$CNDT

Conduent (Nasdaq: CNDT) said Virginia’s DMAS awarded it a contract, up to 14 years, to continue operating and modernize Virginia Medicaid delivery systems. Using its Conduent Medicaid Suite, Conduent will support claims processing, finance, call centers, reporting, and related services for about 1.6 million enrollees.

CONDUENT Inc (CNDT) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. cndt-20260702 July 02, 2026 0001677703 false false 0001677703 2026-07-02 2026-07-02 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earli

Quarterhill said it will buy Conduent’s tolling technology assets for $70M cash plus 7% of Quarterhill common shares, funded via debt, with closing expected in Q4. Quarterhill expects the deal to triple tolling revenue and create a combined $2B backlog, according to company statements.

CONDUENT Inc (CNDT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. cndt-20260629 June 29, 2026 0001677703 false false 0001677703 2026-06-29 2026-06-29 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earli

Conduent has agreed to sell its public transit and fare collection business to Modaxo for $164 million. The deal includes various holdbacks, such as a $10 million one-year holdback for NTA and indemnities, and a $12 million special holdback tied to customer milestones. This divestiture is expected to streamline Conduent's portfolio and sharpen its strategic focus.

Conduent Incorporated has entered into a definitive agreement to sell its Public Transit business, which includes Transit Fare Management and Fleet Management Solutions, to Modaxo for $164 million. This strategic move aims to simplify Conduent's portfolio, focus on core businesses, and strengthen its financial foundation. The transaction is expected to close before the end of 2026, subject to customary conditions and regulatory approvals, while Conduent retains its Tolling business segment.

A substantial data breach at Conduent has exposed sensitive personal and medical records belonging to over 25 million people, primarily impacting Medicaid recipients and major insurer customers in Texas and Oregon. The stolen data includes names, addresses, dates of birth, Social Security numbers, and medical/insurance information. Texas is at the forefront of investigations, with its Attorney General initiating probes and calling the incident potentially the largest breach in U.S. history, leading to multiple class-action lawsuits and ongoing state investigations.

Conduent Incorporated has partnered with the Alabama Department of Human Resources (DHR) to launch chip-enabled EBT cards statewide, making Alabama the first Conduent-supported state and second in the nation to do so. This initiative aims to combat EBT fraud, such as skimming, by allowing beneficiaries of SNAP and TANF programs to insert their cards into point-of-sale terminals for enhanced security. The new cards, along with features like the ConnectEBT mobile app and automated blocking of out-of-state transactions, are part of Conduent's VeriSight Anti-Fraud Suite to protect public benefit programs.

Conduent Incorporated (NASDAQ:CNDT) held its Q4 2025 earnings call, discussing its financial performance and strategic priorities under new CEO Harshita Agadi. The company reported adjusted revenue of $3.04 billion for 2025 and an adjusted EBITDA margin of 5.4%, up 150 basis points year over year. Agadi outlined a five-priority plan focusing on faster decision-making, financial discipline, cost reduction, portfolio rationalization, and improved pipeline conversion to drive sustainable revenue and EBITDA growth, with a target of 8-10% margins in the medium term.

Conduent Incorporated announced that Harsha V. Agadi has been appointed as its new CEO, effective January 16, 2026, succeeding Clifford Skelton. Agadi's compensation package includes a base salary of $880,000, a significant short-term incentive, and a long-term equity award of 1.7 million stock units. A substantial portion of these units are performance-based (PSUs), tied to Conduent's stock price reaching targets between $2.50 and $5.00 over the next three years.