Why SaaS Company Conduent's Shares Are Surging Today
Why SaaS Company Conduent's Shares Are Surging Today
Conduent Inc (NASDAQ:CNDT) shares are trading higher after the company signed an agreement to sell its Casualty Claims Solutions business to MedRisk.
Conduent Inc（納斯達克股票代碼：CNDT）簽署了將其意外傷害索賠解決方案業務出售給Medrisk的協議後，該公司股價走高。
MedRisk is a managed care organization dedicated to the physical rehabilitation of workers' compensation patients.
MedRisk是一家管理式醫療組織，致力於爲工傷補償患者提供身體康復。
The $240 million cash deal includes Conduent's workers' compensation and auto casualty bill review solutions. It also includes the processing of medical bills and clinical services, and its portfolio of Strataware bill review software products.
這筆2.4億美元的現金協議包括Conduent的工傷賠償和車禍賬單審查解決方案。它還包括醫療賬單和臨床服務的處理，以及其Strataware賬單審查軟件產品組合。
In 2023, the business, with approximately 100 clients across multiple markets, processed approximately 29 million medical bills. Conduent employees in the Casualty Claims Solutions business will join MedRisk as part of the transaction.
2023年，該公司在多個市場擁有約100名客戶，處理了約2900萬張醫療賬單。作爲交易的一部分，意外傷害索賠解決方案業務的Conduent員工將加入MedRisk。
The transaction is expected to be completed in the third quarter of 2024.
該交易預計將於2024年第三季度完成。
"This transaction is an additional example of the significant progress we have made in our strategy to streamline our portfolio while increasing our focus on core capabilities to fuel Conduent's growth," said President and CEO Cliff Skelton.
總裁兼首席執行官克里夫·斯凱爾頓表示：“這筆交易是我們在精簡投資組合的戰略方面取得的重大進展的又一個例子，同時更加關注核心能力，以推動Conduent的增長。”
Conduent reported a first-quarter FY24 sales decline of 0.1% year-on-year to $921 million, beating the analyst consensus estimate of $895 million.
Conduent報告稱，24財年第一季度的銷售額同比下降0.1％，至9.21億美元，超過了分析師普遍預期的8.95億美元。
Adjusted EPS of $(0.09) beat the consensus estimate of $0.00.
調整後的每股收益爲0.09美元，超過了市場普遍預期的0.00美元。
Earlier in the week, the company had announced a collaboration with tech giant Microsoft Corp (NASDAQ:MSFT) to use the latter's Azure OpenAI Service to leverage generative AI strength to drive quality, productivity, and faster cycle times for its global clients.
本週早些時候，該公司宣佈與科技巨頭微軟公司（納斯達克股票代碼：MSFT）合作，使用後者的Azure OpenAI服務來利用生成式人工智能的力量來提高其全球客戶的質量、生產力和更快的週期。
Also, Conduent recently completed the sale of its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo, a division of Constellation Software Inc.
此外，Conduent最近完成了向Constellation Software Inc旗下的Modaxo出售其路邊管理解決方案和公共安全解決方案業務的交易。
Price Action: CNDT shares are trading higher by 5.71% at $3.89 at the last check Friday.
價格走勢：在週五的最後一次支票中，CNDT股價上漲5.71％，至3.89美元。
譯文內容由第三人軟體翻譯。