Conduent Full Year 2022 Earnings: US$0.89 loss per share (vs US$0.18 loss in FY 2021)
Conduent (NASDAQ:CNDT) Full Year 2022 Results
Key Financial Results
Revenue: US$3.86b (down 6.8% from FY 2021).
Net loss: US$192.0m (loss widened by 405% from FY 2021).
US$0.89 loss per share (further deteriorated from US$0.18 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Conduent Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 10% growth forecast for the IT industry in the US.
Performance of the American IT industry.
The company's shares are down 4.1% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Conduent's balance sheet health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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