Concentrix Fiscal Q4 Non-GAAP EPS Falls, Revenue Rises; Guidance Set -- Shares Fall After Hours

MT Newswires
16 Jan

Concentrix (CNXC) reported fiscal Q4 non-GAAP diluted earnings late Wednesday of $3.26 a share, down from $3.36 a year earlier.

Four analysts surveyed by FactSet expected $3.02.

Revenue in the quarter ended Nov. 30 was $2.45 billion, up from $2.23 billion a year earlier. Analysts surveyed by FactSet expected $2.44 billion.

The company expects fiscal Q1 non-GAAP earnings of $2.49 to $2.64 a share. Three analysts surveyed by FactSet expects $2.85. The company expects revenue for the quarter of $2.36 billion to $2.37 billion. Three analysts surveyed by FactSet expect $2.41 billion.

Concentrix expects fiscal year 2025 non-GAAP earnings of $11.18 to $11.77 a share. Analysts surveyed by FactSet expect $12.04. The company expects revenue for the year of $9.47 billion to $9.61 billion. Analysts surveyed by FactSet expect $9.73 billion.

The company maintained a quarterly dividend of $0.33275 a share, payable on Feb. 11 to shareholders of record on Jan. 31.

Concentrix shares were down 5% in recent after-hours activity.











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