Recap: Conduent Q1 Earnings - Conduent (NASDAQ:CNDT)

Conduent CNDT reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:30 AM.

Here's what investors need to know about the announcement.

Conduent missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $0.05.

Revenue was down $45.00 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 1.4% drop in the share price the next day.

Here's a look at Conduent's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.06	0.08	0.05	0.06
EPS Actual	0.01	0.09	0.03	0.10
Revenue Estimate	991.50M	978.00M	930.00M	961.67M
Revenue Actual	986.00M	977.00M	928.00M	967.00M

To track all earnings releases for Conduent visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.