Conduent Q2 2026 revenue fell 11.9% to $531 million.
GAAP net loss more than doubled to $116 million; GAAP diluted EPS loss widened to $0.46.
GAAP pre-tax loss from continuing operations widened to $57 million on higher restructuring-related costs tied to its transformation plan.
Non-GAAP adjusted EBITDA from continuing operations slid 30.4% to $16 million, cutting margin by 0.8 percentage points to 3.0%.
Signed divestitures of Transit and Tolling expected to generate $234 million in gross proceeds; FY 2026 revenue outlook kept at $2.15 billion-$2.25 billion.