$CNDT

Conduent (CNDT) sold its Public Transit Business to Modaxo for $164M, adjusting for customary terms. The company plans to exit its Transportation segment after completing a Tolling sale by late 2026. This is part of Conduent's ongoing portfolio simplification.

Conduent Inc. (CNDT) presented its 2026 outlook, targeting EBITDA expansion through 2028. The plan includes a $120M cost-reduction initiative and focuses on portfolio simplification, margin improvement, and AI-driven business services. The strategy was detailed at the company's Investor Day on September 30, 2026.

Conduent Inc. (CNDT) announced it will hold an Investor Day on September 30, 2026, from 8:25 a.m. to 12:30 p.m. ET. The event is expected to provide updates on the company's business process services and solutions.

AIG has been granted permission to depose the former head of Texas' Civil Medicaid Fraud Division as part of a trial over a $236 million Medicaid settlement. The case involves AIG and Conduent, a business process services company.

Conduent Business Services LLC has agreed to settle claims in a class action lawsuit alleging it failed to protect the data of 44.4 million people. The breach, detected in January 2025, was not disclosed until October 2025. The settlement terms were not disclosed, and Conduent denies any wrongdoing. The case involved Health Care Service Corp. and The Cigna Group, who contracted Conduent for services.

CONDUENT Inc (CNDT) filed an SEC Form 8-K — Termination of a Material Definitive Agreement. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Director Departure On August 25 and 26, 2026, in connection with its scheduled annual review of the Shareholders Agreement

Conduent (CNDT) earned its tenth consecutive NelsonHall NEAT Leader designation in HR Transformation Services, citing its AI-first strategy and virtual assistant Conni. Conni achieved 86% agent deflection, 21% reduction in live-chat demand, and 24% reduction in handle time. The company's Life@Work Connect platform also saw increased engagement. Analysts highlight Conduent's HR operations expertise and early GenAI innovation as key differentiators.

Conduent is partnering with Google Cloud to integrate Google's Gemini AI models into its Viewpoint platform, focusing on eDiscovery and data breach response. The collaboration aims to help legal departments analyze complex datasets faster, improve decision-making, and reduce costs. Conduent claims the technology can cut document analysis effort by 30% to 60% and enhance accuracy. The company plans to expand AI capabilities into contract analytics and investigations.

Conduent Inc. (NASDAQ: CNDT) shares rose 3.1% after announcing the integration of Google's Gemini AI models into its legal eDiscovery platform. The company aims to enhance legal compliance and analytics tools, reducing document review efforts by 30-60%. The AI-powered tools will expand into contract analytics and investigations. Conduent offers deployment options including Google Cloud and on-premises solutions.

Conduent (CNDT) reported Q2 2026 revenue of $531 million, down 11.9%, and adjusted EBITDA of $16 million, down 30.4%, citing contract losses and volume declines. Qualified pipeline was $3 billion, and it guided full-year revenue to $2.15–$2.25 billion and adjusted EBITDA to $140–$170 million. The company expects $234 million from divesting transit and tolling businesses.