Conduent Incorporated (CNDT)

Conduent Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	3,722	3,858	4,140	4,163	4,467
Revenue Growth (YoY)	-3.53%	-6.81%	-0.55%	-6.81%	-17.17%
Cost of Revenue	2,888	3,018	3,138	3,209	3,494
Gross Profit	834	840	1,002	954	973
Selling, General & Admin	458	440	544	468	479
Research & Development	7	7	4	1	8
Other Operating Expenses	590	436	409	564	2,514
Operating Expenses	1,055	883	957	1,033	3,001
Operating Income	-221	-43	45	-79	-2,028
Interest Expense / Income	111	84	55	60	78
Other Expense / Income	-	-	15	-	-
Pretax Income	-332	-127	-25	-139	-2,106
Income Tax	-36	55	3	-21	-172
Net Income	-296	-182	-28	-118	-1,934
Shares Outstanding (Basic)	217	216	213	209	211
Shares Change	0.63%	1.47%	1.68%	-1.00%	0.05%
EPS (Basic)	-1.41	-0.89	-0.18	-0.61	-9.29
EPS (Diluted)	-1.41	-0.89	-0.18	-0.61	-9.29
Free Cash Flow	-4	-9	96	22	-81
Free Cash Flow Per Share	-0.02	-0.04	0.45	0.10	-0.38
Gross Margin	22.41%	21.77%	24.20%	22.92%	21.78%
Operating Margin	-5.94%	-1.11%	1.09%	-1.90%	-45.40%
Profit Margin	-7.95%	-4.72%	-0.68%	-2.83%	-43.30%
Free Cash Flow Margin	-0.11%	-0.23%	2.32%	0.53%	-1.81%
EBITDA	43	187	382	380	-1,569
EBITDA Margin	1.16%	4.85%	9.23%	9.13%	-35.12%
Depreciation & Amortization	264	230	352	459	459
EBIT	-221	-43	30	-79	-2,028
EBIT Margin	-5.94%	-1.11%	0.72%	-1.90%	-45.40%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).