Concentrix Shares Fall After Adjusted Earnings Miss

Dow Jones
Jun 27, 2025
 

By Katherine Hamilton

 

Concentrix shares slipped after the company fell short of expectations with its adjusted earnings for the latest quarter and projections for the current quarter.

Shares declined 9%, to $50, in after-hours trading on Thursday. At the close, the stock was up 27% this year.

The customer experience solutions and technology company said Thursday it expects adjusted earnings per share in the current third quarter to be $2.80 to $2.91. Analysts polled by FactSet had been projecting $2.92 a share.

For the fiscal second quarter, adjusted earnings were $2.70 a share, also falling below the $2.78 estimate from Wall Street.

Adjusted operating income made up a smaller share of revenue this quarter, the Newark, Calif., company said. The decrease was primarily due to a temporary program pauses mid-quarter and investments ahead of expected accelerated growth in the second half of the year, the company said.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

June 26, 2025 18:39 ET (22:39 GMT)

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