Conduent has announced financial results for Q3 2020.
- Revenue was $1,041m, down 5.2% y/y, down 5.7% in CC.
- Adjusted EBITDA was $110m, a margin of 10.8%, up 20 bps y/y
Q3 2020 revenue by segment was:
- Commercial $518m, down 10.2%, down 10.4% in CC
- Government $348m, up 8.7%, up 9.1% in CC
- Transportation $175m, down 12.9%, down 12.9% in CC
Q3 2020 bookings were $1,213m, up 63% y/y:
- New business signings were $468m, up from $234 up 100% y/y
- Renewals were $724m, up from $485, up 46% y/y.
Pipeline is up to $22bn.
| Vendor | Conduent |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2020-09-30 |
| Growth | -5.2 |
| Revenues ((m) in local currency | 1041 |
| Revenues (in $m at that date) | 1041 |