of 2022 Companies to focus on seamless transition for clients and associates FLORHAM PARK, N.J., Jan. 04, 2022 (GLOBE NEWSWIRE) -- Conduent Incorporated (NASDAQ:CNDT), a business process services and solutions company, today announced a definitive agreement to sell its Midas Suite of Solutions to symplr®, a global leader in healthcare operations, including governance, risk management, and compliance SaaS solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Charlesbank Capital Partners ("Charlesbank"). The sale, for $340 million in cash, consists of the Midas suite of patient safety, quality,

Key Q1 2021 Highlights Revenue: $1,028M; down (2.2)% Yr/YrAdj. EBITDA Margin(1): 11.2%; up 210 bps Yr/YrFinancial performance was above internal and external expectations, driven by Government Payments, new business ramp and efficiency progressContinued new business growth: Q1 2021 Total Contract Value (TCV) new business signings of $356M, an increase of 10% vs Q1 2020Q1 2021 Annual Recurring Revenue (ARR) signings of $95M, an increase of 67% vs Q1 2020 FLORHAM PARK, N.J., May 05, 2021 (GLOBE NEWSWIRE) -- Conduent (NASDAQ:CNDT), a business process services and solutions company, today announced its first quarter 2021 financial results and a senior leadership change. Cliff Skelton, Cond

Key Highlights Revenue and Adjusted EBITDA margin at top-end of initial 2020 outlook, despite COVID headwinds.Adjusted EBITDA margin improved year-over-year driven by business mix and efficient execution.Adjusted Free Cash Flow conversion above top-end of initial guidance.Strong New Business and revenue retention activity: FY 2020 Total Contract Value (TCV) new business signings of $1,934M, an increase of 94% vs FY 2019.FY 2020 Annual Recurring Revenue (ARR) signings of $353M, an increase of 26% vs FY 2019. FLORHAM PARK, N.J., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a business process services and solutions company, today announced its fourth quarter and full year 202