Conduent releases transcript of Q2 2026 earnings call
CNDT•Q2 earnings call and transportation exits
Conduent hosted its Q2 2026 earnings call with CEO Harsha V. Agadi, CFO Giles Goodburn, IR head Nick Goel, and analysts.
- Agadi outlined exits from Transportation via the Transit sale to Modaxo and the Tolling sale to Quarterhill; closings are expected by end-2026.
- Management projected $234 million in gross proceeds and a 7% Quarterhill stake; most proceeds are expected to be used for debt reduction.
- Goodburn reported Q2 revenue of $531 million and adjusted EBITDA of $16 million.
- Updated 2026 guidance excludes Transportation.
- The 2026 outlook was set at $2.15 billion-$2.25 billion in revenue and $140 million-$170 million in adjusted EBITDA, with leverage targeted near 1x in 18-24 months.
