CONDUENT Inc
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
CNDT$1.37-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income (Loss)
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED)
| Three Months Ended March 31, | ||
|---|---|---|
| (in millions, except per share data) | 2024 | 2023 |
| Revenue | $921 | $922 |
| Operating Costs and Expenses | ||
| Cost of services (excluding depreciation and amortization) | 735 | 720 |
| Selling, general and administrative (excluding depreciation and amortization) | 116 | 111 |
| Research and development (excluding depreciation and amortization) | 2 | 2 |
| Depreciation and amortization | 62 | 61 |
| Restructuring and related costs | 9 | 29 |
| Interest expense | 27 | 27 |
| (Gain) loss on divestitures and transaction costs, net | (161) | 2 |
| Litigation settlements (recoveries), net | 4 | (21) |
| Loss on extinguishment of debt | 2 | — |
| Other (income) expenses, net | (2) | (1) |
| Total Operating Costs and Expenses | 794 | 930 |
| Income (Loss) Before Income Taxes | 127 | (8) |
| Income tax expense (benefit) | 28 | (2) |
| Net Income (Loss) | $99 | $(6) |
| Net Income (Loss) per Share: | ||
| Basic | $0.46 | $(0.04) |
| Diluted | $0.46 | $(0.04) |
CNDT Q1 2024 Form 10-Q
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.