Concentrix Fiscal Q3 Earnings Rise, Revenue Falls; Adjusts Full-Year Outlook; Increases Dividend

MT Newswires Live
Yesterday

Concentrix (CNXC) reported fiscal Q3 non-GAAP net income late Tuesday of $2.92 per diluted share, up from $2.78 a year earlier.

Four analysts polled by FactSet expected $2.71.

Revenue for the quarter ended August 31 was $2.45 billion, down from $2.48 billion a year earlier.

Four analysts expected $2.48 billion.

Concentrix expects fiscal Q4 non-GAAP EPS of $2.86 to $2.98 on revenue of $2.41 billion to $2.46 billion. Analysts expect $3.05 and $2.52 billion, respectively.

The company now expects fiscal 2026 adjusted EPS of $10.97 to $11.09 on revenue of $9.83 billion to $9.88 billion. It previously projected adjusted EPS of $10.83 to $11.18 on revenue of $9.93 billion to $10.03 billion.

Four analysts expect EPS of $10.97 on revenue of $9.96 billion.

The company raised its quarterly dividend to $0.37 a share from $0.36, payable Nov. 3 to stockholders of record Oct. 23.

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