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Conduent Incorporated (NASDAQ: CNDT) is the world's largest provider of diversified business process services. The company excels in transaction processing, automation, analytics, and constituent experience. Conduent collaborates with both government and commercial customers to enhance the delivery of services to their respective client bases. It plays a pivotal role in the U.S. healthcare industry by managing interactions with patients and the insured. Additionally, it serves as the customer interface for large segments of the technology industry and is a key operational and processing partner for public transportation systems globally.
Conduent offers a broad range of services including digital payments, claims processing, benefit administration, automated tolling, customer care, and distributed learning. These services are designed to create value for both clients and their constituents by modernizing and managing interactions effectively. Customers include Fortune 100 companies and more than 600 government and transportation agencies.
The company operates through three key segments: Commercial Industries, Government Services, and Transportation, with the majority of its revenue generated in the United States. Conduent's significant recent achievement includes successfully migrating its on-premises Oracle Exadata environment to the cloud using Oracle Database@Azure. This migration has significantly improved application performance and enabled real-time transaction processing, enhancing the services provided to its clients.
To stay updated on the latest developments, visit www.conduent.com.
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Conduent Incorporated (CNDT) will report its Q4 and full-year 2023 financial results on February 14, 2024, at 9:00 a.m. ET. The call will be available via live audio cast and online presentation slides. International dial-in is also available. A recording of the call will be accessible until February 28, 2024.
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Conduent, a global provider of smart mobility technology solutions and a business unit of Conduent Incorporated (Nasdaq: CNDT), has been chosen by the Oklahoma Turnpike Authority (OTA) to provide technologies and services to support the state’s PlatePay cashless tolling system. The solutions will accurately and securely retrieve registration ownership data for vehicles, enabling invoices to be sent to motorists who travel through tolls without a PIKEPASS transponder. This new contract builds on Conduent’s current OTA relationship identifying license plate information for processing. The OTA plans to convert its entire system to cashless by the end of 2024, allowing for greater convenience and improved fuel efficiency for drivers while reducing emissions and congestion.
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Conduent Incorporated (CNDT) has been named to the annual 'GovTech 100' list for the third consecutive year. The list recognizes Conduent for improving how businesses and governments interact with citizens, patients, customers, and employees. Conduent's Government Solutions business provides U.S. agencies with solutions for healthcare claims administration, government benefit payments, eligibility and enrollment, and child support. Conduent's Transportation Solutions business provides solutions and services to state and local governments including road-usage charging and mass transit in urban areas.
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Conduent Incorporated (Nasdaq: CNDT) has announced a definitive agreement to sell its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo, a division of Constellation Software Inc. (TSX: CSU). The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions and regulatory approvals. The sale is part of Conduent's strategy to streamline its portfolio and focus on core capabilities, with the proceeds intended to reduce debt. The company remains committed to driving innovation in its road usage charging and transit businesses to enable streamlined, high-volume mobility services.
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Conduent Transportation (CNDT) introduces a new software platform that enhances ticket vending machine capabilities, providing a better customer experience and enabling new business models. Italy’s Trenord is the first to adopt the platform, now implemented on 250 ticket vending machines in the Lombardy region, including Milan.
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Conduent Incorporated (Nasdaq: CNDT) announced that the Delaware Department of Health and Social Services (DHSS) Division of Public Health (DPH) has selected the company’s Maven® Disease Surveillance & Outbreak Management System to replace its legacy public health surveillance systems. The cloud-based technology platform will be used to monitor, report, and understand public health threats and infectious disease outbreaks as well as securely track patients and exposed communities. Maven is backed by two decades of proven outcomes, supported by a team of epidemiologists and used across 22 jurisdictions in the U.S., Europe, and Australia to identify and manage developing threats to public health.
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Conduent Incorporated (Nasdaq: CNDT) announced that CFO Steve Wood and VP of Investor Relations Giles Goodburn will present at the Sidoti Small Cap Conference on December 6, 2023. The virtual presentation will begin at 3:15 PM ET and can be accessed through the company's website.
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Conduent Transportation (Nasdaq: CNDT) partners with Visa and Caisse d’Epargne CEPAC to implement a contactless open payment system for the Aix-Marseille-Provence Métropole on the Marseille public transport network. The system allows passengers to pay with contactless debit/credit cards and NFC-enabled digital wallets. Testing was successful in July, and the system is now being gradually rolled out network-wide.
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Conduent Incorporated (Nasdaq: CNDT) announced that Conduent Vice President of Investor Relations Giles Goodburn will present at the Southwest IDEAS Investor Conference on November 16, 2023, in Dallas, TX. The presentation will be webcast and can be accessed through the conference host’s main website and in the investor relations section of the company's website.
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Conduent Incorporated (Nasdaq: CNDT) is assisting Bay Area Toll Authority (BATA) in implementing programs to ease the financial burden of roadway tolls for motorists, benefiting low-income individuals and families. The programs include a one-time full or partial violation penalty waiver, as well as a payment plan for low-income motorists. Conduent's advanced technology for processing tolling transactions has made these programs available to BATA customers, aiming to encourage individuals to avoid default and regain compliance.
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FAQ
What is the current stock price of Conduent Incorporated (CNDT)?
The current stock price of Conduent Incorporated (CNDT) is $3.95 as of January 7, 2025.
What is the market cap of Conduent Incorporated (CNDT)?
The market cap of Conduent Incorporated (CNDT) is approximately 639.6M.
What services does Conduent Incorporated provide?
Conduent provides diversified business process services including transaction processing, automation, analytics, and constituent experience. The services also encompass digital payments, claims processing, benefit administration, automated tolling, customer care, and distributed learning.
Who are Conduent's primary customers?
Conduent serves both government and commercial customers, including Fortune 100 companies and more than 600 government and transportation agencies.
In which segments does Conduent operate?
Conduent operates through three segments: Commercial Industries, Government Services, and Transportation.
Where does Conduent generate most of its revenue?
The majority of Conduent's revenue is generated in the United States.
How has Conduent improved its transaction processing capabilities?
Conduent has improved its transaction processing capabilities by migrating its on-premises Oracle Exadata environment to the cloud with Oracle Database@Azure, enhancing application performance and enabling real-time transaction processing.
What industries does Conduent serve?
Conduent serves a variety of industries including healthcare, transportation, and technology.
How does Conduent help its clients?
Conduent helps its clients by managing and modernizing interactions to create value, improve efficiency, reduce costs, and enhance the customer experience.
What recent achievement has Conduent accomplished?
A significant recent achievement for Conduent is the migration of its on-premises Oracle Exadata environment to the cloud using Oracle Database@Azure, which has improved real-time transaction processing and application performance.
What is Conduent's role in the healthcare industry?
Conduent manages interactions with patients and the insured for a significant portion of the U.S. healthcare industry.
Where can I find more information about Conduent?
More information about Conduent can be found on their website at www.conduent.com.
Conduent Incorporated
Nasdaq:CNDT
CNDT Rankings
CNDT Stock Data
639.56M
148.20M
8.08%
75.41%
2.33%
Information Technology Services
Services-business Services, Nec
United States of America
FLORHAM PARK