Home / Business and Economy / Conduent Shares Slide on Weak Q3 2025 Earnings
Conduent Shares Slide on Weak Q3 2025 Earnings
7 Nov
Summary
- Conduent's Q3 2025 revenue down 5% year-over-year
- Adjusted EPS loss of 9 cents, missing analyst estimates
- Adjusted EBITDA margin improves to 5.2% despite revenue challenges
On November 7, 2025, Conduent Inc. (NASDAQ:CNDT) reported its third-quarter 2025 financial results, which sent the company's shares tumbling. The business process services provider recorded revenue of $767 million, down 5% from the same period a year earlier and below the $794.33 million analyst consensus estimate.
Adjusted revenue also stood at $767 million, a 1.8% decline. Conduent's GAAP diluted earnings per share (EPS) was a loss of 30 cents, compared to earnings of 72 cents a year ago. Adjusted EPS came in at a 9 cents loss, missing the 7 cents loss consensus but improving from a 14 cents loss in the prior-year quarter.
Despite the challenging revenue trends, Conduent's adjusted EBITDA rose to $40 million, with the margin expanding to 5.2% from 4.1% in the year-ago period, signaling operational improvements. The company also reported momentum in new business signings and recurring revenue growth efforts.
However, operating cash flow for the quarter was negative $39 million, and adjusted free cash flow was negative $54 million. Conduent ended the quarter with $264 million in cash and $198 million of unused capacity in its renewed credit facility, with total debt reaching $713 million.
