FLORHAM PARK, N.J. (AP) — FLORHAM PARK, N.J. (AP) — Conduent Incorporated (CNDT) on Thursday reported a loss of $33 million in its fourth quarter.
The Florham Park, New Jersey-based company said it had a loss of 23 cents per share. Losses, adjusted for non-recurring costs, were 9 cents per share.
The company posted revenue of $770 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $792.3 million.
For the year, the company reported a loss of $170 million, or $1.14 per share. Revenue was reported as $3.04 billion.
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