Concentrix Corp (CNXC) shares surged 8.34% on Wednesday following the release of its impressive first-quarter 2025 financial results. The customer experience solutions provider significantly outperformed analyst expectations, demonstrating robust growth in key financial metrics and raising its full-year revenue guidance.
The company reported adjusted earnings per share (EPS) of $2.79 for Q1, handily beating the analyst consensus estimate of $2.58. This represents an 8.56% increase from the $2.57 per share reported in the same period last year. Concentrix's revenue for the quarter ended February 28 came in at $2.37 billion, slightly above analyst expectations of $2.36 billion, despite a marginal 1.28% year-over-year decrease.
Other notable achievements include adjusted EBITDA of $374.2 million, surpassing the estimate of $370 million, and adjusted net income of $188.1 million, significantly higher than the expected $168.7 million. The company's adjusted operating margin stood at a healthy 13.6%, showing an improvement from 13.3% in the prior year quarter.
In a move that further bolstered investor confidence, Concentrix raised its fiscal 2025 reported revenue outlook. The company now expects full-year revenue between $9.49 billion and $9.635 billion, up from its previous projection of $9.47 billion to $9.61 billion. This new guidance implies a constant currency revenue growth of 0% to 1.5% for the full year.
Chris Caldwell, President and CEO of Concentrix, commented on the results, stating, "Our first quarter results demonstrate our progress as we win quality business and take advantage of GenAI opportunities, leveraging our unique technology and service capabilities to drive our clients' success. With a solid start to the year, we remain on track to deliver ongoing constant currency revenue growth, while expanding margins and growing free cash flow in 2025 and beyond."
The strong quarterly performance and optimistic outlook have clearly resonated with investors, driving the significant stock price increase. As Concentrix continues to navigate the evolving landscape of customer experience solutions and capitalize on artificial intelligence opportunities, market participants appear bullish on the company's growth prospects.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。