CNDT

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EXHIBIT 99.1

News from Conduent

Conduent Reports Third Quarter 2026 Results; Reaffirms 2026 Outlook, Bolsters Liquidity Position and Completes Transit Sale

Key Q3 2026 Highlights (from Continuing Operations)

•Revenue: $534 million

•Pre-tax Income (Loss): $(35) million

•Adj. EBITDA(1) : $36 million, up 16.1% year over year

•Adj. EBITDA Margin(1): 6.7%, up 160 basis points year over year

•New Business Signings ACV(2): $61M

•Cost transformation: Identified $106M of $120M of cost-savings target, contributing to significant EBITDA margin improvement

•Financial position: Completed financing of $447 million in revolving credit commitments, maturing in May 2029

•FY 2026 outlook: Reaffirmed revenue of $2.15 billion–$2.25 billion and Adjusted EBITDA of $140 million–$170 million

FLORHAM PARK, NJ, November 5, 2026 - Conduent Incorporated (Nasdaq: CNDT), a global technology-enabled operating partner, today announced its third quarter 2026 financial results, highlighting continued execution of ASCEND 2026–2028. The company’s transformation plan is focused on standardizing operations and infrastructure, specializing in core solutions where it can lead and win, and scaling go-to-market capabilities around priority industries and opportunities.

Harsha V. Agadi, Chief Executive Officer, stated: “In the third quarter, we continued to make progress in improving Conduent’s operating performance. Adjusted EBITDA increased year-over-year and sequentially, and we are reaffirming our full-year 2026 outlook."

“We have taken decisive steps to strengthen our financial foundation, including refinancing our existing $357 million revolving credit facilities and adding $90 million of new commitments, while simplifying our portfolio and reducing costs. To date, we have identified $106 million in cost savings toward our $120 million target. At the same time, we continue to build our Commercial and Government businesses, with $249 million in year-to-date new-business ACV wins and $473 million in TCV wins."

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“ASCEND 2026–2028 is our framework for turning this transformation into sustained performance. We are standardizing our operations and infrastructure, specializing in core solutions where we can lead and win, and scaling our go-to-market capabilities around priority industries and opportunities. Our focus is on disciplined execution—converting our pipeline into profitable growth and continuing to improve operating performance.”

Key Financial Q3 2026 Results

($ in millions, except margin and per share data)Q3 2026Q3 2025Current Quarter Y/Y B/(W)

Revenue$534$605(11.7)%

GAAP Net Income (Loss)$(49)$(46)(6.5)%

Adjusted EBITDA from Continuing Operations(1) $36$3116.1%

Adjusted EBITDA Margin from Continuing Operations(1) 6.7%5.1%160 bps

GAAP Income (Loss) Before Income Tax from Continuing Operations$(35)$(38)7.9%

GAAP Diluted EPS from Continuing Operations$(0.27)$(0.27)$—

Adjusted Diluted EPS from Continuing Operations(1) $(0.11)$(0.11)$—

Cash Flow from Operating Activities$(107)$(39)(174.4)%

Adjusted Free Cash Flow(1) $(117)$(54)(116.7)%

Performance Commentary

Q3 2026 income (loss) before taxes from continuing operations was $(35) million, compared with $(38) million in the prior year period, primarily reflecting cost efficiencies, which more than offset lower revenue and higher restructuring and interest costs.

Q3 2026 Adjusted EBITDA from continuing operations was $36 million, compared with $31 million in the prior-year period, an increase of 16.1%. Adjusted EBITDA margin increased to 6.7%, compared with 5.1% in Q3 2025 and 3.0% in Q2 2026, reflecting lower expenses and cost optimization initiatives.

Q3 2026 cash flow from operating activities was $(107) million, compared with $(39) million in the prior-year period, primarily reflecting working-capital impacts, due to a temporary pause of the company's receivables factoring facility. Year-to-date cash flow from operating activities was $(108) million, compared with $(112) million in the prior-year period.

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Key Achievements and Industry Accolades

Portfolio Optimization & Strategic Transformation

•Completed the sale of the Public Transit business to Modaxo for $164 million and expect to complete the sale of the Tolling business by year-end, sharpening focus on Commercial and Government businesses.

Business Execution & Contract Wins

•Won a new AI-enabled audit services engagement with a leading global automotive manufacturer, leveraging AI to analyze billions of dollars in vendor tooling spend, identify supplier savings opportunities and help prevent future overpayments. The opportunity could generate up to $150 million–$200 million in savings for the client.

•Added Gravie as a new client, expanding Conduent’s Payment Integrity business and extending its reach in the healthcare market.

•Expanded Document Services work with a long-standing insurance and employee benefit

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Document

EXHIBIT 99.1

News from Conduent

Conduent Reports Significantly Improved First Quarter 2026 Financial Results

Key Q1 2026 Highlights

•Revenue: $723M, down 3.7%. Growth in Government and Transportation segments

•Pre-tax Income (Loss): $(27)M, improved by $29M year-over-year

•Adj. EBITDA(1): $49M, improved by $12M year-over-year

•Adj. EBITDA Margin(1): 6.8%, improved by 190 bps year-over-year

•Cash flow from operating activities: $(8)M, improved by $50M year-over-year

•New Business Signings ACV(2): $114M, improved by $5M year-over-year

FLORHAM PARK, NJ, May 11, 2026 - Conduent Incorporated (Nasdaq: CNDT), a global technology driven business process solutions and services company, today announced its first quarter 2026 financial results.

Harsha V. Agadi, Chief Executive Officer, stated, "Q1 2026 marked the start of a rapid and sustainable transformation at Conduent. In the quarter we started to develop a comprehensive cost reduction and technology optimization strategy. In addition, we enhanced our go-to-market approach, all while driving an improvement in our operating model, achieving EBITDA margins of 6.8% for the quarter, and generated a significant year‑over‑year improvement in adjusted free cash flow. Looking ahead to 2027, we see a clear path to positive adjusted free cash flow and continued improvement in adjusted EBITDA.”

“We also took decisive steps to strengthen execution. In April, I streamlined leadership of our Commercial organization to sharpen accountability and accelerate decision‑making, aligning client relationships and sales execution under a simplified reporting structure that reports directly to me.”

“Portfolio optimization remains a critical pillar of our turnaround. I am extremely confident we will be able to reduce complexity, improve operating performance and continue to strengthen our balance sheet as we use proceeds to reduce debt. ”

Agadi continued, “Our priorities are clear: accelerating execution, enforcing financial discipline, reducing our cost structure, optimizing the portfolio, converting pipeline into growth, and simplifying the organization. In Q1, we made meaningful, sustainable progress across each of these priorities, and we are building momentum as we move forward."

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Key Financial Q1 2026 Results

($ in millions, except margin and per share data)Q1 2026Q1 2025Current Quarter Y/Y B/(W)

Revenue$723$751(3.7)%

GAAP Net Income (Loss)$(33)$(51)35.3%

Adjusted EBITDA(1) $49$3732.4%

Adjusted EBITDA Margin(1) 6.8%4.9%190 bps

GAAP Income (Loss) Before Income Tax$(27)$(56)51.8%

GAAP Diluted EPS$(0.23)$(0.33)$0.10

Adjusted Diluted EPS(1) $(0.07)$(0.13)$0.06

Cash Flow from Operating Activities$(8)$(58)86.2%

Adjusted Free Cash Flow(1) $(15)$(74)79.7%

Performance Commentary

At the end of the first quarter of 2026, Conduent maintained a cash balance of $228 million along with $190 million of unused capacity under its credit facility.

Q1 2026 pre-tax income (loss) was $(27) million versus $(56) million in the prior year period. This improvement was primarily caused by the absence of the discrete event-related costs from the prior year.

Q1 2026 Adjusted EBITDA of $49 million and Adjusted EBITDA margin of 6.8% increased, respectively, versus the prior year.

Revenue benefited from continued strength in Government and Transportation, with Government up approximately $10 million and Transportation up approximately $3 million year‑over‑year, reflecting solid demand and execution across both segments.

Cash flow from operating activities increased by $50 million year‑over‑year, reflecting a clear improvement from the prior year period.

Sales momentum continued to strengthen, with New Business ACV of $114 million for the quarter and the qualified pipeline expanding to approximately $3.5 billion, up from $3.2 billion in the prior year period, reinforcing improved growth visibility.

Key Achievements and Industry Accolades

Business Execution & Contract Wins

•Medicaid Enterprise Systems and Fiscal Agent Services renewal for up to 14 years, expanding a multi-decade partnership to modernize claims processing, finance, and customer operations

•5-year Centralized Collections Processing Unit renewal for a state child support program, extending a 25+ year relationship and digital payment capabilities

•Expanded relationships with 20–25+ year healthcare clients, including new geographies and additional lines of business across customer experience, payment integrity, and analytics

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Industry Recognition & Market Positioning

•Named a Leader in the 2026 Healthcare Payer Agility & Innovation NEAT Evaluation by NelsonHall, reflecting ability to deliver near-term value while supporting payer transformation

•Named a Leader in the 2026 Healthcare Payer Intelligent Operations PEAK Matrix® Assessment by Everest Group, highlighting AI, automation, and platform-led capabilities

•Named