Company: CNDT
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001677703-25-000152
Chunk: 57

Company: CONDUENT Inc
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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 per share of common stock), subject to customary anti-dilution adjustments.

Note 14 – Earnings (Loss) per Share

The Company did not declare any common stock dividends in the periods presented.The following table sets forth the computation of basic and diluted earnings (loss) per share of common stock: Three Months Ended September 30,Nine Months Ended September 30,(in millions, except per share data in whole dollars and shares in thousands)2025202420252024Basic Net Earnings (Loss) per Share:Net Income (Loss)$(46)$123 $(137)$438 Dividend - Preferred Stock(2)(2)(7)(7)Adjusted Net Income (Loss) Available to Common Shareholders - Basic$(48)$121 $(144)$431 Diluted Net Earnings (Loss) per Share:Net Income (Loss)$(46)$123 $(137)$438 Dividend - Preferred Stock(2)— (7)— Adjusted Net Income (Loss) Available to Common Shareholders - Diluted$(48)$123 $(144)$438 Weighted Average Common Shares Outstanding - Basic157,004 161,684 159,899 189,107 Common Shares Issuable With Respect To:Restricted Stock and Performance Units / Shares— 4,077 — 2,473 8% Convertible Preferred Stock— 5,393 — 5,393 Weighted Average Common Shares Outstanding - Diluted157,004 171,154 159,899 196,973 Net Earnings (Loss) per Share:Basic$(0.30)$0.75 $(0.90)$2.28 Diluted$(0.30)$0.72 $(0.90)$2.22 The following securities were not included in the computation of diluted earnings per share as they were either contingently issuable shares or shares that if included would have been anti-dilutive (shares in thousands):Restricted stock and performance shares/units17,271 10,288 17,287 10,329 Convertible preferred stock5,393 — 5,393 — Total Anti-Dilutive and Contingently Issuable Securities22,664 10,288 22,680 10,329 

CNDT Q3 2025 Form 10-Q21

Note 15 – Supplementary Financial Information

The components of Other assets and Other liabilities were as follows:(in millions)September