Four dividend stocks can turn $100,000 into a steady income stream, but the highest-yielding names carry a risk most investors never check before collecting their first payment.
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Retirement planning usually comes down to two numbers: how much you have saved, and how much those savings can pay you each year without being sold off. On an April 21, 2026, episode of The Clark Howard Podcast, financial advisor Wes Moss put the goal this way: “We want to get to a million dollars in liquid assets. We want $100,000, let’s say, in retirement income.”
For most retirees, that income comes from several places at once: Social Security, pensions, account withdrawals. Dividend stocks fill a specific gap. They pay cash on a set schedule, so retirees don’t have to sell shares into a falling market to cover bills. Putting $25,000 in each of four dividend payers ($100,000 in total) would produce about $8,500 a year in passive income at current prices, based on each company’s forward annualized payout.
A $25,000 stake in each of these four dividend stocks would generate the following in annual income. They are counted down from lowest yield to highest. Each yield is a forward figure based on the latest declared dividend and share prices from midday trading on October 13, 2026.
Apogee Enterprises Forward Yield: 2.60% Shares for $25,000: 602.7 Annual Passive Income: ~$650.92 Apogee Enterprises (NASDAQ:APOG) designs and supplies architectural glass, metal framing systems, and related services for commercial buildings in the United States, Canada, and Brazil. Its brands include Kalwall, with Groglass as a pending addition. As a cyclical manufacturer, Apogee keeps most of its earnings to fund operations, acquisitions, and buybacks, which is why it has the lowest yield in this group. Its role here is stability: a smaller, well-covered payout.
Coverage is the strongest of the four. Fiscal second-quarter 2027 adjusted diluted EPS came in at $1.17, well above the $0.64 estimate, against a quarterly dividend of $0.27. Revenue rose 9.2% to $391.1 million, and management raised full-year adjusted EPS guidance to $3.00 to $3.40. Apogee also bought back $16.1 million of stock during the first six months of the fiscal year, and its dividend record runs back to 1999.
Concentrix Forward Yield: 5.46% Shares for $25,000: 922.5 Annual Passive Income: ~$1,365.31 Concentrix (NASDAQ:CNXC | CNXC Price Prediction) runs customer experience operations for large enterprises, handling support, sales, and digital engagement worldwide. The high yield comes mostly from a lower share price. The stock has traded between $18.81 and $45.95 over the past 52 weeks as investors argue over how AI will reshape demand for outsourced customer service. Management counters that 50% of revenue now comes from AI-era business won in the last three years. Shares rose $1.63 to $27.10 in midday trading.
A reported GAAP net loss of $988 million in the fiscal third quarter came from a $1.05 billion non-cash goodwill impairment. Cash generation tells a different story: non-GAAP EPS of $2.92 beat the $2.81 estimate, and free cash flow reached $221 million. Full-year guidance calls for non-GAAP EPS of $10.97 to $11.09, which well covers the $1.48 forward annual dividend. The board recently raised the quarterly payout to $0.37 from $0.36, payable November 3, 2026, and has $396.6 million left on its buyback program.
RMR Forward Yield: 9.85% Shares for $25,000: 1,367.6 Annual Passive Income: ~$2,461.71 RMR Group (NASDAQ:RMR) is an alternative asset manager. It makes base management and incentive fees from a family of publicly traded REITs, the Sonesta hotel business, and RMR Residential. The model needs very little capital, so most of its cash can go back to shareholders, and which is the main reason for its high yield. The share price also shows a shrinking fee base: assets under management fell to $37.14 billion from $39.84 billion a year earlier.
Coverage needs a close look. Fiscal second-quarter adjusted EPS of $0.11 missed the $0.14 estimate and fell well short of the $0.45 quarterly dividend. Trailing diluted EPS of $1.15 is also below the $1.80 forward payout. CEO Adam Portnoy said two managed REITs are on pace to generate about $33 million in incentive fees for calendar 2026, which would add to recurring fees. RMR has held the dividend at $0.45 for the last twelve quarterly payments, and the next one is due November 12, 2026. It is also expanding through a $350 million Greenwich multifamily joint venture.
Seven Hills Realty Trust Forward Yield: 16.23% Shares for $25,000: 3,623.2 Annual Passive Income: ~$4,057.97 Seven Hills Realty Trust (NASDAQ:SVEN) is a commercial mortgage REIT managed by Tremont Realty Capital, part of RMR. Its portfolio is 100% floating-rate first mortgage loans at a weighted average of SOFR+3.54%, with no realized losses. Its office exposure has dropped to 19% from 23%. As a REIT, it must pay out most of its taxable income, and that income is the spread between its loan rates and its cost of funding. The rest of the yield comes from valuation: the stock trades at $6.90 per share, compared with a book value of $14.15 per share.
Distributable earnings are the right measure here, and they show the risk. Second-quarter distributable earnings of $0.23 per share fell short of the $0.28 distribution, a 122% payout ratio. A $4.92 million credit-loss provision pushed GAAP results to a loss. The company had already cut the distribution to $0.35 in 2025. CEO Tom Lorenzini aims to cover the dividend by year-end 2026 through new loans, after $75 million in second-quarter originations and another $24 million in July.
What $100,000 Produces Each Year Name Forward Yield Annual Dividend Income Apogee Enterprises 2.60% $650.92 Concentrix 5.46% $1,365.31 RMR 9.85% $2,461.71 Seven Hills Realty Trust 16.23% $4,057.97 Total 8.54% $8,535.91 Together, these four positions generate $8,535.91 in annual passive income on a $100,000 investment, for a combined yield of 8.54%. Seven Hills contributes $4,057.97, RMR adds $2,461.71, Concentrix supplies $1,365.31, and Apogee rounds out the group with $650.92.
The payout schedule adds to the appeal. All four companies have their next payouts scheduled for November, so the group acts like a quarterly paycheck. The mix also matters. The two highest yielders carry the most coverage risk, while Concentrix and Apogee pay smaller amounts supported by much stronger earnings. Reinvesting those payments during the working years raises the share count each quarter, which in turn raises the income available once the checks are needed for living expenses. (That is the whole point of a dividend ladder, and we laid out how to build one that never forces a sale in a free guide here.)
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Concentrix (CNXC - Free Report) . CNXC is currently sporting a Zacks Rank #2 (Buy) and an A for Value.
CNXC is also sporting a PEG ratio of 0.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CNXC's industry currently sports an average PEG of 1.52. Over the last 12 months, CNXC's PEG has been as high as 0.71 and as low as 0.44, with a median of 0.57.
Finally, investors should note that CNXC has a P/CF ratio of 4.05. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 10.46. CNXC's P/CF has been as high as 4.50 and as low as 2.60, with a median of 3.31, all within the past year.
These are just a handful of the figures considered in Concentrix's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that CNXC is an impressive value stock right now.
Investors looking for stocks in the Business - Services sector might want to consider either Concentrix Corporation (CNXC) or UL Solutions Inc. (ULS). But which of these two stocks is more attractive to value investors?
NEW YORK, Oct. 22, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Concentrix Corporation ("Concentrix" or the "Company") (NASDAQ: CNXC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Concentrix Corporation (“Concentrix” or the “Company”) (NASDAQ: CNXC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Concentrix and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 29, 2026, Concentrix reported its financial results for the second quarter of its 2026 fiscal year. Among other items, Concentrix reduced its revenue and adjusted earnings forecasts, citing faster offshoring and customer spending reductions.
On this news, Concentrix’s stock price fell $2.82 per share, or 11.18%, to close at $22.41 per share on 30, 2026.
Then, on September 29, 2026, Concentrix again lowered its revenue outlook and disclosed a $1.05 billion noncash goodwill impairment, primarily attributed to its stock’s trading range and market capitalization. Together with its fiscal 2025 impairment, the charges totaled approximately $2.57 billion.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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Turning dividends into a full-time paycheck sounds simple until you realize the yield you chase could demand three times more capital than the one you ignored. The right starting point depends on a tradeoff most investors never see coming.
Picture a $9,250 paycheck landing every month. That’s $111,000 a year, which puts a single filer right up against the 24% federal bracket, since it starts at taxable income above $105,700 in 2026. If you want the portfolio income to take over that paycheck, the math is refreshingly simple: income target divided by yield equals the capital you need. The catch is how much your chosen yield moves the answer. Depending on where you land, you could need a little under $1 million or more than $3 million.
Conservative Tier Needs $2.8 Million or More At 3.5%, $111,000 divided by 0.035 equals about $3,171,000. At 4%, $111,000 divided by 0.04 equals $2,775,000. This range typically covers dividend-growth funds, broad-market equity funds, and blue-chip compounders.
Many individual names here yield less than the tier average and rely on dividend growth instead. First United (NASDAQ:FUNC), a Maryland community bank, yields about 2.6% on a $1.12 annualized payout. Its quarterly dividend rose from $0.09 in 2018 to $0.28 for the November payment. Coca-Cola Consolidated (NASDAQ:COKE | COKE Price Prediction) yields only about 0.5%, yet its stock gained 1,406% over ten years.
This tier requires the most upfront capital. In return, it has historically carried lower income-disruption risk and more room for principal growth.
Moderate Yields Cut the Bill to $1.6 Million At 5%, $111,000 divided by 0.05 equals $2,220,000. At 7%, $111,000 divided by 0.07 equals about $1,586,000. Covered call ETFs, preferred shares, REITs, and high-dividend equity funds typically land in this range.
Concentrix (NASDAQ:CNXC) yields about 5.6% after it raised its quarterly dividend to $0.37 from $0.36. The higher yield partly reflects a 33% drop this year. Management guides to adjusted free cash flow of $630 million to $650 million for fiscal 2026.
Energy payers such as APA (NASDAQ:APA) add income and buybacks, pledging to return at least 60% of free cash flow in 2026. APA’s quarterly dividend fell to $0.025 in 2020 before returning to $0.25. Across this tier, dividend growth tends to slow, covered call strategies cap upside, and income may trail inflation over decades.
Aggressive Tier Reaches the Target for Under $1.4 Million An 8% rate means $111,000 divided by 0.08 equals $1,387,500. A 14% rate means $111,000 divided by 0.14 equals about $793,000. Leveraged covered call funds, BDCs (which lend to midsize private firms), mortgage REITs and high-yield bond funds fill this tier.
One closed-end credit fund pays $0.17 monthly, a forward yield near 13.7%, though shares are down 29% this year. Prospect Capital (NASDAQ:PSEC) shows how this tier can wear down principal. It cut its monthly payout from $0.06 to $0.045, then to $0.035 in May 2026.
Net asset value fell from $6.56 to $5.71, distributions exceed net investment income, and a $264.5 million bond comes due in November. The stock trades near $1.60, down 62% over five years. Its roughly 26% forward yield comes more from the price drop than from any strength in the payout.
Why a 3.5% Yield Can Outearn 10% A 10% yield looks great on paper. Put $1,110,00 to work at that rate and get $111,000 a year. The trouble is what happens next. If that payout never grows, it buys less each year as prices climb, and it shrinks outright if the fund ever cuts its distribution.
Now flip it around. At a 3.5% yield, you’d need a bigger starting portfolio, about $1,171,000 to reach the same $111,000. But if those dividends grow 8% a year, that paycheck doesn’t stay put. By year nine, it’s producing about $221,900.
That works out to roughly a 7% yield on the original capital. The capital gap between the two approaches is large, so many investors blend tiers to get a payment schedule that looks like a paycheck (we walked through the mix, the payout calendar, and the withdrawal order in a free guide here: The Paycheck Portfolio Method). A 6% blended yield requires $1,850,000.
Three Moves Before Choosing a Yield Start with after-tax spending. BDC and bond fund payouts generally face ordinary income tax rates, while qualified dividends get lower rates. Your actual spending needs may be less than the full $111,000. Compare 10-year total returns. Over the past decade, Coca-Cola Consolidated’s price rose 1,406% while Prospect’s fell 31%. Run the same comparison on any fund you are considering. Check payout coverage. For each high-yield holding, confirm that earnings or net investment income cover the distribution before including that income in your monthly budget. Contact [email protected] for any questions or corrections.
On October 06, 2026, Concentrix Corp CNXC shares fell 4.0% to $24.84, marking a significant decline of 45.2% over the past year. The stock has traded within a 52-week range of $19.12 to $49.37.
GF Value™ verdict: $24.84 vs $58.19, 57.3% undervaluedGF Score™: 65/100 (Above Average)Most notable signal: Insider activity shows $133.2M net selling over the past 12 monthsIs CNXC Overvalued or Undervalued?The current trading price of Concentrix Corp CNXC at $24.84 suggests that the stock is significantly undervalued according to the GF Value™, which estimates the fair value at $58.19. This represents a notable margin of safety, indicating that there could be a strong opportunity for investors if the company can turn around its performance. However, it is essential to approach this with caution, as the GF Valuation label indicates a “Possible Value Trap, Think Twice.” This warning suggests that the valuation may not be reliable, especially considering that CNXC is currently unprofitable and cash-flow negative, which complicates the assessment of its intrinsic value.
GF Value™ is GuruFocus' proprietary estimate of a stock's intrinsic value, derived from historical trading multiples, past business growth, and future performance estimates. In this case, while the GF Value signals a potential opportunity, the financial metrics and performance history of Concentrix must be scrutinized before making any decisions.
How Does CNXC's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)2.0x14.2xWith a current P/E ratio of 2.0x compared to its 5-year median P/E of 14.2x, Concentrix is trading significantly below its historical valuation. This analysis aligns with the GF Value™, reinforcing the view that CNXC may be undervalued. However, the extremely low P/E ratio suggests that investors should remain cautious about the company’s ability to recover and generate profits in the future.
What Does CNXC's GF Score™ Tell Us?The GF Score™ measures the overall quality of a stock based on various factors, including financial strength, profitability, growth potential, valuation, and momentum. Concentrix Corp has a GF Score™ of 65/100, indicating that it is above average compared to other stocks. The strongest sub-ranks are in profitability (7/10) and growth (5/10), while the weakest area is valuation, with a rank of 2/10.
MetricRatingGF Score™65Financial Strength4/10Profitability7/10Growth5/10Valuation2/10Momentum4/10The GF Score™ indicates that while Concentrix has solid profitability metrics, its financial strength and valuation are concerning. The low valuation rank suggests that despite the potential for growth, the current market sentiment may not favor the stock at this time.
What Are Gurus and Insiders Doing with CNXC?Currently, 6 gurus hold shares of Concentrix Corp, with 3 adding to their positions and 3 trimming their holdings in recent quarters. This mixed signal indicates a lack of consensus among institutional investors regarding the stock's potential.
Insider activity over the past year shows that insiders bought a total of $0.3M worth of shares while selling $133.5M, resulting in a $133.2M net selling. This pattern of significant insider selling raises concerns about the company's future prospects, suggesting that those with the most intimate understanding of the company may lack confidence in its short-term performance.
What This Means for InvestorsBased on the analysis of GF Value™, Concentrix Corp CNXC appears to be undervalued at its current price of $24.84, with a potential upside according to the GF Value estimate. However, the company's unprofitability and the significant insider selling signal caution. Investors should weigh the risks carefully before considering any positions in CNXC.
For more detailed insights, visit the Concentrix Corp CNXC stock page and explore further on the GF Value™ page.
Frequently Asked QuestionsWhat is CNXC's GF Score™?
CNXC's GF Score™ is 65/100, indicating it is above average compared to other stocks, reflecting its stronger profitability and growth potential.
Is CNXC overvalued or undervalued?
CNXC is currently undervalued, with a GF Value™ of $58.19 compared to its market price of $24.84, suggesting a potential upside.
What is CNXC's P/E ratio?
CNXC has a P/E ratio of 2.0x, which is significantly below its 5-year median P/E of 14.2x, indicating that the stock is trading at a low valuation relative to its historical performance.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Investors with an interest in Business - Services stocks have likely encountered both Concentrix Corporation (CNXC - Free Report) and UL Solutions Inc. (ULS - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Concentrix Corporation and UL Solutions Inc. are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This means that CNXC's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is only part of the picture for value investors.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.
CNXC currently has a forward P/E ratio of 2.34, while ULS has a forward P/E of 29.65. We also note that CNXC has a PEG ratio of 0.43. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. ULS currently has a PEG ratio of 2.56.
Another notable valuation metric for CNXC is its P/B ratio of 0.89. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, ULS has a P/B of 8.51.
These are just a few of the metrics contributing to CNXC's Value grade of A and ULS's Value grade of D.
CNXC has seen stronger estimate revision activity and sports more attractive valuation metrics than ULS, so it seems like value investors will conclude that CNXC is the superior option right now.
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Concentrix (CNXC - Free Report) . CNXC is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 4.71. This compares to its industry's average Forward P/E of 13.05. Over the past year, CNXC's Forward P/E has been as high as 5.64 and as low as 3.16, with a median of 4.16.
CNXC is also sporting a PEG ratio of 0.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CNXC's industry has an average PEG of 1.36 right now. Within the past year, CNXC's PEG has been as high as 0.71 and as low as 0.44, with a median of 0.57.
Finally, investors will want to recognize that CNXC has a P/CF ratio of 4.05. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. CNXC's current P/CF looks attractive when compared to its industry's average P/CF of 9.42. Within the past 12 months, CNXC's P/CF has been as high as 4.50 and as low as 2.60, with a median of 3.31.
These are only a few of the key metrics included in Concentrix's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, CNXC looks like an impressive value stock at the moment.
SAN DIEGO, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, is investigating Concentrix Corporation (NASDAQ: CNXC) on behalf of investors who may have suffered losses. If you purchased Concentrix securities and suffered losses, please contact the firm to learn more about the investigation. There is no cost or obligation.
Why Is Johnson Fistel Investigating Concentrix?
The investigation concerns whether Concentrix adequately disclosed customer-demand pressures, accelerating offshore migration, customer spending reductions, and their effects on its financial outlook.
Concentrix maintained its fiscal 2026 outlook in March, but reduced its revenue and adjusted earnings forecasts on June 29, 2026, citing faster offshoring and customer spending reductions. Shares fell approximately 24% in premarket trading on June 30.
On September 29, 2026, Concentrix again lowered its revenue outlook and disclosed a $1.05 billion noncash goodwill impairment, primarily attributed to its stock’s trading range and market capitalization. Together with its fiscal 2025 impairment, the charges totaled approximately $2.57 billion.
Johnson Fistel is examining when management knew of these business pressures and whether the Company’s forecasts, disclosures, and goodwill valuation appropriately reflected that information.
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Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. The firm also represents foreign investors who have purchased securities on U.S. exchanges.
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What happened Concentrix Corporation (NASDAQ: CNXC) reported third-quarter revenue of $2.45 billion and a GAAP loss after a $1.05 billion goodwill charge. Revenue was down 1.2% from $2.48 billion a year earlier.
Operating loss was $(910.3) million, and operating margin was (37.1)% versus 5.9% in the prior-year quarter. Non-GAAP operating income was $309.0 million, and adjusted EBITDA was $363.0 million.
Cash flow from operations was $268.2 million. The company did not repurchase any shares, and the board raised the quarterly dividend to $0.37 per share. At August 31, 2026, $396.6 million of repurchase authorization remained. Key numbers Metric Latest Change Source Revenue $2.45 billion from $2.48 billion, -1.2% SEC 8-K press release Operating loss -$910.3 million from $147.0 million SEC 8-K press release Non-GAAP operating income $309.0 million from $305.1 million, +1.3% SEC 8-K press release Net income (loss) -$988.1 million from $88.1 million SEC 8-K press release Adjusted free cash flow $218.3 million from $178.8 million, +22.1% SEC 8-K press release Read more: Concentrix (CNXC) stock analysis and investment case
Why it matters OptimistFi's case is that Concentrix can be a durable cash generator if its global customer-experience and digital-operations platform remains the way large brands modernize service. This filing is mixed for that view because the quarter still generated $268.2 million of cash flow from operations and $218.3 million of adjusted free cash flow.
Adjusted free cash flow was 22.1% above the prior-year quarter. Management also said 50% of revenue now comes from business won and deployed within the last 3 years since the introduction of AI. Non-GAAP operating income rose 1.3% to $309.0 million.
The quarter also included a non-cash goodwill impairment charge of $1.05 billion. Concentrix said it was mainly tied to the recent trading range for its stock price and market capitalization. The charge pushed net loss to $(988.1) million and diluted EPS to $(16.24).
For the first nine months, revenue reached $7.42 billion, up 2%, and adjusted free cash flow was $316.0 million. Guidance is softer. Fourth-quarter reported revenue is expected to be $2.41 billion to $2.46 billion, and full-year reported revenue is expected to be $9.83 billion to $9.88 billion.
Those ranges imply constant-currency revenue decline of (5.0)% to (3.0)% for the quarter and (0.8)% to (0.3)% for the year.
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What's next Concentrix will host a conference call today at 5:00 p.m. (ET) 2:00 p.m. (PT) to review the quarter. The dividend is payable on November 3, 2026, to shareholders of record at the close of business on October 23, 2026.
Full-year adjusted free cash flow is expected to be about $630.0 million to $650.0 million. If management backs the cash-flow outlook and explains the goodwill charge, that would strengthen the case.
If the fourth-quarter revenue range or constant-currency decline worsens, that would weaken it.
More from OptimistFi CNXC stock: the Concentrix thesis, its status and the next test to watch Dividendology Explains VICI Properties Inc. (NYSE: VICI)'s 8% Yield Fair Isaac Corporation (NYSE: FICO) Faces a 99-Cent Mortgage Score Rival Microsoft Corporation (NASDAQ: MSFT) Has a Cap on OpenAI Revenue Sharing Stock research on every company OptimistFi covers Latest stock research and investment-case updates OptimistFi: evidence-first equity research Sources Concentrix third-quarter 2026 results press release — Exhibit 99.1 furnished with the Form 8-K on September 29, 2026 Concentrix Form 8-K — Current report dated September 29, 2026 Read the full OptimistFi thesis on Concentrix Corporation: https://optimistfi.com/stocks/CNXC
See what would break the Concentrix Corporation thesis and track it live on the OptimistFi Thesis-Break Engine.
Browse every company OptimistFi covers at optimistfi.com/stocks, or read the latest evidence-first research.
The full Concentrix Corporation investment case, its status and the next test to watch live on the Concentrix Corporation thesis page.
Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.
If you want proof that investors are capable of jumping to the wrong conclusion, look no further than today's price action from shares of technology outfit Concentrix (CNXC +0.28%). Down as much as 8.6% from Tuesday's close early on in today's trading session, as of 2:38 p.m. ET this tech stock is up 3%.
What happened? The market was fully prepared to price in the company's fiscal Q3 revenue shortfall reported after Tuesday's close. With a bit more time to think about the context of the sales miss, however, investors turned their focus to the fact that Concentrix beat analysts' earnings estimates for its third fiscal quarter.
Not quite the concern investors initially felt Concentrix turned $2.45 billion in sales into an adjusted per-share profit of $2.92 for the three months ending in August. Although earnings were up 5% from the year-earlier comparison of $2.78 and easily topped estimates of $2.71, revenue fell 1.2% year-over-year, also falling short of analysts' expectations for a top line of just under $2.48 billion.
In an environment where most stocks are priced for perfection, even the slightest shortcoming can prompt panic.
Image source: Getty Images.
Last quarter's sales miss doesn't actually reflect the headwind many investors initially assumed it did, however. As CEO Christopher Caldwell explained during Tuesday afternoon's Q3 earnings conference call, two of its hyperscale clients dialed back the scale of their service from Concentrix, while a handful of customers switched to lower-cost artificial intelligence offerings. This shift is expected to persist for a while too, resulting in a 3% to 5% year-over-year decrease in revenue for the fourth fiscal quarter currently underway.
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While the knee-jerk response was bearish, having some time to consider the fact that earnings will still hold up compared to last year's Q4 bottom line of $2.95 per share, investors opted to buy back in, taking advantage of the stock's year-to-date pullback of 38%.
Not right for everyone, but maybe right for you Shares of the customer -interaction technology name are still speculative to be sure, and not a good fit for all portfolios.
If you can stomach the risk and understand the company's place within the AI-enabled customer service platform, though, Concentrix shares are still priced at an attractive discount even after today's sizable bullish swing.
And for what it's worth, the analyst community collectively says this ticker is worth $33.50 per share, up more than 30% from its current price.
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.2% on Wednesday.
Shares of Concentrix Corporation (NASDAQ:CNXC) fell sharply in pre-market trading after the company reported mixed third-quarter financial results and issued weak guidance for the current quarter. Also, the company narrowed its FY26 adjusted EPS guidance and cut its FY26 sales guidance below estimates.
Concentrix reported quarterly earnings of $2.92 per share which beat the analyst consensus estimate of $2.71 per share. The company reported quarterly sales of $2.454 billion which missed the analyst consensus estimate of $2.476 billion.
Concentrix shares dipped 10.6% to $22.25 in pre-market trading.
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Trulieve Cannabis Corp (NYSE:TRLV) fell 5.3% to $11.75 in pre-market trading.Moderna Inc (NASDAQ:MRNA) dipped 5.3% to $192.69 in pre-market trading after gaining 3% on Tuesday.WPP PLC (NYSE:WPP) fell 4.4% to $24.14 in pre-market trading.NN Inc (NASDAQ:NNBR) declined 4.4% to $3.71 in pre-market trading after gaining 4% on Tuesday. The company recently raised its FY2026 sales guidance.Elevra Lithium Limited (NASDAQ:ELVR) declined 4.1% to $39.24 in pre-market trading.Nextdoor Holdings Inc (NYSE:NXDR) fell 4.1% to $2.35 in pre-market trading.Cal-Maine Foods, Inc. (NASDAQ:CALM) dropped 4% to $65.82 in pre-market trading following weak first-quarter results.Iperionx Ltd (NASDAQ:IPX) declined 3.8% to $17.60 in pre-market trading following a 2% drop on Tuesday.Chimera Investment Corp (NYSE:CIM) fell 3.8% to $9.81 in pre-market trading.Photo via Shutterstock
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Elise Brassell - Vice President of Corporate Communications
Christopher Caldwell - President, CEO & Director
Andre Valentine - Executive VP & CFO
Conference Call Participants
Ruplu Bhattacharya - BofA Securities, Research Division
Vincent Colicchio - Barrington Research Associates, Inc., Research Division
Jacob Haggarty - Robert W. Baird & Co. Incorporated, Research Division
Presentation
Operator
Hello, everyone. Thank you for joining us, and welcome to the Concentrix Third Quarter 2026 Financial Results Conference Call. [Operator Instructions]
I will now hand the conference over to Elise Brassell, Corporate Communications and Investor Relations. Elise, please go ahead.
Elise Brassell
Vice President of Corporate Communications
Thank you, operator, and welcome, everyone, to Concentrix' Third Quarter 2026 Earnings Call. This call is the property of Concentrix and may not be recorded or rebroadcast without the written permission of Concentrix.
This call contains forward-looking statements that address our expected future performance and that, by their nature, address matters that are uncertain. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements as a result of new information or future expectations, events or developments. Please refer to today's earnings release and our most recent filings with the SEC for additional information regarding uncertainties that could affect our future financial results. This includes the risk factors provided in our annual report on our Form 10-K and in our other public filings with the SEC.
Also, during the call, we will discuss non-GAAP financial measures, including adjusted free cash flow, non-GAAP operating income, non-GAAP operating margin, adjusted EBITDA, adjusted EBITDA margin, non-GAAP net income, non-GAAP EPS and constant currency revenue growth. A reconciliation of these non-GAAP measures is available in the news release and on the company Investor
Concentrix: High Debt and Struggling MarginsConcentrix NASDAQ: CNXC said more than half of its revenue now comes from businesses generated over the past three years, underscoring the company’s shift toward artificial intelligence-enabled services, transformed client programs and newer offerings such as risk and compliance.
During its third-quarter 2026 earnings call, President and CEO Chris Caldwell said the company crossed the 50% threshold earlier than expected. The newer revenue streams include $3 billion from new and existing clients whose programs have been heavily transformed or influenced by AI, $1.3 billion of net revenue tied to the compression of traditional services through the company’s iX Suite AI platform, and $700 million from newer high-value services.
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Caldwell said those newer revenue sources are expected to grow about 30% year over year in fiscal 2026, carry higher profitability and have a revenue retention rate four times higher than the company’s traditional business. Concentrix expects new-business revenue to exceed $6 billion in 2027.
Third-Quarter Results and Margin Expansion For the third quarter, Concentrix reported revenue of approximately $2.45 billion, representing a 0.5% decline on a constant-currency basis. Chief Financial Officer Andre Valentine said the result was slightly below the lower end of the company’s June guidance range.
Revenue reflected an accelerated deployment of AI for clients, as well as client decisions to reduce support for certain customer groups, Valentine said. The company also continued to experience a headwind from changes in the mix of work moving offshore.
Profitability exceeded the company’s expectations. Non-GAAP operating income was $309 million, above the high end of prior guidance, while adjusted EBITDA totaled $363 million. Non-GAAP operating margin was 12.6%, and adjusted EBITDA margin was 14.8%, with both increasing 30 basis points from the prior-year quarter.
Non-GAAP diluted earnings per share were $2.92, up $0.14 from the third quarter of 2025 and above the guidance range provided in March and June.
The company’s GAAP results included a $1.05 billion non-cash goodwill impairment charge, which Valentine said was triggered by the stock’s trading range during the quarter.
Adjusted free cash flow was $218 million, the company’s highest third-quarter level since its 2020 spin-off. Concentrix returned approximately $23 million to shareholders through its quarterly dividend. The company did not repurchase shares during the quarter, citing its focus on reducing leverage. Total debt declined by $211 million, including repayment of $200 million in senior notes that matured in August. AI Deployments and Client Expansion Caldwell said Concentrix is actively disrupting its traditional services business to expand AI-enabled offerings. Net new-logo sales involving AI increased 63% sequentially, while three of the company’s four largest iX Suite wins during the quarter came from existing clients expanding their use cases.
The company brought 61 opportunities live on the iX Suite during the quarter, involving more than 30,000 advisors. Caldwell said those deployments contributed to third-quarter margin expansion and affected revenue growth in the traditional business as work became more automated.
Concentrix said its client relationships remain broadly stable. All of its five largest clients and more than 90% of its top 100 clients have expanded into new services or offerings since the beginning of fiscal 2023. The company cited a 98% retention rate across its overall client base, with average tenures of more than 16 years among its top 25 clients and 15 years among its top 50 clients.
On the company’s AI platform, Caldwell said Concentrix remains on pace to exit fiscal 2026 with approximately $120 million in annual recurring revenue from software licensing. He said the $1.3 billion of revenue running through the platform is growing faster than traditional revenue and carries a higher profit margin, though he added that achieving SaaS-like margins for iX Hero remains “a fair bit away.”
Fourth-Quarter Outlook and 2027 Factors For the fourth quarter, Concentrix forecast revenue of $2.41 billion to $2.46 billion. The outlook implies a constant-currency revenue decline of 3% to 5%, including an expected negative foreign-exchange impact of about 65 basis points.
For fiscal 2026, the company expects revenue of $9.827 billion to $9.877 billion. On a constant-currency basis, that would represent a full-year decline of 0.8% to 0.3%.
Concentrix expects fourth-quarter non-GAAP operating income of $310 million to $320 million, implying a midpoint operating margin of approximately 12.9%, up 20 basis points from the year-earlier period. Full-year non-GAAP operating income is projected at $1.206 billion to $1.216 billion, while full-year non-GAAP EPS is expected to range from $10.97 to $11.09.
Management said two hyperscale clients are accelerating decisions to stop support for certain customer sets, creating a larger-than-previously-expected impact in the fourth quarter and some effect in the first half of 2027. Caldwell characterized the exposure as limited to two clients and said both continue to work with Concentrix in other areas and services.
The company also expects faster-than-anticipated AI automation deployments to pressure near-term revenue as work is compressed. Caldwell said those deployments are expected to affect the fourth quarter and first quarter, while potential industry consolidation could support growth later in 2027. Management said it expects growth momentum to be more weighted toward the back half of next year, without providing formal 2027 guidance.
Debt Reduction and Cash Flow Plans Concentrix ended the quarter with approximately $256 million in cash and cash equivalents, total debt of approximately $4.375 billion and net debt of approximately $4.119 billion. Liquidity was nearly $1.5 billion, including an undrawn $1.1 billion revolving credit facility.
The company expects to repay more than $550 million of gross debt in fiscal 2026 and reduce net debt to approximately $3.8 billion by year-end. It also plans to repay $375 million of term-loan borrowings maturing in December 2026 with free cash flow and existing liquidity.
Management maintained its forecast for $630 million to $650 million in adjusted free cash flow for fiscal 2026. The outlook includes funding the planned fourth-quarter acquisition of CastleHill Managed Risk Solutions, which Concentrix said will strengthen its risk and compliance offering.
For fiscal 2027, Concentrix expects adjusted free cash flow to exceed 2026 levels, supported by lower restructuring costs, lower cash interest expense and reduced capital-expenditure requirements from newer revenue sources. The company expects that cash generation could support another reduction of more than $550 million in gross debt, bringing net debt below $3.3 billion, or roughly 2.2 times adjusted EBITDA, by the end of fiscal 2027.
Concentrix increased its dividend to $0.37 per share, payable in November.
About Concentrix (NASDAQ:CNXC)Concentrix Corporation is a global technology and services company that helps organizations manage customer experience, business operations and digital transformation. Its offerings include customer care, technical support, sales and marketing services, back-office support, analytics, artificial intelligence and automation solutions.
The company serves clients across industries such as technology and consumer electronics, retail, banking and financial services, healthcare, communications and media, travel, and automotive.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Concentrix Corporation (CNXC - Free Report) came out with quarterly earnings of $2.92 per share, beating the Zacks Consensus Estimate of $2.71 per share. This compares to earnings of $2.78 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.75%. A quarter ago, it was expected that this company would post earnings of $2.64 per share when it actually produced earnings of $2.63, delivering a surprise of -0.38%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Concentrix, which belongs to the Zacks Business - Services industry, posted revenues of $2.45 billion for the quarter ended August 2026, missing the Zacks Consensus Estimate by 0.98%. This compares to year-ago revenues of $2.48 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Concentrix shares have lost about 38.8% since the beginning of the year versus the S&P 500's gain of 12.2%.
What's Next for Concentrix?While Concentrix has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Concentrix was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.06 on $2.48 billion in revenues for the coming quarter and $10.99 on $9.93 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Business - Services is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Bright Horizons Family Solutions (BFAM - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026.
This child care and early education services provider is expected to post quarterly earnings of $1.75 per share in its upcoming report, which represents a year-over-year change of +11.5%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level.
Bright Horizons Family Solutions' revenues are expected to be $842.02 million, up 4.9% from the year-ago quarter.
Exceeded profitability guidance for the quarterGenerated record-high third quarter free cash flow from operations of $268M, and adjusted free cash flow of $218M Increased quarterly dividend
NEWARK, Calif., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal third quarter ended August 31, 2026.
Three Months Ended August 31, 2026 August 31, 2025 ChangeRevenue ($M)$2,453.7 $2,483.3 (1.2)%Operating income (loss) ($M) (1)$(910.3) $147.0 NMNon-GAAP operating income ($M) (2)$309.0 $305.1 1.3%Operating margin (1)(37.1)% 5.9% NMNon-GAAP operating margin (2) 12.6% 12.3% 30 bpsNet income (loss) ($M) (1)$(988.1) $88.1 NMNon-GAAP net income ($M) (2)$186.5 $183.2 1.8%Adjusted EBITDA ($M) (2)$363.0 $359.2 1.1%Adjusted EBITDA margin (2) 14.8% 14.5% 30 bpsDiluted earnings (loss) per common share (1)$(16.24) $1.34 NMNon-GAAP diluted earnings per common share (2)$2.92 $2.78 5.0% (1) Operating loss, operating margin, net loss and diluted loss per common share in the third quarter of 2026 include a non-cash goodwill impairment charge of $1,050.0 million primarily resulting from the trading range for the Company’s stock price and market capitalization.
(2) See non-GAAP reconciliations included in the accompanying financial tables for the reconciliation of each non-GAAP measure to its most directly comparable GAAP measure.
NM Not Meaningful - Change greater than 100% or 1,000 bps.
Third Quarter Fiscal 2026 Highlights:
Revenue of $2,453.7 million, a decrease of (1.2)% year-on-year on an as reported basis compared to revenue of $2,483.3 million in the prior year third quarter. The Company’s revenue decreased by (0.5)% year-on-year on a constant currency basis.Operating loss of $(910.3) million, or (37.1)% of revenue, compared to $147.0 million, or 5.9% of revenue, in the prior year third quarter. Operating loss for the quarter includes a non-cash goodwill impairment charge of $1,050.0 million primarily resulting from the recent trading range for the Company’s stock price and market capitalization.Non-GAAP operating income of $309.0 million, or 12.6% of revenue, compared with $305.1 million, or 12.3% of revenue in the prior year third quarter.Adjusted EBITDA of $363.0 million, or 14.8% of revenue, compared with $359.2 million, or 14.5% of revenue in the prior year third quarter.Cash flow provided by operations was $268.2 million in the quarter. Adjusted free cash flow(1) was $218.3 million in the quarter.Diluted earnings (loss) per common share (“EPS”) was $(16.24), inclusive of the goodwill impairment referenced above, compared to $1.34 in the prior year third quarter.Non-GAAP diluted EPS was $2.92 compared to $2.78 in the prior year third quarter.
“This quarter, we reached an inflection point where 50% of our revenue is coming from business we have won and deployed within the last 3 years since the introduction of AI,” said Chris Caldwell, President and CEO of Concentrix. “While we are aggressively disrupting our own traditional business, the underlying new business is stronger and healthier as evidenced by our margin expansion, strong free cash flow and growth of our new services."
Quarterly Dividend and Share Repurchase Program:
The Company paid a $0.36 per share quarterly dividend on August 4, 2026. The Company’s Board of Directors has declared a quarterly dividend of $0.37 per share payable on November 3, 2026, to shareholders of record at the close of business on October 23, 2026.The Company did not repurchase any shares under its share repurchase program during the third quarter of fiscal year 2026. At August 31, 2026, the Company’s remaining share repurchase authorization was $396.6 million. Business Outlook:
The following statements are based on the Company’s current expectations for the fourth quarter and the full year fiscal 2026. Non-GAAP financial measures exclude the impact of impairment charge, acquisition-related, integration and restructuring expenses, amortization of intangible assets, depreciation, loss on held for sale, share-based compensation and the related tax effects thereon. The non-GAAP EPS guidance assumes no impact from changes in acquisition contingent consideration and foreign currency losses (gains), net included in other expense (income), net. These statements are forward-looking and actual results may differ materially.
Fourth Quarter Fiscal 2026 Expectations:
Fourth quarter reported revenue of $2.410 billion to $2.460 billion. Based on current exchange rates, these expectations assume an approximate 65-basis point negative impact of foreign exchange rates compared with the prior year period. The guidance implies constant currency revenue decline for the quarter ranging from (5.0)% to (3.0)%.Operating income of $174 million to $184 million and non-GAAP operating income of $310 million to $320 million.Non-GAAP diluted EPS of $2.86 to $2.98, assuming approximately 61.2 million diluted common shares outstanding and approximately 4.9% of net income attributable to participating securities.The effective tax rate is expected to be approximately 24%. Full Year 2026 Expectations:
Full year reported revenue of $9.827 billion to $9.877 billion. Based on current exchange rates, these expectations assume an approximate 80-basis point positive impact of foreign exchange rates compared with the prior year. The guidance implies constant currency revenue decline for the full year of (0.8)% to (0.3)%.Operating loss of $(522) million to $(512) million and non-GAAP operating income of $1,206 million to $1,216 million.Non-GAAP diluted EPS of $10.97 to $11.09, assuming approximately 61.1 million diluted common shares outstanding and approximately 4.9% of net income attributable to participating securities.The effective tax rate is expected to be approximately 24%. In addition, the Company expects to generate approximately $630.0 million to $650.0 million of adjusted free cash flow in fiscal year 2026.
The Company believes that a quantitative reconciliation of the non-GAAP EPS outlook to the most directly comparable GAAP measure cannot be provided without unreasonable efforts due to the inability to forecast future foreign currency losses (gains), net included in other expense (income), net. For the same reason, the Company is unable to address the probable significance of the unavailable information, which may have a material impact on the Company’s GAAP results.
The Company believes that a quantitative reconciliation of the adjusted free cash flow outlook to the most directly comparable GAAP measure cannot be provided without unreasonable efforts due to uncertainty related to the future changes in the Company’s factoring program and related timing of those changes. For the same reason, the Company is unable to address the probable significance of the unavailable information, which may have a material impact on the Company’s GAAP results.
Conference Call and Webcast
The Company will host a conference call for investors to review its third quarter fiscal 2026 results today at 5:00 p.m. (ET)/2:00 p.m. (PT).
The live conference call webcast will be available in listen-only mode in the Investor Relations section of the Company’s website under “Events and Presentations” at https://ir.concentrix.com/events-and-presentations. A replay will also be available on the website following the conference call.
About Concentrix: Powering a World That Works
Concentrix Corporation (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world's best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2,000+ of the world’s most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle tested AI, we’re the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. To learn more, visit concentrix.com.
Use of Non-GAAP Information
In addition to disclosing financial results that are determined in accordance with GAAP, we also disclose certain non-GAAP financial information, including:
Constant currency revenue growth (decline), which is revenue growth (decline) adjusted for the translation effect of foreign currencies so that certain financial results can be viewed without the impact of fluctuations in foreign currency exchange rates, thereby facilitating period-to-period comparisons of our business performance. Constant currency revenue growth (decline) is calculated by translating the revenue of each fiscal year in the billing currency to U.S. dollars using the comparable prior year’s currency conversion rate in comparison to prior year’s revenue. Generally, when the U.S. dollar either strengthens or weakens against other currencies, revenue growth at constant currency rates or adjusting for currency will be higher or lower than revenue growth reported at actual exchange rates.Non-GAAP operating income, which is operating income (loss), adjusted to exclude impairment charge, acquisition-related, integration and restructuring expenses, step-up depreciation, amortization of intangible assets, loss on held for sale and share-based compensation.Non-GAAP operating margin, which is non-GAAP operating income, as defined above, divided by revenue.Adjusted earnings before interest, taxes, depreciation, and amortization, or adjusted EBITDA, which is non-GAAP operating income, as defined above, plus depreciation (exclusive of step-up depreciation).Adjusted EBITDA margin, which is adjusted EBITDA, as defined above, divided by revenue.Non-GAAP net income, which is net income (loss) excluding the tax-effected impact of impairment charge, acquisition-related, integration and restructuring expenses, step-up depreciation, amortization of intangible assets, loss on held for sale, share-based compensation, certain debt costs, imputed interest related to the Sellers’ Note, certain legal settlement costs, change in acquisition contingent consideration and foreign currency losses (gains), net. Non-GAAP net income also excludes the income tax effect of certain tax law changes.Free cash flow, which is cash flows from operating activities less capital expenditures, and adjusted free cash flow, which is free cash flow excluding the effect of changes in the outstanding factoring balance. We believe that free cash flow is a meaningful measure of cash flows since capital expenditures are a necessary component of ongoing operations. We believe that adjusted free cash flow is a meaningful measure of cash flows because it removes the effect of factoring, which changes the timing of the receipt of cash for certain receivables. However, free cash flow and adjusted free cash flow have limitations because they do not represent the residual cash flow available for discretionary expenditures. For example, free cash flow and adjusted free cash flow do not incorporate payments for business acquisitions.Non-GAAP diluted EPS, which is diluted EPS excluding the per share, tax-effected impact of impairment charge, acquisition-related, integration and restructuring expenses, step-up depreciation, amortization of intangible assets, loss on held for sale, share-based compensation, certain debt costs, imputed interest related to the Sellers’ Note, certain legal settlement costs, change in acquisition contingent consideration and foreign currency losses (gains), net. Non-GAAP EPS also excludes the per share income tax effect of certain tax law changes. Non-GAAP EPS also reflects a per share adjustment to exclude non-GAAP net income attributable to participating securities. We believe that providing this additional information is useful to the reader to better assess and understand our base operating performance, especially when comparing results with previous periods and for planning and forecasting in future periods, primarily because management typically monitors the business adjusted for these items in addition to GAAP results. Management also uses these non-GAAP measures to establish operational goals and, in some cases, for measuring performance for compensation purposes. These non-GAAP financial measures exclude amortization of intangible assets. Although intangible assets contribute to our revenue generation, the amortization of intangible assets does not directly relate to the services performed for our clients. Additionally, intangible asset amortization expense typically fluctuates based on the size and timing of our acquisition activity. Accordingly, we believe excluding the amortization of intangible assets, along with the other non-GAAP adjustments, which neither relate to the ordinary course of our business nor reflect our underlying business performance, enhances our and our investors’ ability to compare our past financial performance with our current performance and to analyze underlying business performance and trends. These non-GAAP financial measures also exclude share-based compensation expense. Given the subjective assumptions and the variety of award types that companies can use when calculating share-based compensation expense, management believes this additional information allows investors to make additional comparisons between our operating results and those of our peers. As these non-GAAP financial measures are not calculated in accordance with GAAP, they may not necessarily be comparable to similarly titled measures employed by other companies. These non-GAAP financial measures should not be considered in isolation or as a substitute for the comparable GAAP measures and should be used as a complement to, and in conjunction with, data presented in accordance with GAAP.
Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding the Company’s expected future financial condition, growth and profitability, results of operations, including revenue and operating income, cash flows, and effective tax rate, leverage and liquidity, capital expenditures and anticipated investment costs, the Company’s stock price and market capitalization, the future growth and success of, and demand for, the Company’s services and products, the potential benefits associated with use of the Company’s artificial intelligence (“AI”) solutions and other products, share repurchase and dividend activity, capital allocation, debt repayment and obligations, business strategy, product launches, foreign currency exchange rate fluctuations, and statements that include words such as believe, expect, intend, plan, may, will, anticipate, provide, could, should, target, estimate, outlook, and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things: risks related to general economic and geopolitical conditions and their effects on our clients’ businesses and demand for our services, including consumer demand, interest rates, inflation, the price of oil and other petroleum-based products, international tariffs and global trade policies, supply chains, and the conflicts in the Middle East and Ukraine; cyberattacks on the Company’s or its clients’ networks and information technology systems; uncertainty around, and disruption from, new and emerging technologies, including the adoption and utilization of AI, including agentic and generative AI; the failure of the Company’s staff and contractors to adhere to the Company’s and its clients’ controls and processes; the inability to protect personal and proprietary information; the effects of communicable diseases or other public health crises, natural disasters and adverse weather conditions; geopolitical, economic and climate- or weather-related risks in regions with a significant concentration of the Company’s operations; the ability to successfully execute the Company’s strategy; the timing and success of product launches; competitive conditions in the Company’s industry and consolidation of its competitors; variability in demand by the Company’s clients or the early termination of the Company’s client contracts; the level of business activity of the Company’s clients and the market acceptance and performance of their products and services; the demand for end-to-end solutions and technology; damage to the Company’s reputation through the actions or inactions of third parties; changes in law, regulations, or regulatory guidance, or changes in their interpretation or enforcement, including changes in law and policy that restrict offshoring or travel or visas between countries in which we have operations; the operability of the Company’s communication services and information technology systems and networks; the loss of key personnel or the inability to attract and retain staff across all geographies with the skills and expertise needed for the Company’s business; increases in the cost of labor, including minimum wage rates in the countries in which the Company operates; the inability to successfully identify, complete, and integrate strategic acquisitions or investments or realize anticipated benefits within the expected timeframe; higher than expected tax liabilities; currency exchange rate fluctuations; investigative or legal actions; and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2025 filed with the Securities and Exchange Commission (“SEC”) and subsequent documents filed with or furnished to the SEC. The Company does not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made, except as required by law.
Copyright 2026 Concentrix Corporation. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product, and services word and design marks and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries. Other names and marks are the property of their respective owners.
CONCENTRIX CORPORATION
CONSOLIDATED BALANCE SHEETS
(currency and share amounts in thousands, except par value)
August 31, 2026 November 30, 2025 (unaudited) ASSETS Current assets: Cash and cash equivalents$244,692 $327,347 Accounts receivable, net 1,969,848 1,999,021 Assets held for sale 212,959 — Other current assets 489,238 758,135 Total current assets 2,916,737 3,084,503 Property and equipment, net 698,116 735,550 Operating lease right-of-use assets, net 864,749 857,025 Goodwill 2,636,667 3,671,746 Intangible assets, net 1,651,400 1,960,338 Deferred tax assets 346,058 317,453 Other assets 147,042 134,471 Total assets$9,260,769 $10,761,086 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable$221,495 $244,771 Current portion of long-term debt 450,000 65,625 Accrued compensation and benefits 680,040 764,962 Other accrued liabilities 763,409 997,198 Income taxes payable 73,221 123,794 Liabilities held for sale 182,149 — Total current liabilities 2,370,314 2,196,350 Long-term debt, net 3,925,373 4,572,889 Other long-term liabilities 949,867 950,983 Deferred tax liabilities 246,476 296,519 Total liabilities 7,492,030 8,016,741 Stockholders’ equity: Preferred stock, $0.0001 par value, 10,000 shares authorized and no shares issued and outstanding as of August 31, 2026 and November 30, 2025, respectively — — Common stock, $0.0001 par value, 250,000 shares authorized; 70,679 and 70,316 shares issued as of August 31, 2026 and November 30, 2025, respectively, and 60,948 and 61,739 shares outstanding as of August 31, 2026 and November 30, 2025, respectively 7 7 Additional paid-in capital 3,859,842 3,783,972 Treasury stock, 9,731 and 8,577 shares as of August 31, 2026 and November 30, 2025, respectively (657,424) (610,162)Retained deficit (1,157,782) (177,010)Accumulated other comprehensive loss (275,904) (252,462)Total stockholders’ equity 1,768,739 2,744,345 Total liabilities and stockholders’ equity$9,260,769 $10,761,086 CONCENTRIX CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(currency and share amounts in thousands, except per share amounts)
(unaudited)
Three Months Ended Nine Months Ended August 31,
2026 August 31,
2025 %
Change August 31,
2026 August 31,
2025 %
ChangeRevenue Technology and consumer electronics$603,512 $670,573 (10)% $1,862,845 $1,990,984 (6)%Retail, travel and e-commerce 662,612 622,822 6% 1,952,770 1,790,502 9%Communications and media 381,905 411,229 (7)% 1,168,176 1,175,192 (1)%Banking, financial services and insurance 432,463 384,449 12% 1,286,456 1,133,657 13%Healthcare 145,173 174,106 (17)% 475,872 540,297 (12)%Other 228,014 220,074 4% 670,424 642,214 4%Total revenue$2,453,679 $2,483,253 (1)% $7,416,543 $7,272,846 2%Cost of revenue 1,604,800 1,628,246 (1)% 4,894,658 4,713,792 4%Gross profit 848,879 855,007 (1)% 2,521,885 2,559,054 (1)%Selling, general and administrative expenses 709,184 708,023 —% 2,168,210 2,094,858 4%Impairment charge 1,050,000 — NM 1,050,000 — NMOperating income (loss) (910,305) 146,984 NM (696,325) 464,196 NMInterest expense and finance charges, net 64,856 72,014 (10)% 208,247 220,414 (6)%Other expense (income), net 4,603 (36,474) NM (23,014) (20,175) 14%Income (loss) before income taxes (979,764) 111,444 NM (881,558) 263,957 NMProvision for income taxes 8,349 23,334 (64)% 29,690 63,497 (53)%Net income (loss)$(988,113) $88,110 NM $(911,248) $200,460 NM Earnings (loss) per common share: Basic$(16.24) $1.34 $(14.99) $3.01 Diluted$(16.24) $1.34 $(14.99) $3.01 Weighted-average common shares outstanding: Basic 60,910 62,598 61,011 63,325 Diluted 60,910 62,702 61,011 63,379 NM Not Meaningful - Change greater than 100%.
CONCENTRIX CORPORATION
RECONCILIATION OF GAAP TO NON-GAAP MEASURES
(currency and share amounts in thousands, except per share amounts)
(unaudited)
Three Months Ended Nine Months Ended August 31, 2026 August 31, 2026Revenue$2,453,679 $7,416,543 Revenue growth (decline), as reported under U.S. GAAP(1.2)% 2.0%Foreign exchange impact 0.7% (1.3)%Constant currency revenue growth (decline)(0.5)% 0.7% Three Months Ended
Nine Months Ended
August 31, 2026 August 31, 2025
August 31, 2026 August 31, 2025
Operating income (loss)$(910,305) $146,984 $(696,325) $464,196 Impairment charge 1,050,000 — 1,050,000 — Acquisition-related, integration and restructuring expenses (1) 42,493 18,619 142,867 53,451 Step-up depreciation 2,626 2,704 8,082 7,616 Amortization of intangibles 100,908 111,779 306,421 326,556 Loss on held for sale 1,528 — 8,420 — Share-based compensation 21,757 25,042 76,579 78,504 Non-GAAP operating income$309,007 $305,128 $896,044 $930,323 Three Months Ended Nine Months Ended August 31, 2026 August 31, 2025 August 31, 2026 August 31, 2025Net income (loss)$(988,113) $88,110 $(911,248) $200,460 Interest expense and finance charges, net 64,856 72,014 208,247 220,414 Provision for income taxes 8,349 23,334 29,690 63,497 Other expense (income), net 4,603 (36,474) (23,014) (20,175)Impairment charge 1,050,000 — 1,050,000 — Acquisition-related, integration and restructuring expenses (1) 42,493 18,619 142,867 53,451 Step-up depreciation 2,626 2,704 8,082 7,616 Amortization of intangibles 100,908 111,779 306,421 326,556 Loss on held for sale 1,528 — 8,420 — Share-based compensation 21,757 25,042 76,579 78,504 Depreciation (exclusive of step-up depreciation) 53,947 54,074 162,466 160,410 Adjusted EBITDA$362,954 $359,202 $1,058,510 $1,090,733 Three Months Ended Nine Months Ended August 31, 2026 August 31, 2025 August 31, 2026 August 31, 2025Operating margin(37.1)% 5.9% (9.4)% 6.4%Non-GAAP operating margin12.6% 12.3% 12.1% 12.8%Adjusted EBITDA margin14.8% 14.5% 14.3% 15.0% Three Months Ended Nine Months Ended August 31, 2026 August 31, 2025 August 31, 2026 August 31, 2025Net income (loss)$(988,113) $88,110 $(911,248) $200,460 Impairment charge 1,050,000 — 1,050,000 — Acquisition-related, integration and restructuring expenses (1) 42,493 18,619 142,867 53,451 Step-up depreciation 2,626 2,704 8,082 7,616 Debt costs (2) — — 6,268 1,102 Imputed interest related to Sellers’ Note included in interest expense and finance charges, net — 4,739 — 13,428 Legal settlement costs (3) — — — 2,000 Change in acquisition contingent consideration included in other expense (income), net 2,125 (2,417) 1,180 4,250 Foreign currency losses (gains), net (4) (889) (35,531) (33,548) (28,921)Amortization of intangibles 100,908 111,779 306,421 326,556 Loss on held for sale 1,528 — 8,420 — Share-based compensation 21,757 25,042 76,579 78,504 Income taxes related to the above (5) (40,628) (30,535) (126,490) (112,458)Income tax effect of change in tax law (5,298) 721 (5,298) 4,990 Non-GAAP net income$186,509 $183,231 $523,233 $550,978 Three Months Ended Nine Months Ended August 31, 2026 August 31, 2025 August 31, 2026 August 31, 2025Net income (loss)$(988,113) $88,110 $(911,248) $200,460 Less: net income allocated to participating securities (6) (1,116) (4,214) (3,461) (9,709)Net income (loss) attributable to common stockholders$(989,229) $83,896 $(914,709) $190,751 Three Months Ended Nine Months Ended August 31, 2026 August 31, 2025 August 31, 2026 August 31, 2025Non-GAAP net income$186,509 $183,231 $523,233 $550,978 Less: Non-GAAP net income allocated to participating securities (7) (8,929) (8,763) (25,651) (26,685)Non-GAAP income attributable to common stockholders$177,580 $174,468 $497,582 $524,293 Three Months Ended Nine Months Ended August 31, 2026 August 31, 2025 August 31, 2026 August 31, 2025Diluted earnings (loss) per common share (“EPS”) (6)$(16.24) $1.34 $(14.99) $3.01 Impairment charge 17.24 — 17.21 — Acquisition-related, integration and restructuring expenses 0.70 0.30 2.34 0.84 Step-up depreciation 0.04 0.04 0.13 0.12 Debt costs (2) — — 0.10 0.02 Imputed interest related to Sellers’ Note included in interest expense and finance charges, net — 0.08 — 0.21 Legal settlement costs (3) — — — 0.03 Change in acquisition contingent consideration included in other expense (income), net 0.03 (0.04) 0.02 0.07 Foreign currency losses (gains), net (4) (0.01) (0.57) (0.55) (0.46)Amortization of intangibles 1.66 1.78 5.02 5.15 Loss on held for sale 0.03 — 0.14 — Share-based compensation 0.36 0.40 1.26 1.24 Income taxes related to the above (5) (0.67) (0.49) (2.07) (1.77)Income tax effect of change in tax law (0.09) 0.01 (0.09) 0.08 Adjustment for participating securities (7) (0.13) (0.07) (0.36) (0.27)Non-GAAP Diluted EPS (7)$2.92 $2.78 $8.16 $8.27 Weighted-average number of common shares - diluted 60,910 62,702 61,011 63,379 Three Months Ended Nine Months Ended August 31, 2026 August 31, 2025 August 31, 2026 August 31, 2025Net cash provided by operating activities$268,206 $224,803 $442,878 $462,747 Purchases of property and equipment (46,978) (65,054) (149,054) (171,464)Free cash flow 221,228 159,749 293,824 291,283 Change in outstanding factoring balances (2,911) 19,056 22,205 47,992 Adjusted free cash flow$218,317 $178,805 $316,029 $339,275 Forecast Three Months Ending
November 30, 2026 Fiscal Year Ending
November 30, 2026 Low High Low HighRevenue$2,410,000 $2,460,000 $9,826,543 $9,876,543 Revenue growth (decline), as reported under U.S. GAAP(5.65)% (3.65)% —% 0.50%Foreign exchange impact 0.65% 0.65% (0.80)% (0.80)%Constant currency revenue decline(5.00)% (3.00)% (0.80)% (0.30)% Forecast Three Months Ending
November 30, 2026
Fiscal Year Ending
November 30, 2026 Low
High
Low HighOperating income (loss)$174,400 $184,400 $(521,925) $(511,925)Impairment charge — — 1,050,000 1,050,000 Amortization of intangibles 85,000 85,000 391,421 391,421 Share-based compensation 19,700 19,700 96,279 96,279 Acquisition-related, integration and restructuring expenses 30,000 30,000 172,867 172,867 Step-up depreciation 900 900 8,982 8,982 Loss on held for sale — — 8,420 8,420 Non-GAAP operating income$310,000 $320,000 $1,206,044 $1,216,044 (1) For the three and nine months ended August 31, 2026, acquisition-related, integration and restructuring expenses primarily included restructuring costs associated with our recent cost reduction initiatives, including severance and employee-related costs. Restructuring expenses also included costs associated with facilities consolidation, including lease terminations. For the three and nine months ended August 31, 2025, acquisition-related, integration and restructuring costs primarily included integration costs associated with our combination with Webhelp and restructuring expenses. These costs primarily included severance and employee-related costs, costs associated with facilities consolidation, including lease terminations to integrate the businesses, and information technology system consolidation costs.
(2) For the nine months ended August 31, 2026, debt costs included debt extinguishment costs associated with our early redemption of $600 million of our senior notes due in August 2026. For the nine months ended August 31, 2025, debt costs included debt extinguishment costs associated with our restated credit agreement and our voluntary prepayment of a portion of our outstanding term loans.
(3) For the nine months ended August 31, 2025, legal settlement costs consist of amounts incurred to settle certain litigation arising outside of the ordinary course of business.
(4) Foreign currency losses (gains), net are included in other expense (income), net and primarily consist of gains and losses recognized on the revaluation and settlement of foreign currency transactions and realized and unrealized gains and losses on derivative contracts that do not qualify for hedge accounting.
(5) The tax effect of taxable and deductible non-GAAP adjustments was calculated using the tax-deductible portion of the expenses and applying the entity-specific, statutory tax rates applicable to each item during the respective periods presented.
(6) Diluted EPS is calculated using the two-class method, which is an earnings allocation proportional to the respective ownership among holders of common stock and participating securities. Restricted stock awards and certain restricted stock units granted to employees are considered participating securities. For the purposes of calculating diluted EPS for the three and nine months ended August 31, 2026, participating securities did not participate in net losses prior to dividends. For the purposes of calculating diluted EPS for the three and nine months ended August 31, 2025, net income attributable to participating securities was approximately 4.8%.
(7) For the purposes of calculating non-GAAP net income attributable to common shareholders and non-GAAP diluted EPS, non-GAAP net income attributable to participating securities was approximately 4.8% and 4.8% of non-GAAP net income, respectively, for the three months ended August 31, 2026 and 2025, and 4.9% and 4.8% of non-GAAP net income, respectively, for the nine months ended August 31, 2026 and 2025, and was excluded from non-GAAP net income attributable to common shareholders to calculate non-GAAP diluted EPS.
Concentrix Corporation (NASDAQ:CNXC) will release its third-quarter earnings report after the closing bell on Tuesday, Sept. 29.
Analysts expect the company to report quarterly earnings of $2.81 per share, up from $2.78 per share in the year-ago period. The consensus estimate for CNXC’s quarterly revenue is $2.48 billion. It reported $2.48 billion last year, according to Benzinga Pro.
On Sept. 8, Concentrix announced its acquisition of CastleHill Managed Risk Solutions.
With the recent buzz around Concentrix, some investors may be eyeing potential gains from the company’s dividends too. As of now, Concentrix has an annual dividend yield of 5.32%, which is a quarterly dividend amount of 36 cents per share ($1.44 a year).
So, how can investors leverage its dividend yield to pocket a regular $500 per month?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $112,842 or around 4,167 shares. For a more modest $100 per month or $1,200 per year, you would need $22,558 or around 833 shares.
To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($1.44 in this case). So, $6,000 / $1.8448 = 4,167 ($500 per month), and $1,200 / $1.44 = 833 shares ($100 per month).
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.
For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).
Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.
CNXC Price Action: Shares of Concentrix fell 7.9% to close at $27.08 on Friday.
Bank of America Corp DE bought a new stake in shares of Concentrix Corporation (NASDAQ:CNXC – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 814,446 shares of the company’s stock, valued at approximately $18,248,000. Bank of America Corp DE owned 1.33% of Concentrix as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of CNXC. BlackRock Inc. acquired a new stake in shares of Concentrix in the 2nd quarter valued at $149,639,000. Dimensional Fund Advisors LP raised its position in Concentrix by 18.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,951,378 shares of the company’s stock worth $80,746,000 after purchasing an additional 460,108 shares during the last quarter. Pzena Investment Management LLC raised its position in Concentrix by 0.5% during the 1st quarter. Pzena Investment Management LLC now owns 2,943,212 shares of the company’s stock worth $80,526,000 after purchasing an additional 16,016 shares during the last quarter. Groupe Bruxelles Lambert acquired a new position in Concentrix during the 2nd quarter worth about $68,000,000. Finally, Kopernik Global Investors LLC bought a new stake in shares of Concentrix in the 1st quarter valued at about $44,523,000. 90.34% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets CNXC has been the topic of several analyst reports. Zacks Research upgraded Concentrix from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. Robert W. Baird dropped their price target on shares of Concentrix from $40.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Concentrix in a research note on Friday, July 24th. Bank of America dropped their price objective on Concentrix from $32.00 to $26.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 30th. Finally, Barrington Research decreased their target price on Concentrix from $38.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $32.75.
Read Our Latest Research Report on Concentrix Concentrix Stock Performance Shares of Concentrix stock opened at $29.39 on Friday. The business has a 50-day simple moving average of $26.92 and a 200 day simple moving average of $26.68. Concentrix Corporation has a one year low of $19.12 and a one year high of $55.52. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.18 and a quick ratio of 1.18. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of -1.38, a PEG ratio of 0.56 and a beta of 0.47.
Concentrix (NASDAQ:CNXC – Get Free Report) last announced its quarterly earnings results on Monday, June 29th. The company reported $2.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.64 by ($0.01). Concentrix had a positive return on equity of 19.82% and a negative net margin of 13.16%.The firm had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the previous year, the company posted $2.70 EPS. The firm’s revenue was up 1.9% on a year-over-year basis. Concentrix has set its FY 2026 guidance at 10.830-11.180 EPS and its Q3 2026 guidance at 2.650-2.770 EPS. On average, research analysts anticipate that Concentrix Corporation will post 9.67 earnings per share for the current fiscal year.
Concentrix Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 4th. Shareholders of record on Friday, July 24th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Friday, July 24th. Concentrix’s payout ratio is -6.75%.
About Concentrix (Free Report)
Concentrix Corporation is a global technology and services company that helps organizations manage customer experience, business operations and digital transformation. Its offerings include customer care, technical support, sales and marketing services, back-office support, analytics, artificial intelligence and automation solutions.
The company serves clients across industries such as technology and consumer electronics, retail, banking and financial services, healthcare, communications and media, travel, and automotive.
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The market expects Concentrix Corporation (CNXC - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended August 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 29. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis company is expected to post quarterly earnings of $2.71 per share in its upcoming report, which represents a year-over-year change of -2.5%.
Revenues are expected to be $2.48 billion, down 0.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Concentrix?For Concentrix, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Concentrix will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Concentrix would post earnings of $2.64 per share when it actually produced earnings of $2.63, delivering a surprise of -0.38%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Concentrix doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
NEWARK, Calif., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced findings of an independent market study, conducted by industry analyst firm, Everest Group.
NEWARK, Calif., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced that Everest Group has positioned the company as a Leader in its Customer Experience Management (CXM) Services PEAK Matrix® 2026, placing it highest on the vision axis across all regions. Of 63 CXM service providers assessed, Concentrix was one of only two to achieve a Leader ranking in all three regions: Americas, APAC, and EMEA.
This accomplishment reflects the company's ability to design, build, and run integrated technology and people operations inside the world's most complex enterprises; turning ambition into operational reality. Concentrix clients highlighted the company's relationship management, innovation and analytics capabilities, responsiveness, proactive support, domain expertise, commercial flexibility, and operational delivery as key strengths.
Everest Group awarded Concentrix the highest possible scores in its EMEA report across the critical categories of portfolio mix, vision and strategy, and scope of services. In both the Americas and APAC, Concentrix retained and strengthened its position on the vision and capability axis, despite increased competition in both markets.
The results of the Everest Group report and Concentrix client outcomes demonstrate that the company's proprietary iX Suite, including its autonomous capabilities, Agentic Operating Framework (AOF), and Forward Deployed Engineering (FDE), are delivering measurable results and enabling clients to bring together people, technology, and operations into a single, coherent model.
Concentrix helps clients achieve measurable business outcomes, and recently delivered a 53% increase in sales conversion rates through Gen AI-powered advisor assistance, a 56% increase in revenue per chat through AI-driven sales training, and a 20X increase in monthly revenue through a transformed customer success operating model.
"Enterprises need technology that works at scale, inside their real-world operations," said Chris Caldwell, President and CEO of Concentrix. "We bring together the people, technology, and intelligence, orchestrating human expertise and AI, to create experiences and outcomes that matter. Clients trust us with their customers, and that trust is what makes the difference between a strategy on paper and one that delivers. We're proud that Everest Group continues to recognize both our vision and our proven ability to execute it."
Everest Group’s Customer Experience Management (CXM) Services PEAK Matrix® 2026 report reflects a central challenge facing every enterprise today: incorporating new technology into business and operations requires operating model redesign. Everest Group identified the combination of consulting-led transformation, proven production-ready technology, and outcome accountability as the critical factors that accelerate value realization for buyers and found that growth in CXM is no longer driven by contact volumes, but by complexity, technology, and outcomes.
The recognition marks the eleventh consecutive time Concentrix has earned Leader positioning on the annual Everest Group CXM PEAK Matrix®. This year's report evaluated providers across operational services, value-added services, CX consulting and process optimization, and technology, reflecting the full scope of what enterprise clients need as they operationalize AI at scale.
For more information on Concentrix' CXM services, visit www.concentrix.com.
About us: Powering a World That Works
Concentrix (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world’s best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2000+ of the world’s most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle tested AI, we’re the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. Visit concentrix.com to learn more.
Media Contact:
Marketing & Communications
Concentrix Corporation [email protected]
Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding the company’s capabilities and positioning to deliver business outcomes and solve challenges for its clients, and statements that include words such as believe, expect, may, will, provide, could and should and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, risks related to the company’s ability to successfully execute its strategy, competitive conditions in the company’s industry, and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2025 filed with the Securities and Exchange Commission and subsequent SEC filings. We do not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made.
Copyright 2026 Concentrix Corporation and its subsidiaries. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries.
NEWARK, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced it will release the financial results of its fiscal third quarter 2026 after market close on Tuesday, September 29, 2026. The Company will also host a conference call and webcast with the investment community to discuss the financial results on Tuesday, September 29, 2026, at 5:00 p.m. Eastern Time.
The live and replay conference call webcast will be available in listen-only mode under Events and Presentations on the Investor Relations section of the Concentrix website, along with other investor resources including an updated company presentation.
About Concentrix: Powering a World That Works
Concentrix (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world's best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2000+ of the world’s most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle tested AI, we’re the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. To learn more, visit concentrix.com.
Copyright 2026 Concentrix Corporation and its subsidiaries. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries.
NEWARK, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced its acquisition of CastleHill Managed Risk Solutions, a leading provider of Governance, Risk and Compliance (GRC), Third-Party Risk Management (TPRM), and AI governance solutions. The acquisition expands Concentrix’ ability to help organizations design, govern, and operate risk and compliance programs across the enterprise from a single partner.
CastleHill’s differentiated GRC-as-a-Service model brings together people, process, and technology to make governance and risk programs work in the messiness of real-world operations. Concentrix already helps organizations manage Financial Crime Operations, Cybersecurity Solutions, regulatory compliance, and other complex risk operations. CastleHill deepens and expands these capabilities.
Organizations are facing growing pressure from regulatory, cyber, third-party, data and compliance risks, with AI adding a new layer of complexity as it scales across the enterprise. CastleHill helps clients identify, govern, and manage these risks while building more resilient operations. The company brings a diverse portfolio of leading Banking, Financial Services, Manufacturing, and other regulated clients that complement Concentrix’ existing relationships. These capabilities are further strengthened by deep operational expertise and strategic partnerships with leading technology providers, including Archer, ProcessUnity, and OneTrust.
“Our clients recognize that AI-related risk across their enterprises is accelerating, and they need a partner with the deep domain expertise to design, implement, and operate these programs at scale,” said Chris Caldwell, President and CEO of Concentrix. “That’s exactly where we’re investing. Risk and Compliance is one of our fastest-growing specialized business lines, and CastleHill gives us even greater depth and scale to help clients navigate this rapidly evolving risk landscape.”
"Organizations need practical ways to manage risk while continuing to innovate,” said Tim Carbery and Michael Duggan, Co-Founders of CastleHill. "For years, we've helped clients navigate regulatory complexity, build and operationalize sustainable risk and compliance programs, and maximize the value of their GRC investments. Joining Concentrix combines that expertise with global scale, expanded capabilities, and operational excellence, helping our clients unlock even greater strategic value. We are excited about the opportunities ahead for our clients, our incredible team, and the business."
The acquisition deepens Concentrix' investment in Banking and Financial Services, bringing additional domain expertise, client relationships and expanding its ability to help clients manage the intersection of regulation, operational resilience, cybersecurity, AI, and risk. Together, Concentrix and CastleHill will help organizations simplify complexity and build more resilient, trusted businesses for this new reality.
Terms of the transaction were not disclosed.
For more information, please visit https://www.concentrix.com/services-solutions/risk-compliance/
About Concentrix: Powering a World That Works
Concentrix (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world's best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2000+ of the world’s most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle tested AI, we’re the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. To learn more, visit concentrix.com.
Media Contact:
Marketing & Communications
Concentrix Corporation [email protected]
Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding the company’s capabilities and positioning to deliver business outcomes and solve challenges for its clients, and statements that include words such as believe, expect, may, will, provide, could and should and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, risks related to the company’s ability to successfully execute its strategy, competitive conditions in the company’s industry, and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2025 filed with the Securities and Exchange Commission and subsequent SEC filings. We do not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made.
Copyright 2026 Concentrix Corporation and its subsidiaries. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries.
Bank of America Corp DE lifted its position in shares of Concentrix Corporation (NASDAQ:CNXC – Free Report) by 146.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 697,191 shares of the company’s stock after acquiring an additional 413,913 shares during the quarter. Bank of America Corp DE owned approximately 1.14% of Concentrix worth $19,075,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of CNXC. Hussman Strategic Advisors Inc. raised its stake in Concentrix by 100.0% during the fourth quarter. Hussman Strategic Advisors Inc. now owns 84,000 shares of the company’s stock worth $3,493,000 after buying an additional 42,000 shares during the last quarter. Pzena Investment Management LLC boosted its position in Concentrix by 32.3% during the fourth quarter. Pzena Investment Management LLC now owns 2,927,196 shares of the company’s stock valued at $121,713,000 after acquiring an additional 714,604 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new stake in Concentrix during the 4th quarter worth about $19,385,000. LSV Asset Management grew its holdings in Concentrix by 40.2% during the 4th quarter. LSV Asset Management now owns 257,251 shares of the company’s stock worth $10,696,000 after acquiring an additional 73,700 shares during the period. Finally, Kopernik Global Investors LLC bought a new position in shares of Concentrix in the 1st quarter worth about $44,523,000. Institutional investors and hedge funds own 90.34% of the company’s stock.
Analysts Set New Price Targets A number of equities research analysts have commented on the company. Barrington Research reduced their price objective on Concentrix from $38.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Concentrix in a report on Friday, July 24th. Robert W. Baird decreased their price target on shares of Concentrix from $40.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Bank of America dropped their price objective on shares of Concentrix from $32.00 to $26.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 30th. Finally, Zacks Research cut shares of Concentrix from a “hold” rating to a “strong sell” rating in a report on Thursday, July 2nd. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Concentrix presently has a consensus rating of “Hold” and a consensus price target of $32.75.
Get Our Latest Analysis on Concentrix Concentrix Stock Up 8.7% Shares of NASDAQ:CNXC opened at $25.72 on Thursday. The company has a market cap of $1.57 billion, a price-to-earnings ratio of -1.21, a PEG ratio of 0.43 and a beta of 0.45. Concentrix Corporation has a one year low of $19.12 and a one year high of $57.88. The firm has a fifty day moving average price of $24.46 and a two-hundred day moving average price of $27.63. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.18 and a quick ratio of 1.18.
Concentrix (NASDAQ:CNXC – Get Free Report) last posted its quarterly earnings data on Monday, June 29th. The company reported $2.63 earnings per share for the quarter, missing the consensus estimate of $2.64 by ($0.01). The company had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.47 billion. Concentrix had a negative net margin of 13.16% and a positive return on equity of 19.82%. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.70 EPS. Concentrix has set its FY 2026 guidance at 10.830-11.180 EPS and its Q3 2026 guidance at 2.650-2.770 EPS. Analysts anticipate that Concentrix Corporation will post 9.67 EPS for the current fiscal year.
Concentrix Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, August 4th. Investors of record on Friday, July 24th were issued a $0.36 dividend. The ex-dividend date was Friday, July 24th. This represents a $1.44 annualized dividend and a yield of 5.6%. Concentrix’s payout ratio is -6.75%.
Concentrix Profile (Free Report)
Concentrix Inc (NASDAQ: CNXC) is a global business services company specializing in customer engagement solutions and technology‐driven business process outsourcing. The firm’s offerings encompass customer care delivered across voice and digital channels, back‐office processing, analytics and consulting, and automated workflow management. By integrating proprietary platforms, strategic partnerships and advanced automation, Concentrix helps clients enhance customer experiences and streamline operations.
Its capabilities extend to digital marketing and technology implementation, leveraging artificial intelligence, machine learning and data analytics to optimize customer journeys.
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Concentrix: High Debt and Struggling MarginsConcentrix NASDAQ: CNXC said its investments in artificial intelligence are reshaping its customer-experience business, with management emphasizing higher-margin technology and services revenue even as near-term sales growth faces pressure from accelerated offshoring and selected client spending changes.
Speaking at a Canaccord event, Chief Executive Officer Chris Caldwell described Concentrix as a global customer-experience provider operating in about 75 countries with revenue of just under $10 billion. He said the company’s work extends beyond call centers and includes designing customer-experience systems, implementing the technology behind them, and providing the associated services.
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Caldwell said the company has long-standing client relationships, with its top 25 customers averaging roughly 18 years of tenure. He also highlighted geographic diversification, saying approximately one-third of revenue comes from North America-based clients, one-third from Europe-based clients, and one-third from Asia-Pacific-based clients. Its top 10 clients account for less than 20% of revenue, he said.
AI bookings rise as company prioritizes margin expansion While Caldwell characterized recent revenue growth as “relatively anemic,” he said Concentrix is making progress in deploying its Intelligent Experience, or IX, offerings. AI solution contract bookings increased 400% year over year in the company’s second quarter, according to Caldwell.
The IX suite includes fully autonomous tools that can handle customer interactions such as calls and chats, as well as AI tools designed to augment employees and improve productivity. Caldwell said the company is seeing its strongest momentum in the human-augmentation category, where customers can see operational savings and process improvements from technology deployments.
Concentrix expects IX annual recurring revenue to reach about $120 million by the end of the year, up from nearly nothing a little more than a year ago, Caldwell said. The suite currently influences roughly $1.4 billion to $1.5 billion of company revenue.
Management said AI deployments can initially reduce revenue as automation takes effect. Caldwell said revenue commonly declines during the first one or two months of a deployment, bottoms around months six or seven, and then begins growing. After a year, clients using the platform have generally grown faster than Concentrix’s corporate average and faster than before the technology was implemented, he said.
Caldwell also said that after a year of deployment, non-GAAP operating income has increased by about 350 basis points for affected clients. He attributed that improvement to greater operating efficiency, improved pricing and additional volume, as well as software revenue generated through SaaS-style charges.
Offshoring pressure accelerates Management said accelerated offshoring has become a larger revenue headwind than initially anticipated. The company entered the year expecting a 200-basis-point headwind but now expects about 300 basis points, Caldwell said.
About 15% of Concentrix’s business can potentially be delivered from a lower-cost location than where it is currently performed, he said. The company expects that figure to decline to around 11% by year-end as work transitions offshore.
Caldwell said the trend is being driven by clients seeking cost savings after not receiving as much value as expected from certain AI investments. Though offshoring reduces revenue dollars, he said gross-margin dollars remain comparable and the transition becomes more accretive after implementation, which typically takes three to four quarters.
He expects offshoring to remain a recurring industry headwind, though at a more normal annual level of roughly 150 to 200 basis points after the current acceleration. Some work is likely to remain onshore because of brand, customer-service or “white glove” requirements, he said.
Separately, Caldwell said some large clients have pulled back support for certain small-business customer segments, particularly in higher-cost European and Asia-Pacific markets, while directing more investment toward enterprise customers. He characterized that development as narrow and specific to a limited customer set rather than a broader trend across Concentrix’s client base.
Deployment capacity and human interaction remain important Caldwell said deployment capacity is currently constraining the pace at which Concentrix can roll out IX technology. The company is seeking technical talent and forward-deployed engineers, while also working to shorten implementation cycles through more self-service capabilities and improved onboarding tools.
He said autonomous AI has expanded the types of tasks that can be automated, including collections in some countries and application-related processes. However, management believes human interactions will remain important in higher-stakes customer moments, such as healthcare questions or resolving a problem with a brand.
Caldwell also said increased automation does not necessarily reduce customer-contact volumes. Faster, easier access to service can lead consumers to contact brands more frequently, he said, while clients seek to use those interactions to improve sales, loyalty, customer service and overall delivery costs.
Cash flow targeted for debt reduction Chief Financial Officer Andre Valentine said Concentrix expects margin improvement to continue through the second half of the year, supported by IX adoption, offshoring, and restructuring actions that use AI in back-office and general-and-administrative functions.
Valentine said the company expects free cash flow of $630 million to $650 million this year. Management plans to use the majority of that cash flow, after dividends, to reduce debt. The company is targeting leverage below 2.6 times this year and around 2.2 times by the end of fiscal 2027.
Share repurchases remain paused while debt is reduced, although Valentine said buybacks could return if management continues to view the shares as undervalued. He added that Concentrix would also consider accretive acquisitions that fit its long-term strategy.
About Concentrix (NASDAQ:CNXC)Concentrix Inc NASDAQ: CNXC is a global business services company specializing in customer engagement solutions and technology‐driven business process outsourcing. The firm’s offerings encompass customer care delivered across voice and digital channels, back‐office processing, analytics and consulting, and automated workflow management. By integrating proprietary platforms, strategic partnerships and advanced automation, Concentrix helps clients enhance customer experiences and streamline operations.
Its capabilities extend to digital marketing and technology implementation, leveraging artificial intelligence, machine learning and data analytics to optimize customer journeys.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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NEWARK, Calif., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC ), a global technology and services leader, announced today that its iX Suite earned multiple honors in the 2026 Globee Awards for Technology, including two “Best of Category” recognitions.
NEWARK, Calif., Aug. 03, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, announced today it will offer new insights into what it takes to make AI work in business during Ai4 2026, taking place August 4-6 at The Venetian in Las Vegas.
As enterprises move past basic use cases into operational reality, making AI effective takes more than choosing the right model. Success also depends on clean, reliable data, re-invented processes built to hold up under demanding operating conditions, security as a foundational element, and people with the skills to turn promising ideas into measurable results.
Based on Concentrix’ more than 20 years orchestrating people and technology to produce better business outcomes, Kathryn Harrison will join industry leaders to discuss why AI initiatives that perform well in a demo often stall when scaling in the enterprise. Harrison will also speak to why so many promising AI projects fail, held back by governance that was never built, and the long gap between a good idea and disciplined execution.
The panel presentation, "The Generative AI Playbook: Setting Your Enterprise Up for Success," moderated by Fast Company contributor Rob Pegoraro, will take place on Tuesday, August 4 at 2:10 PM PDT on the stage in Venetian Ballroom E. Attendees will leave with strategic and operational know-how for using generative AI to deliver real results.
"Enterprises are past asking whether AI works. The harder question is why so much of it never makes it at scale," said Kathryn Harrison, Global Vice President of Strategy and AI Platforms at Concentrix. "The companies pulling ahead treat this as an operating discipline, not a string of experiments. That is where we come in, helping clients turn AI from something they test into something that runs the business."
Concentrix will also be in the Exhibit Hall at booth #1562 all three days, where attendees can see the company’s proprietary iX technology, built by people who design, build, and run complex operations every day, drawing on insights from billions of real-world interactions. iX enables the orchestration of people, AI, data, and workflows so they work together as one connected operation.
Members of the media and analyst community interested in connecting with Concentrix at Ai4 2026 can contact [email protected].
About us: Powering a World That Works
Concentrix (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world’s best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2000+ of the world’s most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle tested AI, we’re the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. Visit concentrix.com to learn more.
Media Contact:
Marketing & Communications
Concentrix Corporation [email protected]
Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding the company’s capabilities and positioning to deliver business outcomes and solve challenges for its clients, and statements that include words such as believe, expect, may, will, provide, could and should and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, risks related to the company’s ability to successfully execute its strategy, competitive conditions in the company’s industry, and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2025 filed with the Securities and Exchange Commission and subsequent SEC filings. We do not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made.
Copyright 2026 Concentrix Corporation and its subsidiaries. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries.
NEWARK, Calif., July 28, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced it is positioned as a Leader in all three categories of NelsonHall's AI Enablement NEAT evaluation including Overall AI Enablement, AI Operationalization, and AI Training.
As organizations move beyond experimentation and into large-scale deployment, success increasingly depends on more than AI models alone. Enterprises need the data, governance, operational frameworks, and skilled talent required to transform AI from a promising technology into a measurable business advantage. NelsonHall's AI Enablement Market Analysis highlights service providers that are enabling organizations to do exactly that.
"The AI conversation has evolved from what the technology can do, to how organizations can operationalize it effectively," said Ivan Kotzev, Customer Experience Services Lead Analyst at NelsonHall. "The next wave of enterprise value will come from embedding AI into domain-specific business processes, supported by end-to-end AI services where Concentrix can showcase its strong governance practice, expertise in trusted data foundations, and ability to scale operating models."
"The gap between AI ambition and operational reality has never been wider," said Chris Caldwell, President & CEO of Concentrix. "Business leaders have seen the demos, funded the pilots, and approved the roadmaps, but too many organizations are still treating AI as a technology project rather than a transformation opportunity. Concentrix is uniquely positioned to help clients close that gap. We've operated complex, highly regulated environments across industries and geographies for decades, giving us the expertise to orchestrate AI at scale where it matters most, in the real world."
Concentrix helps organizations move AI from experimentation to operational reality. Drawing on decades of experience running complex customer operations, the company trains, tests, and governs AI systems within the business processes they are designed to support. The result is AI that performs reliably at scale, adapts to real-world operating environments, and delivers measurable business outcomes. Combining specialized AI expertise, strong governance, and deep operational knowledge, Concentrix helps clients accelerate adoption while maintaining the controls required in complex and regulated industries.
To learn more about how Concentrix helps more than 1,000 organizations orchestrate AI into real world operations, see NelsonHall’s report.
About NelsonHall
NelsonHall is the leading global analyst firm dedicated to helping organizations understand the 'art of the possible' in digital operations transformation. With analysts in the U.S., Europe, and India, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall's analysis is based on rigorous, primary research, and is widely respected for the quality and depth of its insight.
About us: Powering a World That Works
Concentrix (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world’s best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2000+ of the world’s most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle tested AI, we’re the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. Visit
concentrix.com to learn more.
Media Contact:
Marketing & Communications
Concentrix Corporation [email protected]
Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding the company’s capabilities and positioning to deliver business outcomes and solve challenges for its clients, and statements that include words such as believe, expect, may, will, provide, could and should and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, risks related to the company’s ability to successfully execute its strategy, competitive conditions in the company’s industry, and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2025 filed with the Securities and Exchange Commission and subsequent SEC filings. We do not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made.
Copyright 2026 Concentrix Corporation and its subsidiaries. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries.
Photos accompanying this announcement are available at
Concentrix reported Q2 2026 earnings that missed Wall Street expectations on both revenue and EPS, triggering a 20% premarket stock decline and potentially wiping out billions in market value.
, /PRNewswire/ -- Concentrix (NASDAQ: CNXC) shareholders lost approximately 20% of their investment value on June 29-30, 2026, after the company reported Q2 2026 results that fell short of consensus analyst estimates on both revenue and earnings per share. Investors who lost money on their Concentrix holdings are encouraged to submit their information here. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
Concentrix reported Q2 2026 revenue and EPS below the figures analysts had anticipated. On the same day, the company similarly disclosed a cut to its full-year 2026 guidance: revenue was reduced from a midpoint of $10.11 billion to a range of $9.93-$10.03 billion, and non-GAAP EPS was reduced from $11.48-$12.07 to $10.83-$11.18. The company cited off-shoring headwinds representing an approximately 300 basis point drag as the primary reason for the setback.
The stock declined approximately 20% from the its closing price on June 29 to open on June 30. As recently as March 24, 2026, CFO Andre Valentine had stated on the Q1 2026 earnings call: "our goal is to be conservative with revenue guidance, and we are being prudent with the current geopolitical situation." That reaffirmation came roughly three months before the full-year outlook was cut.
Shareholders who purchased CNXC and suffered losses may click here to discuss their legal rights. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
ABOUT THE FIRM -- For over two decades, Levi & Korsinsky has represented shareholders in securities class actions. Ranked in ISS Top 50 for seven consecutive years. Attorney Advertising. Prior results do not guarantee similar outcomes.
Frequently Asked Questions About the CNXC Investigation
Q: How much did CNXC stock drop?A: Shares fell approximately 20% by the time the market opened on June 30, 2026, following Concentrix's after-market disclosure that its Q2 2026 results fell shy of expectations and that the company would need to cut its full-year 2026 revenue and EPS guidance.
Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Concentrix made materially false or misleading statements regarding its financial performance and business outlook, including forward guidance figures that were materially reduced just months after being reaffirmed. When the revised outlook was disclosed, the stock price declined sharply.
Q: Who is eligible to participate in the CNXC investigation?A: Investors who purchased CNXC stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do CNXC investors need to do right now?A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.
Q: What happens after I contact Levi & Korsinsky?A: An attorney will review your trading history at no cost and provide an initial assessment of your potential recovery.
Q: What if I already sold my CNXC shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought CNXC and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate?A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: How long will the investigation take to resolve?A: Securities fraud investigations typically take two to four years from initiation to resolution.
NEW YORK, July 10, 2026 (GLOBE NEWSWIRE) -- Concentrix (NASDAQ: CNXC) shares opened down more than 20% on June 30, 2026 after the company reported Q2 2026 earnings and revenue below expectations and slashed its full-year 2026 guidance. Investors who lost money on Concentrix are encouraged to submit their information now. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
The sell-off followed a quarterly earnings report filed June 29, 2026 in which Concentrix cut FY 2026 revenue guidance from a 10.11 billion midpoint to 9.93-10.03 billion and reduced non-GAAP EPS guidance from11.48-12.07 to10.83-$11.18. The company cited off-shoring headwinds of approximately 300 basis points alongside some customers reallocating their spending distribution.
Levi & Korsinsky is investigating whether Concentrix made materially misleading statements prior to the June 29 disclosure. On January 13, 2026, Concentrix had initially provided the guided figures. CFO Andre Valentine separately reaffirmed the Company’s revenue, earnings, and cash flow guidance as recently as March 24, 2026.
Shareholders who suffered losses on their CNXC investment are encouraged to get more information about this investigation. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report. Attorney Advertising. Prior results do not guarantee similar outcomes.
Frequently Asked Questions About the CNXC Investigation
Q: What is the CNXC securities fraud investigation about? A: A securities fraud investigation has been initiated concerning Concentrix (NASDAQ: CNXC) regarding potentially materially false and misleading statements. Shares fell 20% overnight following the company’s disclosed Q2 2026 earnings miss and cut FY 2026 guidance, causing significant losses for shareholders.
Q: Who is conducting the CNXC investigation? A: Levi & Korsinsky, LLP is investigating potential securities fraud on behalf of investors who purchased CNXC securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.
Q: Who is eligible to participate in the CNXC investigation? A: Investors who purchased CNXC stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do CNXC investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.
Q: What does it cost me to participate? A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What if I already sold my CNXC shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought CNXC and sold at a loss may still participate in the investigation.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
Concentrix stock plunges 20% overnight after Q2 2026 earnings miss and FY 2026 guidance cut -- wiping out billions in shareholder value in a single session. July 10, 2026 09:00 ET | Source: Levi & Korsinsky, LLP
NEW YORK, July 10, 2026 (GLOBE NEWSWIRE) -- Concentrix (NASDAQ: CNXC) shares opened down more than 20% on June 30, 2026 after the company reported Q2 2026 earnings and revenue below expectations and slashed its full-year 2026 guidance. Investors who lost money on Concentrix are encouraged to submit their information now. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
The sell-off followed a quarterly earnings report filed June 29, 2026 in which Concentrix cut FY 2026 revenue guidance from a $10.11 billion midpoint to $9.93-$10.03 billion and reduced non-GAAP EPS guidance from $11.48-$12.07 to $10.83-$11.18. The company cited off-shoring headwinds of approximately 300 basis points alongside some customers reallocating their spending distribution.
Levi & Korsinsky is investigating whether Concentrix made materially misleading statements prior to the June 29 disclosure. On January 13, 2026, Concentrix had initially provided the guided figures. CFO Andre Valentine separately reaffirmed the Company’s revenue, earnings, and cash flow guidance as recently as March 24, 2026.
Shareholders who suffered losses on their CNXC investment are encouraged to get more information about this investigation. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report. Attorney Advertising. Prior results do not guarantee similar outcomes.
Frequently Asked Questions About the CNXC Investigation
Q: What is the CNXC securities fraud investigation about? A: A securities fraud investigation has been initiated concerning Concentrix (NASDAQ: CNXC) regarding potentially materially false and misleading statements. Shares fell 20% overnight following the company’s disclosed Q2 2026 earnings miss and cut FY 2026 guidance, causing significant losses for shareholders.
Q: Who is conducting the CNXC investigation? A: Levi & Korsinsky, LLP is investigating potential securities fraud on behalf of investors who purchased CNXC securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.
Q: Who is eligible to participate in the CNXC investigation? A: Investors who purchased CNXC stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do CNXC investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.
Q: What does it cost me to participate? A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What if I already sold my CNXC shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought CNXC and sold at a loss may still participate in the investigation.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
[url="]The Schall Law Firm[/url], a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Concentrix
Concentrix claimed investors could expect no less than 10.035 billion in revenue for 2026. Now management indicates the ceiling is below the old floor and the most they could potentially earn is less than 10.3 billion and the stock sank 20% overnight.
, /PRNewswire/ -- Concentrix (NASDAQ: CNXC) investors lost more than 20% of their holdings' value overnight into June 30, 2026, after the company reported a Q2 2026 earnings and revenue miss and slashed its full-year outlook. Shareholders who lost money on CNXC are encouraged to submit their information to discuss their legal rights. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
Prior management statements now stand in sharp contrast to the company's expected results. Concentrix had previously indicated expectations for revenue of at least 10.035B with non-GAAP operating income of no less than 1.24B. When reporting their second quarter 2026 earnings, management gutted those expectations; every projected metric is now projected to perform well-below the previously-modeled floors.
Concentrix reported updated expectations for revenue of up to 10.025B and non-GAAP operating income of, at most, 1.23B. In response to the reveal, the stock sank more than 20% overnight.
If you purchased Concentrix shares and suffered a loss, click here to discuss your legal rights with Levi & Korsinsky. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
WHY LEVI & KORSINSKY -- Ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee similar outcomes.
Frequently Asked Questions About the CNXC Investigation
Q: Who is conducting the CNXC investigation? A: Levi & Korsinsky, LLP is investigating potential securities law violations on behalf of investors who purchased Concentrix (NASDAQ: CNXC) securities and suffered losses. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.
Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether Concentrix made materially false or misleading statements regarding revenue growth rates, earnings per share figures, and forward guidance. When the company's actual financial performance and updated guidance diverged from these statements, the stock price declined sharply.
Q: Who is eligible to participate in the CNXC investigation? A: Investors who purchased CNXC stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do CNXC investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.
Q: What if I already sold my CNXC shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought CNXC and sold at a loss may still participate in the investigation.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
Q: What does it cost me to participate? A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
NEWARK, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today released its 2026 Sustainability Report. This report shows how sustainability drives performance, creates value, and helps clients through The Power of One: individual actions across a global workforce that add up to measurable impact.
The 2026 report reflects a shift in how Concentrix approaches sustainability reporting, focusing on execution and measurable results. The company earned an EcoVadis Gold Medal, placing it in the top 5% of companies assessed worldwide, along with an ‘A’ score for climate disclosure from CDP and SBTi validation of its net-zero targets against a 1.5°C pathway.
That discipline shows up across the business, in lower emissions, sharper skills, and stronger communities:
25.7% cut in absolute emissions against a 2019 baseline, on track toward a 46.2% reduction by 20301.37 million trees planted since 2021, now supported by a new partnership with Plant-for-the-Planet7 million+ learning hours and 16 million course completions to help our teams build AI and future-ready skillsISO/IEC 42001:2023 certification for how Concentrix governs AI across its services2.8 million kg of emissions potentially avoided through the Carbon Challenge portal, now powered by an AI assistant and extended to schools$6.26 million and 396,000 volunteer hours contributed to communities through Think Human Fund and local teams “Concentrix has reached the point where sustainability and technology advance together, each making the other stronger,” said Philip Cassidy, Executive Vice President, Strategic Projects and Corporate Strategy at Concentrix. “By operationalizing ESG and embedding it into how we run, not bolting it on as an afterthought, we cut costs, sharpen risk management, and meet the standards clients increasingly demand. The result is a program that does more than demonstrate responsibility, it converts that responsibility into measurable value: for the business, and for every client we serve.”
From cleaner operations to responsible AI and the skills to put it to work, Concentrix is engineering a smarter, more sustainable business, and a world that works better for everyone. Read the full 2026 sustainability report – The Power of One.
About us: Powering a World That Works
Concentrix (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world’s best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2,000+ of the world’s most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle-tested AI, we’re the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. Visit concentrix.com to learn more.
Media Contact:
Marketing & Communications
Concentrix Corporation [email protected]
Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding the company’s capabilities and positioning to deliver business outcomes and solve challenges for its clients, future benefits from the company’s sustainability program, including emissions reduction targets, cost savings and cleaner operations, and statements that include words such as believe, expect, may, will, provide, could and should and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, risks related to the company’s ability to successfully execute its strategy, competitive conditions in the company’s industry, and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2025 filed with the Securities and Exchange Commission and subsequent SEC filings. We do not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made.
Copyright 2026 Concentrix Corporation and its subsidiaries. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries.
On June 30, 2026, Concentrix Corp (CNXC) shares fell 11.3% today, bringing the current price to $22.41. The stock has experienced significant volatility, tradin
The market fears that Concentrix Corporation faces existential AI disruption, though the company's operating results have been resilient. That said, the earnings trajectory has started to weaken a bit, and Q2 was another underwhelming report. Shares would be a value here if the company had a clean balance sheet. But, due to its massive leverage, this is a highly speculative situation.
Concentrix (CNXC) is experiencing significant pressure following its Q2 earnings report released last night. The company narrowly missed earnings per share (EP
Analyst Cuts Price Forecast After Guidance ResetAnalyst Luke Morison cut his price forecast on Concentrix to $45 from $55 but reiterated a Buy rating, arguing that the stock’s valuation remains attractive despite a weaker growth outlook.
The brokerage said the company’s reduced fiscal 2026 guidance was the biggest concern.
Management lowered its constant-currency revenue growth outlook to about 0.75% from roughly 2.5%, indicating growth is expected to slow through the remainder of the year instead of accelerating in the second half.
Customer Spending Trends Weigh on OutlookCanaccord attributed the weaker outlook to structural pressures rather than a cyclical slowdown.
The firm said accelerated offshoring and spending cuts by several large cloud, social media and telecom customers each contributed about one percentage point of the additional headwind.
It added that customers are making spending decisions more rapidly, creating a lower-visibility operating environment.
AI Platform Continues to Deliver GrowthThe brokerage highlighted continued momentum in Concentrix’s AI platform, iX, which is expected to generate more than $120 million in annual recurring revenue by year-end.
Customers using the platform are growing faster than the broader business and produce margins roughly 350 basis points above the corporate average.
However, Canaccord said the AI business is still too small to offset weakness across Concentrix’s nearly $10 billion revenue base.
Margins, Cash Flow and Valuation Remain Bright SpotsCanaccord also pointed to resilient margins, record second-quarter free cash flow and ongoing debt reduction. The firm expects Concentrix to end fiscal 2026 with net leverage below 2.6x and continue deleveraging in fiscal 2027.
Despite lowering its estimates, Canaccord said Concentrix’s valuation remains compelling.
The stock trades at about 4x enterprise value-to-EBITDA with a free cash flow yield exceeding 50%, levels the firm said already price in a prolonged secular decline.
Technical Picture Remains WeakThe selloff deepened an already bearish trend. Concentrix shares have fallen 58.8% over the past 12 months and now trade below their 20-day, 50-day, 100-day and 200-day simple moving averages.
The stock sits 16.5% below its 20-day average, 15.9% below its 50-day average, 24% below its 100-day average and 39.1% below its 200-day average.
Momentum indicators also remain negative. The MACD is below its signal line, while the histogram remains below zero, suggesting bearish momentum persists. The longer-term “death cross,” where the 50-day moving average sits below the 200-day moving average, continues to point to a weak trend.
The stock also traded below its previous 52-week low of $22.05, removing a key technical support level.
Immediate resistance is near $25.61, around the 50-day moving average. Initial support is near $21.47.
Price ActionCNXC Stock Price Activity: Concentrix shares were down 15.02% at $21.44 at the time of publication on Tuesday, according to Benzinga Pro data.
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Concentrix Corp (NASDAQ:CNXC) on Monday reported worse-than-expected second-quarter financial results and cut its FY26 guidance below estimates.
Concentrix reported quarterly earnings of $2.63 per share, which missed the analyst consensus estimate of $2.64, according to Benzinga Pro data. Quarterly revenue came in at $2.46 billion, which missed the consensus estimate of $2.47 billion by 0.44%.
"Our second quarter marked an acceleration in many areas in the evolution of our business," said Chris Caldwell, CEO of Concentrix.
Concentrix lowered its fiscal 2026 adjusted EPS guidance to between $10.83 and $11.18, versus the $11.97 analyst estimate, and lowered its revenue outlook to $9.93 billion to $10.03 billion, versus the $10.14 billion estimate.
Concentrix shares dipped 18.2% to trade at $20.64 on Tuesday.
These analysts made changes to their price targets on Concentrix following earnings announcement.
Baird analyst David Koning maintained the stock with an Outperform rating and lowered the price target from $40 to $30. Barrington Research analyst Vincent Colicchio maintained the stock with an Outperform rating and lowered the price target from $38 to $30. Considering buying CNXC stock? Here’s what analysts think:
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U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Tuesday.
Concentrix reported quarterly earnings of $2.63 per share, which missed the analyst consensus estimate of $2.64, according to Benzinga Pro data. Quarterly revenue came in at $2.46 billion, which missed the consensus estimate of $2.47 billion by 0.44%.
Concentrix shares dipped 24% to $19.19 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
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Key Takeaways CNXC is leaning harder into iX Suite as AI-led deals and tech-services demand accelerate.CNXC cut its fiscal 2026 revenue view as faster offshoring becomes a larger growth headwind.CNXC posted record Q2 adjusted free cash flow and reduced net debt by $228 million. Concentrix Corporation (CNXC - Free Report) used its second-quarter fiscal 2026 call to argue that the bigger story was not a slight miss versus the Zacks Consensus Estimate, but the way AI-led offerings, offshore delivery and internal cost actions are reshaping the business. Non-GAAP EPS of $2.63 missed the Zacks Consensus Estimate of $2.64. Revenues of $2.46 billion also lagged the consensus mark of $2.47 billion.
Management’s message centered on the mix shift. Executives pointed to stronger technology demand, a record cash flow quarter and a clearer path to margin improvement in the second half, even as revenue growth expectations came down.
CNXC Leans Harder Into iX SuiteChief executive officer Christopher Caldwell said the quarter marked an acceleration in the company’s evolution, led by its iX Suite platform and broader AI-enabled services strategy. He highlighted a 400% year-over-year increase in iX Suite deal count and said deals combining technology with services rose 25%, while those combining AI, technology and services climbed 80%.
Caldwell said Concentrix closed almost 100 iX Suite deals in the quarter and is now trying to speed deployments to keep up with demand. He added that the company remains on track to double iX Suite revenues by the end of fiscal 2026 and surpass $120 million in annual recurring revenues.
Caldwell also framed the platform as a margin and growth lever rather than a near-term revenue cannibalization issue. According to Caldwell, 11% of company revenues are now influenced by iX Suite deployments, and those clients are growing faster while carrying roughly 350 basis points better margin.
Concentrix Cuts Costs While Funding GrowthChief financial officer Andre Valentine said fiscal second-quarter non-GAAP operating income was $292 million, with a margin of 11.9%, while adjusted EBITDA reached $347.4 million, or 14.1% of revenues. Both margin measures improved sequentially from the fiscal first quarter, even as revenue growth stayed muted.
This improvement came alongside heavier restructuring. Caldwell said management accelerated the use of AI internally and moved faster to align costs with higher-growth, higher-return areas, resulting in a larger restructuring charge than anticipated at the start of the quarter.
The company now expects total restructuring expense of $175 million this year, including $45 million in the fiscal third quarter and $30 million in the fiscal fourth quarter. Valentine said the cash flow guide already absorbs that spending, underscoring management’s effort to pair cost discipline with continued investment in AI talent and deployment capacity.
CNXC Trims Growth View as Offshore Shift Speeds UpThe main change in the quarter was in the revenue outlook. Concentrix now expects fiscal 2026 revenues of $9.93 billion to $10.03 billion, implying constant-currency growth of 0.25% to 1.25%, down from its prior view. Fiscal third-quarter revenues are projected at $2.47 billion to $2.49 billion, with constant-currency growth of flat to 1%.
Management tied the reset to faster offshoring and customer spending changes rather than weakening demand in its AI-related offerings. Valentine said the primary driver was an acceleration in mix shift to offshore locations, now seen as nearly a 300-basis-point headwind, compared with the prior assumption of 200 basis points.
Caldwell added that some clients are also reducing support for certain customer segments in high-cost markets, creating another drag. He described the overall demand environment as stable, but said client cost pressure is increasing urgency around automation and offshore delivery.
Concentrix Uses Cash Flow to Attack DebtCash generation was one of the clearest positives. Concentrix reported $257.9 million in operating cash flow and a record fiscal second-quarter adjusted free cash flow of $242.3 million.
Valentine said the company reduced net debt by $228 million in the quarter to about $4.32 billion. He added that Concentrix expects to repay more than $550 million of debt this year, including notes due in August 2026 and term loans maturing in December 2026.
That capital allocation stance also explains why share repurchases stayed paused. The company paid its quarterly dividend, did not buy back stock in the quarter and reiterated its goal of ending fiscal 2026 with net leverage below 2.6 times adjusted EBITDA.
CNXC Q&A Sharpens the Pressure PointsAnalyst questions focused on the durability of the revenue headwinds and the timing of margin benefits. A Canaccord Genuity analyst pressed management on how much of the updated outlook was driven by faster offshoring compared with outright client volume cuts. Caldwell responded that offshoring headwind assumptions moved closer to 3%, while spending reallocation away from certain customer segments accounted for about 1%.
A BofA Securities analyst asked why the full-year margin view moved lower despite management still calling for second-half improvement. Valentine said the reduction was mainly tied to lower revenues and temporary duplicate costs from moving work offshore, while restructuring actions and stronger scale in tech solutions should drive a higher margin profile later in the year.
Barrington Research also asked whether iX Suite revenues are replacing legacy business or adding new spend. Caldwell said the software revenues are incremental, while the broader benefit comes from faster client growth, better margins and additional wallet share as customers expand deployments.
Concentrix Leaves a Focused MessageThe tone coming out of the call was disciplined rather than promotional. Management acknowledged that faster offshoring and selective client spending cuts are weighing on near-term revenues, but it kept returning to the same points: AI demand is real, margin expansion is still expected in the back half and cash flow is strong enough to fund restructuring and debt reduction.
That leaves Concentrix heading into the second half with a narrower growth outlook, but also with a more explicit operating playbook. The company is leaning into AI deployments, pushing internal efficiency harder and using cash generation to repair the balance sheet.
Zacks Signals on CNXCCNXC carries a Zacks Rank #3 (Hold), which indicates a more neutral near-term earnings estimate revision profile than a Zacks Rank #1 (Strong Buy) or 2 (Buy). For investors using Style Scores alongside the rank, the stock’s Value Score of A, Growth Score of B, Momentum Score of B and VGM Score of A point to favorable underlying style characteristics, with the strongest signals coming from value and the combined VGM measure. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Style Score framework places greater weight on A and B grades, but it also treats the Zacks Rank as the first screen. A Zacks Rank #3 can still be held, especially when supported by stronger Style Scores, though the rank can change as estimate revisions move after the quarter’s results and guidance update.
CNXC stock is moving. Watch the price action here. Concentrix Q2 Details Concentrix reported quarterly earnings of $2.63 per share, which missed the analyst consensus estimate of $2.64, according to Benzinga Pro data.
Quarterly revenue came in at $2.46 billion, which missed the consensus estimate of $2.47 billion by 0.44%.
“Our second quarter marked an acceleration in many areas in the evolution of our business,” said Chris Caldwell, CEO of Concentrix.
“Our blended AI and services approach is delivering value to clients by lowering their costs and increasing their revenue, helping us differentiate ourselves in the marketplace,” Caldwell added.
Looking AheadConcentrix lowered its fiscal 2026 adjusted EPS guidance to between $10.83 and $11.18, versus the $11.97 analyst estimate, and lowered its revenue outlook to $9.93 billion to $10.03 billion, versus the $10.14 billion estimate.
CNXC Stock Price Activity: According to data from Benzinga Pro, Concentrix stock was down 24.02% to $19.17 in Monday’s extended trading.
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