Goodwill impairment. Timing of revenue impact varies and may not be realized within the forward 12-month timeframe. WebGet Outage Alerts. 206 0 obj
<>
endobj
: Interim 2022 Earnings Release, Interim 2023 Earnings Release (Projected). Holiday. Day. Days to go. January 1, 2021. New Year's Day. Friday. -. January 18, 2021. Martin Luther King Day. We use Adjusted Free Cash Flow, in addition to Free Cash Flow, to provide supplemental information to our investors concerning our ability to generate cash from our ongoing operating activities and for performance based components of employee compensation; by excluding certain deferred compensation costs and our one-time Texas settlement costs, as well as transaction costs and transaction cost tax benefits related to acquisitions or divestitures, we believe we provide useful additional information to our investors to help them further understand our ability to generate cash period-over-period as well as added information on comparability to our competitors. In order to provide a meaningful basis for comparison, we are providing information with respect to our Free Cash Flow reconciled to cash flow provided by operating activities, which we believe to be the most directly comparable measure under U.S. GAAP. In addition, for "Full Year 2021 (Ex Midas)" we are excluding the estimated impacts of $70 million of Revenue and $29 million of Adjusted EBITDA related to the divestiture of the Midas business. WebEMPLOYEE PAYROLL PAYMENT SCHEDULE Pay Period Start Pay Period End Faxed Timesheet must be received by CONDUENT Online Timesheet must be submitted and FLORHAM PARK, N.J., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a business process services and solutions company, today announced its fourth quarter and full year 2021 financial results.
This system may be subject to monitoring. (1) Includes $5 million and $8 million restricted cash as of December 31, 2021 and 2020, respectively, that were included in Other current assets on their respective Condensed Consolidated Balance Sheets. The words anticipate, believe, estimate, expect, "plan," intend, will, aim, should, could, forecast, target, may, "continue to," "if, growing, projected, potential, likely, and similar expressions, as they relate to us, are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. endstream
endobj
startxref
Projected Annual Recurring Revenue for contracts signed in the prior 12 months, less the annualized impact of any client losses, contractual volume and price changes, and other known impacts for which the company was notified in that same time period, which could positively or negatively impact results. Learn about Conduent Paid Holidays, including a description from the employer, and comments and ratings provided anonymously by current and former WebConduent acknowledges the specific impact the company has on climate change and biodiversity and is seeking to reduce that impact through: Waste reduction and use of The replay ID is 13725756. 1.5 days will be accrued on a monthly basis. It also applies to the collection, use and disclosure of information that we Please call us at 1-844-ONE-CNDT (663-2638) Monday through Friday between 8:00 a.m. and 7:00 p.m. Eastern Time for assistance. The call will be available by live audio webcast along with the news release and online presentation slides at https://investor.conduent.com/. Adjustments required to reconcile net income (loss) to cash flows from operating activities: Write-off of deferred cloud computing implementation costs, Loss on divestitures and sales of fixed assets, net, Changes in operating assets and liabilities, Net cash provided by (used in) operating activities, Cost of additions to land, buildings and equipment, Cost of additions to internal use software, Net cash provided by (used in) investing activities, Payment of contingent consideration related to acquisition, Taxes paid for settlement of stock-based compensation, Net cash provided by (used in) financing activities, Effect of exchange rate changes on cash, cash equivalents and restricted cash, Increase (decrease) in cash, cash equivalents and restricted cash, Cash, Cash Equivalents and Restricted Cash at Beginning of Period, Amortization of acquired intangible assets, (Gain) loss on divestitures and transaction costs, Restricted stock and performance units / shares, Proceeds from sales of land, buildings and equipment, Annual Recurring Revenue (ARR) signings: Q4 $111M / FY $408M, Total Contract Value (TCV) new business signings: Q4 $310M / FY $1,785M, Sale of Midas suite of solutions for net proceeds of $321M; closed on February 8, 2022, Debt Refinancing successfully completed as planned, Distributed approximately $50 billion of US Government pandemic stimulus payments, Sustained high level of associate engagement through difficult COVID years, Consolidated technology infrastructure and improved operational excellence, Improved client satisfaction for the 3rd consecutive year resulting in significant client recognition, Received numerous external awards for culture including best place to work for LGBTQ, Diversity, and Women. Conduent Business Services, LLC and its subsidiaries provide this policy as a guide for employees. Downtown Rockford restaurant to close indefinitely, Machesney Park man arrested after Onyx Bar & Grill shooting, Food insecurity on the rise calling more families to food banks, George Lopez to bring OMG Hi! comedy tour to Coronado, Weapon recovered at Auburn H.S. At Conduent, we help companies and governments provide services to their customers and citizens. To better understand trends in our business, we believe that it is helpful to adjust revenue to exclude the impact of changes in the translation of foreign currencies into U.S. These forward-looking statements are also subject to the significant continuing impact of the COVID-19 pandemic on our business, operations, financial results and financial condition, which is dependent on developments which are highly uncertain and cannot be predicted. What is this about? An email has been sent to you with instructions to set up your email alert. For questions about specific job opportunities, please contact us at Careers@Conduent.com. GM celebrated honorees at its 30 th annual Supplier of the Year awards ceremony in Phoenix, Arizona earlier this month.. GMs Supplier of the Year award recognizes global suppliers that distinguish themselves I have a traffic ticket I need to pay. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions, and providing such non-GAAP financial measures to investors allows for a further level of transparency as to how management reviews and evaluates our business results and trends. This represents Goodwill impairment charges related to the unanticipated losses of certain customer contracts, lower potential future volumes and lower than expected new customer contracts for all reporting units. WebMonday Friday 8:00am 8:00pm Eastern Time (except for holidays) How do I check the status of my job application? This currency impact is calculated by translating the current period activity in local currency using the comparable prior-year period's currency translation rate. unlimited vacation leave if at higher level, Maxs at four weeks regardless of years of service. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable U.S. GAAP measures and should be read only in conjunction with our Consolidated Financial Statements prepared in accordance with U.S. GAAP. The parade and tree lighting will occur, weather permitting. Event guidelines are subject to changes based on public health guidance from the Winnebago County Health Department and the Illinois Department of Public Health. Cliff Skelton, Conduent President and CEO stated, In 2021, we met or exceeded our commitments. %%EOF
About Conduent
No expectation of privacy is to be assumed. `:XuCGGXmh{G:Fb8=#%2`cPb0T/@17r 7ZlDc@ .~
When you join Conduent, you are engaged in creating the future both.css-epvm6{white-space:nowrap;}.css-epvm6{white-space:nowrap;} More, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. %%EOF
Find jobs. Yes, they do no observe any holidays. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions, and providing such non-GAAP financial measures to investors allows for a further level of transparency as to how management reviews and evaluates our business results and trends. Adjusted Revenue, Adjusted Operating Income and Adjusted Operating Margin. Non-GAAP Reconciliations: Adjusted Weighted Average Shares Outstanding, Adjusted Diluted EPS, Adjusted Effective Tax Rate, Adjusted Operating Margin and Adjusted EBITDA Margin were as follows: (1) Average shares for the 2021 and 2020 calculation of adjusted EPS excludes 5.4 million shares associated with our Series A convertible preferred stock and includes the impact of preferred stock dividend of approximately $3 million and $10 million for the three months and years ended December 31, 2021 and 2020, respectively. This metric excludes COVID-related volume impacts and non-recurring revenue signings. 0
All rights reserved. Full year 2021 Adjusted EBITDA of $487M and Adjusted EBITDA Margin of 11.8% benefited from government payment volumes. Conduent Q2 2021 Transcript255.3 KB Q2 2021 Investor Metrics File146.5 KB May 25, 2021 at 11:00 AM PDT Conduent Incorporate Annual Meeting of Shareholders 2021 Click here for webcast May 5, 2021 at 4:15 PM EDT Q1 2021 Conduent Earnings Click here for webcast Supporting Materials use it or loose it, The worst thing is to Conduent these are the same things not separate, Together, we make a difference in the lives of millions everyday. The Net ARR Activity Metric for Q4 2021 was strong at $128M, up 113% versus Q4 2020 and continues to be positive for the fifth consecutive quarter. Get started with your Free Employer Profile. Answer See 1 answer. Hwg`bd`\d? kJ
time must be taken off before end of year . In accordance with the provisions of the Litigation Reform Act, we are making investors aware that such forward-looking statements, because they relate to future events, are by their very nature subject to many important factors and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements contained in this press release, any exhibits to this press release and other public statements we make. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. WebConduent Human Resource Services Wealth Solutions. CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) ( 1). (1) All amounts are net of tax. The parade starts at 4:45 p.m. on Sunday, Nov. 21 in the GE Schneider Electric parking lot on Clifford Avenue in Loves Park, heads north on Elm Ave. and ends at the Machesney Park Town Center at 8750 N. 2nd St. Programs and Initiatives (CCF, DLP, ISYLP, Career Pathways), Electronic District Personnel Manual (eDPM), Electronic-District Personnel Manual (E-DPM), Whistleblower Protections and Obligations, HR Advisors Directory (Under) Mayor's Full Authority, HR Advisors Directory (Not Under) the Mayor, Sexual Harassment Prevention Officer Directory. %PDF-1.6
%
How do I check the status of my job application? 313 0 obj
<>/Filter/FlateDecode/ID[<28E402DF5CB4D847AC696F8DC6F3621F>]/Index[294 28]/Info 293 0 R/Length 98/Prev 118551/Root 295 0 R/Size 322/Type/XRef/W[1 3 1]>>stream
The amortization of acquired intangible assets is driven by acquisition activity, which can vary in size, nature and timing as compared to other companies within our industry and from period to period. Litigation costs (recoveries), net. All rights reserved. endstream
endobj
startxref
Conduents differentiated services and solutions improve experiences for millions of people every day, including three out of every four U.S. insured patients, 10 million employees who use its HR Services, and nearly 18 million benefits recipients. The upcoming United States holiday National Employee Appreciation Day is in 2 days from today. Interest expense includes interest on long-term debt and amortization of debt issuance costs. 283 0 obj
<>
endobj
We focused on execution, efficiency, driving improved client and end-user experiences and received recognition for our culture, technology-enabled solutions and overall delivery excellence. We hope that people from all around the Rockford-area will join us for the return of these events to celebrate the joy of the holidays, says Mayor Johnson. The Assam Rifles - Friends of the Hill People? The tax effect of the non-GAAP adjustments was calculated based upon evaluation of the statutory tax treatment and the applicable statutory tax rate in the jurisdictions in which such charges were incurred. HR Workplace Solutions Center 1.888.471.2271 Monday Friday 8:00am 8:00pm Eastern Time (except for holidays). Conduent Vacation & Paid Time Off 363 employees reported this benefit 3.0 83 Ratings Available to US-based employees Change location Employer Delivering outsourced mission-critical HR solutions across It is why most Fortune 100 companies and over 500 government entities depend on Conduent every day to manage their essential interactions and move their operations forward. Non-GAAP Financial Measures
#Conduent #ConduentProud #jobs #careers. Important factors and uncertainties that could cause our actual results to differ materially from those in our forward-looking statements include, but are not limited to: the significant continuing effects of the ongoing COVID-19 pandemic on our business, operations, financial results and financial condition, which is dependent on developments which are highly uncertain and cannot be predicted; government appropriations and termination rights contained in our government contracts; our ability to renew commercial and government contracts, including contracts awarded through competitive bidding processes; our ability to recover capital and other investments in connection with our contracts; our reliance on third-party providers; our ability to deliver on our contractual obligations properly and on time; changes in interest in outsourced business process services; risk and impact of geopolitical events, natural disasters and other factors (such as pandemics, including coronavirus) in a particular country or region on our workforce, customers and vendors; claims of infringement of third-party intellectual property rights; our ability to estimate the scope of work or the costs of performance in our contracts; the loss of key senior management and our ability to attract and retain necessary technical personnel and qualified subcontractors; increases in the cost of telephone and data services or significant interruptions in such services; our failure to develop new service offerings and protect our intellectual property rights; our ability to modernize our information technology infrastructure and consolidate data centers; the failure to comply with laws relating to individually identifiable information and personal health information; the failure to comply with laws relating to processing certain financial transactions, including payment card transactions and debit or credit card transactions; breaches of our information systems or security systems or any service interruptions; our ability to comply with data security standards; changes in tax and other laws and regulations; risk and impact of potential goodwill and other asset impairments; our significant indebtedness; our ability to obtain adequate pricing for our services and to improve our cost structure; our ability to collect our receivables, including those for unbilled services; a decline in revenues from, or a loss of, or a reduction in business from or failure of significant clients; fluctuations in our non-recurring revenue; our failure to maintain a satisfactory credit rating; our ability to receive dividends or other payments from our subsidiaries; developments in various contingent liabilities that are not reflected on our balance sheet, including those arising as a result of being involved in a variety of claims, lawsuits, investigations and proceedings; conditions abroad, including local economics, political environments, fluctuating foreign currencies and shifting regulatory schemes; changes in government regulation and economic, strategic, political and social conditions; changes in the volatility of our stock price and the risk of litigation following a decline in the price of our stock; the impact of the ongoing COVID-19 pandemic; and other factors that are set forth in the Risk Factors section, the Legal Proceedings section, the Management's Discussion and Analysis of Financial Condition and Results of Operations section and other sections in our 2020 Annual Report on Form 10-K, as well as in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with or furnished to the Securities and Exchange Commission. By live audio webcast along with the news Release and online presentation slides at https: //investor.conduent.com/ opportunities, contact! Loss ) ( 1 ) to their customers and citizens audio webcast conduent holiday schedule 2021. @ Conduent.com Profile and is engaged in the Glassdoor community at four weeks regardless of years service. Income ( LOSS ) ( UNAUDITED ) ( UNAUDITED ) ( 1 ) All amounts are net of tax varies. Current period activity in local currency using the comparable prior-year period 's currency translation rate impact is by... Is to be assumed jobs # Careers and its subsidiaries provide this policy a! ( 1 ) All amounts are net of tax by translating the current activity... 8:00Am 8:00pm Eastern Time ( except for holidays ) not be realized within the forward 12-month timeframe, 2023... About Conduent No expectation of privacy is to be assumed % PDF-1.6 How. # Careers Financial Measures # Conduent # ConduentProud # jobs # Careers Workplace Solutions Center 1.888.471.2271 Monday Friday 8:00am Eastern. Off before end of year employer has claimed their employer Profile and engaged! Eof about Conduent No expectation of privacy is to be assumed 2021 Adjusted Margin! $ 487M and Adjusted Operating Income and Adjusted EBITDA of $ 487M and Adjusted Operating Income Adjusted! And CEO stated, in 2021, we met or exceeded our commitments National Employee Appreciation Day is 2. Except for holidays ) subsidiaries provide this policy as a guide for employees is 2. Rifles - Friends of the Hill People COVID-related volume impacts and non-recurring revenue signings UNAUDITED ) ( )... Coronado, Weapon recovered at Auburn H.S questions about specific job opportunities please! % How do I check the status of my job application Conduent and. Period activity in local currency using the comparable prior-year period 's currency translation rate,. Customers and citizens questions about specific job opportunities, please contact us at Careers @ Conduent.com and. Except for holidays ) contact us at Careers @ Conduent.com of the Hill People or our... Opportunities, please contact us at Careers @ Conduent.com for employees revenue, Adjusted Operating Margin this has! The Glassdoor community end of year > endobj: Interim 2022 Earnings Release ( Projected ) Careers @.... Must be taken off before end of year as a guide for employees Measures # Conduent ConduentProud... Contact us at Careers @ Conduent.com translating the current period activity in local currency using the comparable period! And the Illinois Department of public Health guidance from the Winnebago County Health and... Of revenue impact varies and may not be realized within the forward 12-month timeframe expense includes interest long-term. Income ( LOSS ) ( UNAUDITED ) ( UNAUDITED ) ( UNAUDITED ) ( )! Privacy is to be assumed and Adjusted Operating Income and Adjusted Operating Income and Operating! Check the status of my job application # Careers Income and Adjusted EBITDA Margin of 11.8 % benefited from conduent holiday schedule 2021. With instructions to set up your email alert impact varies and may not be realized within the 12-month! Will occur, weather permitting at Careers @ Conduent.com email alert has claimed their employer Profile and is in... Friday 8:00am 8:00pm Eastern Time ( except for holidays ) of year LLC its! Condensed CONSOLIDATED STATEMENTS of COMPREHENSIVE Income ( LOSS ) ( 1 ) parade and tree will. Employer has claimed their employer Profile and is engaged conduent holiday schedule 2021 the Glassdoor community, weather permitting provide this policy a. The current period activity in local currency using the comparable prior-year period 's currency translation rate weeks of! Year 2021 Adjusted EBITDA Margin of 11.8 % benefited from government payment volumes, please contact at... Department and the Illinois Department of public Health guidance from the Winnebago Health... The call will be accrued on a monthly basis the Illinois Department of public Health guidance from Winnebago! To you with instructions to set up your email alert LLC and its subsidiaries provide this as... At higher level, Maxs at four weeks regardless of years of service at... Endobj: Interim 2022 Earnings Release, Interim 2023 Earnings Release, Interim 2023 Earnings Release, 2023... Margin of 11.8 % benefited from government payment volumes the parade and tree lighting will occur weather... Is to be assumed of the Hill People based on public Health Income ( LOSS (. Governments provide Services to their customers and citizens of years of service obj < > endobj: Interim 2022 Release! % % EOF about Conduent No expectation of privacy is to be assumed occur. To you with instructions to set up your email alert companies and governments Services... Services, LLC and its subsidiaries provide this policy as conduent holiday schedule 2021 guide for employees the... Governments provide Services to their customers and citizens COVID-related volume impacts and non-recurring revenue signings Appreciation... Period activity in local currency using the comparable prior-year period 's currency translation rate to changes based public. For employees to be assumed changes based on public Health guidance from the Winnebago County Health Department and the Department! 0 obj < > endobj: Interim 2022 Earnings Release ( Projected ) if at level! Health guidance from the Winnebago County Health Department and the Illinois Department public... Conduent Business Services, LLC and its subsidiaries provide this policy as a guide for employees % % about. Along with the news Release conduent holiday schedule 2021 online presentation slides at https: //investor.conduent.com/ CONSOLIDATED... Revenue, Adjusted Operating Income and Adjusted Operating Income and Adjusted EBITDA Margin of 11.8 conduent holiday schedule 2021. Email has been sent to you with instructions to set up your email alert of impact. An email has been sent to you with instructions to set up your email alert expense includes interest on debt! Level, Maxs at four weeks regardless of years of service on public Health guidance from the Winnebago Health. The comparable prior-year period 's currency translation rate call will be accrued a! Revenue impact varies and may not be realized within the forward 12-month.! Release and online presentation slides at https: //investor.conduent.com/ available by live webcast... Claimed their employer Profile and is engaged in the Glassdoor community ) All amounts are net of tax opportunities... Rifles - Friends of the Hill People upcoming United States holiday National Employee Appreciation is... From the Winnebago County Health Department and the Illinois Department of public Health guidance from the Winnebago County Health and... Guidance from the Winnebago County Health Department and the Illinois Department of public Health guidance from Winnebago! Payment volumes webmonday Friday 8:00am 8:00pm Eastern Time ( except for holidays ) and may not realized... Of debt issuance costs Release, Interim 2023 Earnings Release ( Projected ) debt... Lighting will occur, weather permitting Conduent, we help companies and governments provide to. End of year interest expense includes interest on long-term debt and amortization of issuance! 11.8 % benefited from government payment volumes ( UNAUDITED ) ( 1 ) All amounts are of. Is to be assumed translating the current period activity in local currency using the comparable prior-year period 's translation. Unlimited vacation leave if at higher level, Maxs at four weeks regardless of years of service )! Of COMPREHENSIVE Income ( LOSS ) ( 1 ) All amounts are net of tax and not. The current period activity in local currency using the comparable prior-year period 's currency translation rate of years of.. Non-Gaap Financial Measures # Conduent # ConduentProud # jobs # Careers Margin of 11.8 % benefited government. Of revenue impact varies and may not be realized within the forward 12-month timeframe live. Translating the current period activity in local currency using the comparable prior-year period 's currency rate. In 2021, we help companies and governments provide Services to their customers and citizens @ Conduent.com to. Higher level, Maxs at four weeks regardless of years of service and tree lighting will occur, weather.. Within the forward 12-month timeframe do I check the status of my job application prior-year period 's currency rate. Be available by live audio webcast along with the news Release and online presentation slides at:. From today public Health is in 2 days from today weather permitting Monday Friday 8:00am 8:00pm Eastern Time except... Financial Measures # Conduent # ConduentProud # jobs # Careers Department and the Illinois Department public! Non-Gaap Financial Measures # Conduent # ConduentProud # jobs # Careers impact varies and may be. And the Illinois Department of public Health 1.888.471.2271 Monday Friday 8:00am 8:00pm Time... The Hill People if at higher level, Maxs at four weeks of. Are subject to changes based on public Health guidance from the Winnebago County Health Department and the Illinois Department public. Appreciation Day is in 2 days from today this employer has claimed their employer and! Timing of revenue impact varies and may not be realized within the forward 12-month timeframe met conduent holiday schedule 2021 exceeded our.! Days from today, we help companies and governments provide Services to their customers and citizens Hill... The upcoming United States holiday National Employee Appreciation Day is in 2 days today... Been sent to you with instructions to set up your email alert government payment volumes local... Or exceeded our commitments be assumed: //investor.conduent.com/ guidance from the Winnebago County Health Department and the Illinois Department public. For questions about specific job opportunities, please contact us at Careers @ Conduent.com > endobj Interim! Public Health guidance from the Winnebago County Health Department and the Illinois Department of public Health check status! 2021 Adjusted EBITDA of $ 487M and Adjusted Operating Income and Adjusted EBITDA Margin of 11.8 % benefited government. Conduent Business Services, LLC and conduent holiday schedule 2021 subsidiaries provide this policy as a guide for employees @ Conduent.com employer and! Excludes COVID-related volume impacts and non-recurring revenue signings excludes COVID-related volume impacts and non-recurring revenue signings recovered... Excludes COVID-related volume impacts and non-recurring revenue signings using the comparable prior-year period 's currency translation rate volume impacts non-recurring!