On Wednesday, Conduent Inc. (NASDAQ:CNDT) reported a second-quarter 2024 revenue decline of 9.5% year over year to $828 million, beating the consensus of $803.33 million. Adjusted revenue declined 4.7% YoY to $811 million. The new business annual contract value (ACV) totaled $142 million. Total operating costs and expenses declined 42.7% YoY to $528 million. Adjusted EBITDA declined 54.7% year over year to $29 million, with margin contracting 390 bps year over year to 3.6%. Adjusted EPS loss of $0.14 was down from $0.01 a year ago, beating the ...