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Conduent Incorporated - CNDT STOCK NEWS

Welcome to our dedicated page for Conduent Incorporated news (Ticker: CNDT), a resource for investors and traders seeking the latest updates and insights on Conduent Incorporated stock.

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.

News

Conduent Multichannel Customer Communications in the Spotlight at 2023 Xplor CCM Summit

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Conduent Incorporated (Nasdaq: CNDT) will participate in the 2023 Xplor Customer Communications Management Summit to showcase its Customer Communications Management (CCM) platform, part of its suite of multichannel communications solutions, and share expertise in meeting the needs of communications for clients’ customers.
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Mississippians Use Conduent’s BenePath® Self-Service Portal to Improve Access to Medicaid Services and Other Benefits

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Conduent Incorporated has implemented an online portal for Mississippi's Division of Medicaid and Department of Human Services, providing state residents with improved access to apply for and manage their benefits. The BenePath Self-Service Portal allows residents to enroll in and manage a range of state benefits such as Medicaid, CHIP, SNAP, TANF, and LIHEAP. The portal offers a seamless experience for beneficiaries, allowing them to address changes, renewals, re-certifications, and document submissions. Conduent's BenePath Suite integrates back-office eligibility functions with front-office contact center operations and self-service features, ensuring regulatory compliance and a consistent user experience.
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Conduent Reports Third Quarter 2023 Financial Results

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Conduent announces Q3 2023 financial results with revenue of $932M and pre-tax loss of $(313)M. The company exceeded expectations in revenue and EBITDA, with a strong sales pipeline. They continue to implement their strategies and rationalize their portfolio. Conduent also highlights key achievements and provides FY 2023 outlook.
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Conduent CXNow Customer Experience Solution Incorporates AI Capabilities with Rapid Deployment and Easy Scalability

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Conduent Incorporated has announced Conduent CXNow, a digital Customer Experience-as-a-Service offering for commercial and government clients. The solution leverages AI to provide chatbots, sentiment analysis, and predictive engagement. CXNow is designed for mid- to large-sized businesses and government agencies, offering a flexible and scalable cloud-based solution for customer experience management.
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Conduent Transportation Selected by Reading Borough Council, UK, to Provide Parking Enforcement Services

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Conduent Transportation has been selected by Reading Borough Council in the UK to provide on- and off-street parking enforcement services. The contract is initially for a four-year term and Conduent will deploy technology and data analytics to improve parking management in the borough. Conduent will also hire local employees, including long-term unemployed individuals.
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Conduent’s Newest Software Solution for Finance, Accounting and Procurement Combines Technology and Expertise to Find Hidden Capital

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Conduent announces FastCap Finance Analytics, a new technology platform that helps uncover hidden working capital and delivers cost savings.
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Conduent to Report Third-Quarter 2023 Financial Results on Nov. 1, 2023

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Conduent Incorporated to report Q3 2023 financial results on November 1
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Conduent CX Recognized as Leader in 2023 ISG Provider Lens for Customer Experience Services for Third Consecutive Year

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Conduent recognized as a 'Leader' in ISG Provider Lens™— Customer Experience Services report
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State of Texas Selects Conduent to Provide Medicaid Claims Solution on its Cloud-Native Modular Platform

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Conduent Incorporated has been selected by the Texas Health and Human Services Commission for Medicaid claims processing and support.
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Conduent CX Research Finds Strong CX Fundamentals Are Essential for Maximum Impact in the Retail/eCommerce Consumer Relationship

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Conduent releases research on the state of customer experience in the retail/eCommerce sector, highlighting the importance of CX fundamentals and advanced technology. Retail/eCommerce brands should invest in self-service capabilities, measurement of customer satisfaction, consistent omnichannel experience, and standardization of business processes. 62% of customers think their customer care needs are being met. Brands can improve customer care by enhancing access to live support, providing faster service, and improving communication skills. Conduent offers cloud-based technology, skilled talent, and AI-driven processes to help businesses improve customer experience.
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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.
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Conduent Incorporated

Nasdaq:CNDT

CNDT Rankings

#2918 Ranked by Market Cap
N/A Ranked by Dividends

CNDT Stock Data

639.56M
148.20M
8.08%
75.41%
2.33%
Information Technology Services
Services-business Services, Nec
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United States of America
FLORHAM PARK