Conduent has announced financial results for Q4 2020 and Full Year 2020.
- Revenue was $1,055m, down 4.0% y/y, down 4.8% in CC.
- Adjusted EBITDA was $113m, a margin of 12.6%, up 8 bps y/y
FY 2020.
- Revenue was $4,163m, down 6.0% y/y, down 6.5% in CC.
- Adjusted EBITDA was $480m, a margin of 11.5%, up 4 bps y/y
Q4 2020 revenue by segment was:
- Commercial $553m, down 8.4%
- Government $312m, up 6.8%
- Transportation $190m, down 5.9%
FY 2020 revenue by segment was:
- Commercial $2,163m, down 9.3%
- Government $1,281m, up 1.4%
- Transportation $719m, down 7.9%
Q4 2020 bookings were $1,156m, up 62% y/y:
- New business signings were $519m, up from $209 up 148% y/y
- Renewals were $637m, up from $506, up 26% y/y.
FY 2020 bookings were $4,743m, up 47% y/y:
- New business signings were $1,932m, up from $996 up 94% y/y
- Renewals were $2,809m, up from $485, up 26% y/y.
Pipeline is up to $22bn.
Vendor | Conduent |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2020-12-31 |
Growth | -4 |
Revenues ((m) in local currency | 1055 |
Revenues (in $m at that date) | 1055 |