Every material Form 8-K CONDUENT Inc has filed with the SEC since October 16, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Conduent reported third quarter 2026 results with revenue of $534 million, down from $605 million a year earlier, while adjusted EBITDA from continuing operations rose to $36 million from $31 million. GAAP net loss from continuing operations was $(40) million, compared with $(42) million a year earlier, and GAAP diluted EPS from continuing operations was $(0.27) in both periods. The company reaffirmed its full-year 2026 outlook of $2.15 billion to $2.25 billion in revenue and $140 million to $170 million in adjusted EBITDA.
Q3 2026 revenue was $534 million versus $605 million in Q3 2025, an 11.7% decline.
Adjusted EBITDA margin was 6.7%, up 160 basis points from 5.1%; the company identified $106 million of a $120 million cost-savings target.
Completed the sale of its Public Transit business to Modaxo for $164 million; the Tolling business sale is expected to close by year-end.
Completed $447 million in revolving credit commitments maturing in May 2029; Q3 operating cash flow was $(107) million versus $(39) million a year earlier.
Conduent closed a refinancing on October 23, 2026, extending its $357 million senior secured revolving credit facilities to May 31, 2029, and adding $90 million of commitments, including a $15 million letter of credit facility. The company said the deal, together with its divestitures, is intended to reduce debt and surety bond and letter-of-credit requirements and to fund its ASCEND 2026–28 plan.
Refinancing totals $447 million, extends the $357 million revolver to May 2029, and adds $90 million in commitments, including $15 million for a new letter of credit facility.
$62 million was repaid to existing lenders from net proceeds of the Public Transit business sale.
The new credit agreement includes an event of default if a qualified receivables financing of at least $100 million is not in place by December 31, 2026.
Conduent expects the Public Transit and Tolling sales with the refinancing to reduce its surety bond and letter-of-credit portfolio by approximately $550 million upon completion of the Tolling sale.
Conduent and two subsidiaries entered a class action settlement agreement on October 16, 2026, to resolve a consolidated lawsuit over the company's January 2025 cybersecurity incident. The settlement requires a non-reversionary $80 million fund and takes effect only if the U.S. District Court for the District of New Jersey approves it. The company says it maintains cyber insurance and does not expect a material impact on its financial position, results of operations or cash flows.
Company will fund $80 million into a non-reversionary settlement fund, its total monetary obligation under the agreement
Fund covers class member recovery, credit and medical data monitoring, plaintiffs' counsel fees and administration costs
Settlement releases the company, affected clients and their customers from claims tied to the cyber incident upon final approval
Agreement is not an admission of fault and remains subject to Court approval
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every CONDUENT Inc filing is on SEC EDGAR ↗. 8-K briefs of other companies →