CALGARY, Alberta, June 12, 2026 (GLOBE NEWSWIRE) -- Real Canadian Superstore, Tsuut'ina Nation and Taza Development Corp. are marking the next phase of the new Superstore at Buffalo Run with a planned fall 2026 opening, with construction well underway.
The new Real Canadian Superstore at Buffalo Run will be the first Superstore in Alberta developed in collaboration with an Indigenous community. As a major retail presence within the growing Buffalo Run community, the store represents an important step in bringing everyday amenities, new employment opportunities and long-term economic benefits to the Tsuut'ina and Calgary regions.
“This development represents far more than a grocery store. It is another meaningful milestone in Taza's vision to bring convenient, high-quality amenities to the region while supporting sustained, long-term economic growth for Tsuut'ina Nation. We are proud to see this partnership continue to take shape and look forward to the store opening later this fall.”
— James Robertson, President of Taza Development Corp.
With opening preparations now advancing, a hiring event for the new location will take place on Wednesday, August 26. The store will also create opportunities to continue building relationships with local and Indigenous vendors, while supporting Superstore's broader commitment to Indigenous allyship and community partnership.
“At the heart of our business are people, purpose and passion. We are excited to bring meaningful employment opportunities to Buffalo Run, deepen relationships with Indigenous vendors and continue building on our longstanding allyship work across Canada. This store is part of something bigger, and we look forward to opening our doors to the community.”
— Jonathan Carroll, Senior Vice President of Operations for Superstore
Additional details about the hiring event, store experience, vendor partnerships and grand opening plans will be shared closer to opening.
For media inquiries, contact:
Maureen Henderson
Vice President, Community Experience
Taza Development Corporation [email protected] | 403-992-8388
About Loblaw Companies Limited
Loblaw is Canada’s food and pharmacy leader, and the nation’s largest retailer. Loblaw provides Canadians with grocery, pharmacy, and healthcare services, other health and beauty products, apparel, general merchandise, financial services and wireless mobile products and services. With more than 2,800 locations, Loblaw, its franchisees and Associate-owners employ more than 220,000 full- and part-time employees, making it one of Canada’s largest private sector employers.
Loblaw’s purpose – Live Life Well® – puts first the needs and well-being of Canadians who make one billion transactions annually in the company’s stores. Loblaw is positioned to meet and exceed those needs in many ways: convenient locations; more than 1,100 grocery stores that span the value spectrum from discount to specialty; full-service pharmacies at nearly 1,400 Shoppers Drug Mart® and Pharmaprix® locations and in close to 500 grocery stores; PC Financial® services; Joe Fresh® fashion and family apparel; and four of Canada’s top-consumer brands in Life Brand®, Farmer’s Market™, no name® and President's Choice®. For more information, visit Loblaw’s website at www.loblaw.ca and Loblaw's issuer profile at www.sedarplus.ca.
About Taza
Decades in the making, Taza is one of the largest and most influential First Nation development projects located on 1,200 acres of Tsuut’ina land. Consisting of three unique, but related community villages—Taza Park, Buffalo Run and The Crossing, Taza is integrated through a comprehensive framework of Tsuut’ina and City of Calgary infrastructure. The villages are physically connected via Tsuut’ina Trail, which is part of the Southwest Calgary Ring Road, a critical piece of transportation infrastructure for the Calgary and Southern Alberta regions. Each community village has a distinct character built around a guiding philosophy and distinct design principles. Led by Taza Development Corp, Taza will create a unique sense of place, drawing on the history, culture and stories of the Tsuut’ina Nation.
About Taza Development Corp.
Taza Development Corp. (TDC) is a wholly owned subsidiary of Canderel and serves as the development entity for Taza, a 50/50 partnership between the Tsuut’ina Nation and Canderel, a leading Canadian real estate company. Adjacent to the southwest quadrant of Calgary, Alberta, the Tsuut’ina Nation is home to approximately 2,400 community members. Guided by a Board of Directors, TDC is advancing the long-term development of Taza’s three distinct yet interconnected villages—Taza Park, Buffalo Run, and The Crossing—across 1,200 acres over the next 25+ years. This transformational project is designed to drive meaningful social and economic prosperity for the Tsuut’ina Nation and the broader region.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8e6779a1-1624-441f-8784-e7d7ce886420
Buffalo Run Real Canadian Superstore Rendering Buffalo Run Real Canadian Superstore slated to open Fall 2026
Boston Trust Walden Corp cut its stake in ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report) by 4.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,608,036 shares of the business services provider’s stock after selling 113,123 shares during the period. ExlService makes up about 0.8% of Boston Trust Walden Corp’s holdings, making the stock its 19th largest holding. Boston Trust Walden Corp owned approximately 1.64% of ExlService worth $110,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in EXLS. AQR Capital Management LLC grew its position in ExlService by 540.4% in the third quarter. AQR Capital Management LLC now owns 1,963,973 shares of the business services provider’s stock worth $86,474,000 after acquiring an additional 1,657,317 shares during the period. Amundi purchased a new position in ExlService in the third quarter worth approximately $67,862,000. Jane Street Group LLC grew its position in ExlService by 534.2% in the second quarter. Jane Street Group LLC now owns 1,354,599 shares of the business services provider’s stock worth $59,318,000 after acquiring an additional 1,141,008 shares during the period. Qube Research & Technologies Ltd grew its position in ExlService by 4,269.6% in the second quarter. Qube Research & Technologies Ltd now owns 882,480 shares of the business services provider’s stock worth $38,644,000 after acquiring an additional 862,284 shares during the period. Finally, Tudor Investment Corp ET AL grew its position in ExlService by 451.2% in the third quarter. Tudor Investment Corp ET AL now owns 975,894 shares of the business services provider’s stock worth $42,969,000 after acquiring an additional 798,831 shares during the period. 92.92% of the stock is currently owned by hedge funds and other institutional investors.
ExlService Stock Up 0.2% NASDAQ:EXLS opened at $31.87 on Wednesday. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 0.32. The stock’s fifty day moving average is $30.63 and its two-hundred day moving average is $36.98. ExlService Holdings, Inc. has a 52 week low of $26.94 and a 52 week high of $48.79. The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of 20.69, a price-to-earnings-growth ratio of 1.43 and a beta of 0.89.
ExlService declared that its board has approved a share repurchase program on Tuesday, March 17th that permits the company to buyback $125.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 2.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.
Insider Buying and Selling In other ExlService news, EVP Ajay Ayyappan sold 8,114 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $42.53, for a total transaction of $345,088.42. Following the transaction, the executive vice president directly owned 53,515 shares in the company, valued at $2,275,992.95. This represents a 13.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 11,586 shares of company stock worth $449,725 in the last 90 days. 4.04% of the stock is owned by corporate insiders.
Analyst Ratings Changes EXLS has been the subject of several analyst reports. Robert W. Baird set a $35.00 price objective on ExlService in a research report on Wednesday, February 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of ExlService in a research report on Thursday, January 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective (down from $55.00) on shares of ExlService in a research report on Wednesday, February 25th. Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Stifel Nicolaus lowered their price objective on ExlService from $54.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, ExlService currently has an average rating of “Moderate Buy” and a consensus price target of $43.60.
Get Our Latest Analysis on ExlService
About ExlService (Free Report)
ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.
Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.
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On April 23, 2026, ExlService Holdings Inc EXLS shares fell 3.3% to a current price of $30.56. This decline comes amid a challenging year, with the stock down 28.0% year-to-date and 30.7% over the past year. The shares have fluctuated between a 52-week high of $48.79 and a low of $26.94.
GF Value™ verdict: Current price is $30.56, 34.1% undervalued compared to GF Value™ of $46.39.GF Score™ is 88/100, indicating strong overall performance.Most notable signal: Financial Strength rated at 8/10. Is EXLS Overvalued or Undervalued? ExlService Holdings Inc's current share price of $30.56 is significantly below the GF Value™ estimate of $46.39, suggesting that the stock is undervalued by 34.1%. This margin of safety provides an opportunity for potential investors, as undervaluation could indicate a favorable entry point. However, it is important to consider market conditions and operational performance that may impact future growth and profitability. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
While the GF Valuation label indicates that EXLS is significantly undervalued, investors should remain cautious. The company's stock has experienced a notable decline over the past year, and potential risks such as market volatility and changes in operational performance could affect future valuation. Nonetheless, the current valuation presents an intriguing opportunity for those who believe in the company's long-term growth prospects.
How Does EXLS's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)19.8x34.1x Forward P/E14.0xN/A The current P/E ratio of 19.8x is 42% below its 5-year median P/E of 34.1x, indicating that EXLS is trading below its historical valuation. This analysis aligns with the GF Value™ verdict, further supporting the notion that the stock is undervalued at its current price.
What Does EXLS's GF Score™ Tell Us? MetricRating GF Score™88 Financial Strength8/10 Profitability10/10 Growth10/10 Valuation4/10 Momentum2/10 The GF Score™ of 88/100 indicates that ExlService Holdings Inc has a strong potential for generating long-term returns. The strongest areas are Profitability and Growth, both scoring 10/10, reflecting the company's solid operational performance and growth trajectory. However, the Valuation and Momentum ranks are weaker at 4/10 and 2/10, respectively, suggesting that the current market sentiment may not favor the stock, despite its underlying strengths.
What Are Insiders Doing with EXLS Stock? In the last three months, insiders sold $0.5 million worth of ExlService Holdings Inc stock, with no reported insider buying. This pattern may signal caution among insiders regarding the company's near-term performance. While insider selling can sometimes be interpreted as a negative signal, it is essential to consider the context of individual circumstances and overall market conditions.
What This Means for Investors Based on the GF Value™ estimate, ExlService Holdings Inc EXLS is currently undervalued. The significant gap between its current price and intrinsic value indicates potential for price appreciation, albeit with some risks that need to be monitored.
For the complete analysis, visit the ExlService Holdings Inc EXLS stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is EXLS's GF Score™?
EXLS's GF Score™ is 88/100, indicating strong overall performance based on key financial metrics.
Is EXLS overvalued or undervalued?
According to GF Value™, EXLS is currently undervalued, with a significant margin of safety compared to its estimated intrinsic value.
What is EXLS's P/E ratio?
EXLS's P/E ratio is 19.8x, which is 42% below its historical 5-year median P/E of 34.1x, indicating that the stock is trading at a lower valuation than in the past.
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].
Cwm LLC lowered its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report) by 34.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 48,245 shares of the business services provider’s stock after selling 25,919 shares during the period. Cwm LLC’s holdings in ExlService were worth $2,048,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of EXLS. Mather Group LLC. purchased a new position in shares of ExlService during the 3rd quarter valued at $25,000. CENTRAL TRUST Co increased its holdings in ExlService by 2,428.0% in the 3rd quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock worth $28,000 after acquiring an additional 607 shares during the last quarter. True Wealth Design LLC increased its holdings in ExlService by 57.2% in the 4th quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock worth $30,000 after acquiring an additional 257 shares during the last quarter. First Horizon Corp bought a new stake in ExlService in the 3rd quarter valued at about $32,000. Finally, V Square Quantitative Management LLC purchased a new stake in ExlService during the fourth quarter valued at about $33,000. Institutional investors own 92.92% of the company’s stock.
Wall Street Analyst Weigh In A number of brokerages have weighed in on EXLS. Robert W. Baird set a $35.00 target price on shares of ExlService in a research report on Wednesday, February 25th. TD Cowen dropped their price target on shares of ExlService from $51.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Wall Street Zen raised shares of ExlService from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of ExlService in a research note on Thursday, January 22nd. Finally, Stifel Nicolaus lowered their target price on shares of ExlService from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, ExlService currently has a consensus rating of “Moderate Buy” and an average price target of $43.60.
Get Our Latest Stock Analysis on ExlService
Insiders Place Their Bets In other ExlService news, EVP Ajay Ayyappan sold 1,197 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $29.79, for a total value of $35,658.63. Following the completion of the transaction, the executive vice president directly owned 53,901 shares of the company’s stock, valued at $1,605,710.79. This trade represents a 2.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last 90 days, insiders have sold 11,586 shares of company stock worth $449,725. Corporate insiders own 4.04% of the company’s stock.
ExlService Stock Down 0.5% EXLS stock opened at $30.40 on Friday. The stock has a 50-day simple moving average of $30.68 and a two-hundred day simple moving average of $36.81. ExlService Holdings, Inc. has a twelve month low of $26.94 and a twelve month high of $48.79. The firm has a market capitalization of $4.75 billion, a PE ratio of 19.74, a PEG ratio of 1.38 and a beta of 0.89. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 0.32.
ExlService announced that its board has initiated a stock buyback plan on Tuesday, March 17th that allows the company to buyback $125.00 million in shares. This buyback authorization allows the business services provider to buy up to 2.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.
ExlService Company Profile (Free Report)
ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.
Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.
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NEW YORK, April 27, 2026 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced, it has been named the 2025 New Partner of the Year by Genesys®, a global cloud leader in AI-Powered Experience Orchestration. The Genesys Partner of the Year Awards celebrate partners that orchestrate exceptional experiences and collaborate with Genesys to advance transformative solutions with real-world impact.
“In the experience economy, transformation happens with partnership,” said Amy Slater, vice president, NA Partners & Alliances. “With our partners we deliver AI-powered experience orchestration at scale helping organizations drive customer loyalty and operational efficiency.”
“We are thrilled to be named the 2025 Genesys New Partner of the Year.” said Vishal Chhibbar, chief growth officer and head of international growth markets. “Receiving this award from Genesys highlights EXL's position in the partner ecosystem. By integrating our advanced data, analytics, and AI expertise with the Genesys Cloud platform, we empower enterprises to deliver smarter, data-driven customer experiences at scale.”
Together with its global partner ecosystem, Genesys is helping organizations confidently move into the agentic AI era. By connecting systems, data and AI on the Genesys Cloud™ platform, Genesys and its partners enable seamless, intelligent experiences across the enterprise.
EXL is a trusted leader for data- and AI-led transformation. By orchestrating deep industry, data and AI expertise, EXL collaborates with partners to design and deliver integrated solutions that reimagine workflows and deliver better outcomes at speed and scale.
For more information about EXL and Genesys, visit here.
About EXL
EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world's leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 65,000 employees spanning six continents. For more information, visit www.exlservice.com.
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.
2026 First Quarter Revenue of $570.4 Million, up 13.8% year-over-year
Q1 Diluted EPS (GAAP) of $0.43, up 5.7% from $0.40 in Q1 of 2025
Q1 Adjusted Diluted EPS (Non-GAAP) (1) of $0.58, up 20.2% from $0.48 in Q1 of 2025
NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- ExlService Holdings, Inc. (NASDAQ: EXLS), a global data and AI company, today announced its financial results for the quarter ended March 31, 2026.
Chairman and Chief Executive Officer Rohit Kapoor said, “We entered 2026 with strong momentum, delivering revenue growth of 14% and increased our adjusted diluted EPS by 20% year-over-year. Our sustained double-digit growth demonstrates the strength of our competitive position as well as strong execution against our data and AI strategy. EXL’s recognized industry expertise and leadership in helping clients adopt AI throughout their enterprise is resonating strongly with the market.”
Chief Financial Officer Maurizio Nicolelli said, “While we remain prudent given the evolving macro-economic environment, our strong first quarter performance and continued business momentum give us the confidence to raise guidance. We now expect full-year 2026 revenue in the range of $2.30 billion to $2.33 billion, up from our prior guidance of $2.275 billion to $2.315 billion, reflecting 10% to 12% year-over-year growth on both a reported and constant currency basis. We now expect adjusted diluted earnings per share of $2.18 to $2.23, a 12% to 14% increase over 2025, up from our prior guidance of $2.14 to $2.19.”
Reconciliations of adjusted (non-GAAP) financial measures to the most directly comparable GAAP measures, where applicable, are included at the end of this release under “Reconciliation of Adjusted Financial Measures to GAAP Measures.” These non-GAAP measures, including adjusted diluted EPS and constant currency measures, are not measures of financial performance prepared in accordance with GAAP. Financial Highlights: First Quarter 2026
Revenue for the quarter ended March 31, 2026, increased to $570.4 million, compared to $501.0 million for the first quarter of 2025, an increase of 13.8% on a reported basis and 13.4% on a constant currency basis. Revenue increased by 5.1% sequentially, both on a reported basis and on a constant currency basis, from the fourth quarter of 2025. Revenue
Gross Margin Three months ended
Three months endedReportable Segments March 31, 2026
March 31, 2025
December 31, 2025
March 31, 2026 March 31, 2025 December 31, 2025 (dollars in millions) Insurance $ 194.0 $ 172.0 $ 185.8 37.7 % 36.6 % 36.5 %Healthcare and Life Sciences 151.9 125.6 142.2 45.3 % 43.9 % 44.0 %Banking, Capital Markets and Diversified Industries 127.4 117.7 122.6 36.9 % 37.3 % 38.8 %International Growth Markets 97.1 85.7 92.0 34.1 % 36.6 % 34.3 %Total $ 570.4 $ 501.0 $ 542.6 38.9 % 38.6 % 38.6 % Operating income margin for the quarter ended March 31, 2026 was 16.1%, compared to 15.7% for the first quarter of 2025 and 14.4% for the fourth quarter of 2025. Adjusted operating income margin for the quarter ended March 31, 2026 was 20.5%, compared to 20.1% for the first quarter of 2025 and 18.8% for the fourth quarter of 2025.Diluted earnings per share for the quarter ended March 31, 2026 was $0.43, compared to $0.40 for the first quarter of 2025 and $0.38 for the fourth quarter of 2025. Adjusted diluted earnings per share for the quarter ended March 31, 2026 was $0.58, compared to $0.48 for the first quarter of 2025 and $0.50 for the fourth quarter of 2025. Business Highlights: First Quarter 2026
Won 16 new clients in the first quarter of 2026.Named as "Advanced Technology Partner" of the Year by NVIDIA for EXL’s deep technical expertise on the NVIDIA AI Enterprise stack and co-creating differentiated industry solutions and platforms, integrating NVIDIA’s powerful AI frameworks and GPU-accelerated technologies.Selected by AWS as the 2025 AI/ML Market Disruptor of the Year, recognizing EXL’s exceptional innovation and leadership in leveraging AWS AI/ML services and setting new benchmarks for AI excellence in the industry.Named the 2025 Genesys New Partner of the Year, celebrating EXL’s ability to orchestrate AI-powered customer experience (CX) transformation through strategic collaboration with Genesys, advancing transformative solutions with real-world impact.Recognized by Google Cloud as a global strategic services partner, highlighting EXL’s strengths across data, AI, and customer experience (CX) transformation, and its development of Google's Gemini Enterprise powered solutions and accelerators that enable scalable, AI-driven business transformation.Named a leader in Everest Group Customer Experience Services in Insurance Operations Peak Matrix Assessment 2025, showcasing EXL’s deep domain expertise across both the P&C and L&A lines, robust data and AI capabilities and versatile suite of proprietary tools. 2026 Guidance
Based on current visibility, and a U.S. dollar to Indian rupee exchange rate of 93.0, U.K. pound sterling to U.S. dollar exchange rate of 1.33, U.S. dollar to the Philippine peso exchange rate of 59.5 and all other currencies at current exchange rates, we are providing the following guidance for the full year 2026:
Revenue of $2.30 billion to $2.33 billion, representing an increase of 10% to 12% on both a reported and constant currency basis from 2025.Adjusted diluted earnings per share of $2.18 to $2.23, representing an increase of 12% to 14% from 2025. Conference Call
ExlService Holdings, Inc. will host a conference call on Wednesday, April 29, 2026 at 10:00 A.M. ET to discuss the Company’s first quarter operating and financial results. The conference call will be available live via the internet by accessing the investor relations section of EXL’s website at ir.exlservice.com, where an accompanying investor-friendly spreadsheet of historical operating and financial data can also be accessed. Please access the website at least fifteen minutes prior to the call to register, download and install any necessary audio software.
To join the live call, please register here. A dial-in and unique PIN will be provided to join the call. For those who cannot access the live broadcast, a replay will be available on the EXL website ir.exlservice.com for a period of twelve months.
About ExlService Holdings, Inc.
EXL (NASDAQ: EXLS) is a global data and artificial intelligence ("AI") company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare and life sciences, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have over 67,000 employees spanning six continents. For more information, visit www.exlservice.com.
Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, risks related to the use of AI technology, impact on client demands by our selling cycles, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, and risks related to the international nature of our business and other factors are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by applicable law.
EXLSERVICE HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(In thousands, except per share amount and share count)
Three months ended March 31, 2026 2025 Revenues, net$ 570,351 $ 501,019 Cost of revenues(1) 348,270 307,705 Gross profit(1) 222,081 193,314 Operating expenses: General and administrative expenses 69,051 59,417 Selling and marketing expenses 47,201 41,925 Depreciation and amortization expense 14,003 13,557 Total operating expenses 130,255 114,899 Income from operations 91,826 78,415 Foreign exchange gain, net 1,135 1,192 Interest expense (3,951) (4,144)Other income, net 2,391 4,703 Income before income tax expense and earnings from equity affiliates 91,401 80,166 Income tax expense 24,318 13,496 Income before earnings from equity affiliates 67,083 66,670 Loss from equity-method investment (2) (109)Net income$ 67,081 $ 66,561 Earnings per share: Basic$ 0.43 $ 0.41 Diluted$ 0.43 $ 0.40 Weighted average number of shares used in computing earnings per share: Basic 156,049,147 162,490,179 Diluted 156,904,203 164,557,333 (1) Exclusive of depreciation and amortization expense. EXLSERVICE HOLDINGS, INC.
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(In thousands, except per share amount and share count)
As of March 31, 2026 December 31, 2025 Assets Current assets: Cash and cash equivalents$ 145,405 $ 146,326 Short-term investments 108,358 182,041 Restricted cash 12,409 12,392 Accounts receivable, net 388,563 343,105 Other current assets 142,626 146,093 Total current assets 797,361 829,957 Property and equipment, net 109,388 111,821 Operating lease right-of-use assets 92,980 97,411 Restricted cash 6,964 7,251 Deferred tax assets, net 140,602 129,968 Goodwill 418,659 419,654 Other intangible assets, net 32,978 36,204 Long-term investments 17,532 8,198 Other assets 59,915 61,771 Total assets$ 1,676,379 $ 1,702,235 Liabilities and stockholders’ equity Current liabilities: Accounts payable$ 11,260 $ 4,753 Current portion of long-term borrowings 4,886 4,886 Deferred revenue 22,905 15,356 Accrued employee costs 71,604 146,775 Accrued expenses and other current liabilities 171,934 135,498 Current portion of operating lease liabilities 16,925 16,857 Total current liabilities 299,514 324,125 Long-term borrowings, less current portion 412,491 293,712 Operating lease liabilities, less current portion 84,277 88,167 Deferred tax liabilities, net 1,707 2,125 Other non-current liabilities 99,586 81,401 Total liabilities 897,575 789,530 Commitments and contingencies Stockholders’ equity: Preferred stock, $0.001 par value; 15,000,000 shares authorized, none issued — — Common stock, $0.001 par value; 400,000,000 shares authorized, 209,929,764 shares issued and 152,999,425 shares outstanding as of March 31, 2026 and 208,855,566 shares issued and 156,430,028 shares outstanding as of December 31, 2025 210 209 Additional paid-in capital 674,662 677,562 Retained earnings 1,600,060 1,532,979 Accumulated other comprehensive loss (237,374) (180,727)Total including shares held in treasury 2,037,558 2,030,023 Less: 56,930,339 shares as of March 31, 2026 and 52,425,538 shares as of December 31, 2025, held in treasury, at cost (1,258,754) (1,117,318)Total stockholders’ equity 778,804 912,705 Total liabilities and stockholders’ equity $ 1,676,379 $ 1,702,235 EXLSERVICE HOLDINGS, INC. Reconciliation of Adjusted Financial Measures to GAAP Measures
In addition to its reported operating results in accordance with U.S. generally accepted accounting principles (GAAP), EXL has included in this release certain financial measures that are considered non-GAAP financial measures, including the following:
(i)Adjusted operating income and adjusted operating income margin; (ii)Adjusted EBITDA and adjusted EBITDA margin; (iii)Adjusted net income and adjusted diluted earnings per share; and (iv)Revenue growth on a constant currency basis. These non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles, should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and may be different from non-GAAP financial measures used by other companies. Accordingly, the financial results calculated in accordance with GAAP and reconciliations from those financial statements should be carefully evaluated. EXL believes that providing these non-GAAP financial measures may help investors better understand EXL’s underlying financial performance. Management also believes that these non-GAAP financial measures, when read in conjunction with EXL’s reported results, can provide useful supplemental information for investors analyzing period-to-period comparisons of the Company’s results and comparisons of the Company’s results with the results of other companies. Additionally, management considers some of these non-GAAP financial measures to determine variable compensation of its employees. The Company believes that it is unreasonably difficult to provide its earnings per share financial guidance in accordance with GAAP, or a qualitative reconciliation thereof, for a number of reasons, including, without limitation, the Company’s inability to predict its future stock-based compensation expense under ASC Topic 718, the amortization of intangibles associated with future acquisitions and the currency fluctuations and associated tax effects. As such, the Company presents guidance with respect to adjusted diluted earnings per share. The Company also incurs significant non-cash charges for depreciation that may not be indicative of the Company’s ability to generate cash flow.
EXL non-GAAP financial measures exclude, where applicable, stock-based compensation expense, amortization of acquisition-related intangible assets, certain defined social security contributions, other acquisition-related expenses or benefits and effect of any non-recurring tax adjustments. Acquisition-related expenses or benefits include changes in the fair value of contingent consideration, external deal costs, integration expenses, direct and incremental travel costs and non-recurring benefits or losses. Our adjusted net income and adjusted diluted EPS also excludes the effects of income tax on the above pre-tax items, as applicable. The effects of income tax of each item is calculated by applying the statutory rate of the local tax regulations in the jurisdiction in which the item was incurred.
EXL provides information about revenues on a constant currency basis so that the revenues may be viewed without the impact of foreign currency exchange rate fluctuations compared to prior fiscal periods, thereby facilitating period-to-period comparisons of the Company's underlying business performance. Revenue growth on a constant currency basis is calculated by restating current-period activity using the prior fiscal period's foreign currency exchange rates adjusted for hedging gains/losses in such period. Foreign currency translation impacted revenue growth, primarily driven by movements in the U.S. dollar against the Indian rupee (INR), the U.K. pound sterling (GBP), and Australian dollar (AUD).
A limitation of using non-GAAP financial measures versus financial measures calculated in accordance with GAAP is that non-GAAP financial measures do not reflect all of the amounts associated with our operating results as determined in accordance with GAAP and exclude costs that are recurring, namely stock-based compensation and amortization of acquisition-related intangible assets. EXL compensates for these limitations by providing specific information regarding the GAAP amounts excluded from non-GAAP financial measures to allow investors to evaluate such non-GAAP financial measures.
The following table shows the reconciliation of these non-GAAP financial measures for the three months ended March 31, 2026 and March 31, 2025, and the three months ended December 31, 2025:
Reconciliation of Adjusted Operating Income and Adjusted EBITDA
(Amounts in thousands)
Three months ended March 31, December 31, 2026
2025
2025
Net income (GAAP)$ 67,081 $ 66,561 $ 60,246 add: Income tax expense 24,318 13,496 15,230 add/(subtract): Foreign exchange gain/(loss), net, interest expense, gain/(loss) from equity-method investment and other income/(loss), net 427 (1,642) 2,547 Income from operations (GAAP)$ 91,826 $ 78,415 $ 78,023 add: Stock-based compensation expense 22,101 19,187 20,751 add: Amortization of acquisition-related intangibles 3,226 3,246 3,307 Adjusted operating income (Non-GAAP)$ 117,153 $ 100,848 $ 102,081 Adjusted operating income margin as a % of Revenue (Non-GAAP) 20.5% 20.1% 18.8%add: Depreciation on long-lived assets 10,777 10,311 13,037 Adjusted EBITDA (Non-GAAP)$ 127,930 $ 111,159 $ 115,118 Adjusted EBITDA margin as a % of revenue (Non-GAAP) 22.4% 22.2% 21.2% Reconciliation of Adjusted Net Income and Adjusted Diluted Earnings Per Share
(Amounts in thousands, except per share amount) Three months ended March 31, December 31, 2026 2025 2025 Net income (GAAP)$ 67,081 $ 66,561 $ 60,246 add: Stock-based compensation expense 22,101 19,187 20,751 add: Amortization of acquisition-related intangibles 3,226 3,246 3,307 add: Changes in fair value of contingent consideration — — 2,300 add/(subtract): Other tax expenses/(benefits) (a) — — 267 add: Amortization of prior service cost (b) 521 — — subtract: Tax impact on stock-based compensation expense (c) (1,316) (9,105) (5,895)subtract: Tax impact on amortization of acquisition-related intangibles (812) (799) (892)subtract: Tax impact on amortization of prior service cost (133) — — Adjusted net income (Non-GAAP)$ 90,668 $ 79,090 $ 80,084 Adjusted diluted earnings per share (Non-GAAP)$ 0.58 $ 0.48 $ 0.50
(a) To exclude tax expenses related to certain deferred tax assets and liabilities.
(b) To exclude amortization of prior service cost arising from the implementation of the new Labor Codes in India.
(c) Tax impact includes $1,280 and $14,526 for the three months ended March 31, 2026 and 2025, respectively, and $1,138 for the three months ended December 31, 2025, related to discrete benefit recognized in income tax expense in accordance with ASU No. 2016-09, Compensation - Stock Compensation.
Contacts:
Investor Relations
Andrew Thut
Head of Investor Relations and Capital Markets [email protected]
ExlService Holdings (EXLS - Free Report) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +8.61%. A quarter ago, it was expected that this provider of outsourcing services would post earnings of $0.46 per share when it actually produced earnings of $0.5, delivering a surprise of +8.7%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
ExlService Holdings, which belongs to the Zacks Computers - IT Services industry, posted revenues of $570.35 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.19%. This compares to year-ago revenues of $501.02 million. The company has topped consensus revenue estimates four 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.
ExlService Holdings shares have lost about 28.4% since the beginning of the year versus the S&P 500's gain of 4.8%.
What's Next for ExlService Holdings?While ExlService Holdings 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 ExlService Holdings 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 $0.53 on $567.31 million in revenues for the coming quarter and $2.18 on $2.3 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, Computers - IT Services is currently in the top 39% 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.
Another stock from the same industry, Serve Robotics Inc. (SERV - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.
This company is expected to post quarterly loss of $0.65 per share in its upcoming report, which represents a year-over-year change of -306.3%. The consensus EPS estimate for the quarter has been revised 1.6% lower over the last 30 days to the current level.
Serve Robotics Inc.'s revenues are expected to be $2.34 million, up 430.7% from the year-ago quarter.
Key Takeaways Innodata posted 48% 2025 revenue growth and sees 35% growth in 2026, despite project volatility.EXLS Q1 2026 revenue rose 13.8% to $570.4M; nearly 60% now tied to data and AI-led services.Innodata trades at 33.6x forward P/E vs 13.5x for EXLS, underscoring growth vs stability. The data and artificial intelligence services space is evolving rapidly as enterprises scale generative AI, automation and analytics across operations. Within this landscape, Innodata Inc. (INOD - Free Report) and ExlService Holdings, Inc. (EXLS - Free Report) represent two distinct but increasingly comparable plays on the same theme—data-driven AI enablement.
Innodata is emerging as a specialized, high-growth data engineering partner focused on training, evaluating and optimizing AI models, particularly in generative AI and agentic systems. ExlService, by contrast, operates at a much larger scale, blending data, AI and digital operations to deliver enterprise-wide transformation across industries like insurance, healthcare and banking.
Both companies are benefiting from rising enterprise AI adoption, stronger demand for data-centric services and increasing complexity in model deployment. However, they differ meaningfully in scale, growth trajectory, innovation intensity and valuation. Let’s take a closer look at the fundamentals of both stocks to assess which offers the more compelling investment opportunity at this point.
The Case for Innodata StockInnodata has built a compelling growth story by positioning itself at the core of the generative AI value chain. The company’s strength lies in its ability to engineer high-quality datasets, evaluate model performance and improve AI systems across their lifecycle. This positioning is increasingly critical as enterprises shift from experimentation to production-scale AI deployment.
The company’s latest results highlight strong momentum. Revenue rose 22% year over year in the fourth quarter of 2025 to $72.4 million, while 2025 revenues surged 48% to $251.7 million, reflecting accelerating demand for its services. Profitability is also improving, with adjusted EBITDA rising 68% for the year, indicating operating leverage despite continued investment.
What stands out is Innodata’s deep alignment with next-generation AI trends. Management is investing heavily in areas such as generative AI model training, agentic AI evaluation systems and physical AI (robotics). The company is also moving up the value chain—from being a data supplier to becoming a lifecycle partner for AI systems. This transition is strategically significant and could drive higher margins and stickier client relationships over time.
Growth visibility remains strong. Management expects revenue growth of approximately 35% or more in 2026, with potential upside as new programs scale. Importantly, demand is broadening beyond its largest customer, with opportunities across hyperscalers, enterprise AI labs and sovereign AI initiatives.
However, the story is not without risks. Innodata’s business remains project-based, with revenue timing tied to customer ramp schedules and AI development cycles. The company also faces customer concentration risk and inherent volatility in emerging AI workloads. Additionally, continued investments in talent and infrastructure could pressure margins in the near term.
Still, Innodata’s high-growth profile, strong positioning in generative AI and expanding innovation pipeline make it one of the more dynamic players in the AI data ecosystem.
The Case for ExlService StockExlService offers a more diversified and scaled approach to AI-driven services. The company combines data, analytics and digital operations to deliver end-to-end transformation across multiple industries, giving it a broader and more stable revenue base.
The company’s first-quarter 2026 performance underscores this consistency. Revenues increased 13.8% year over year to $570.4 million, while adjusted earnings per share (EPS) grew 20.2% to 58 cents. Growth is supported by strong demand across insurance, healthcare and banking segments, along with increasing adoption of AI-led solutions.
One of ExlService’s key strengths is its diversified revenue mix. No single client or use case dominates, reducing volatility compared with smaller, specialized peers. Its scale—over $2.3 billion in expected 2026 revenues—also provides operational stability and pricing power.
The company is steadily integrating AI into its service offerings, with nearly 60% of revenue now tied to data and AI-led services, which are growing faster than the rest of the business. Strategic partnerships with major platforms like NVIDIA, AWS and Google Cloud further strengthen its competitive position and enhance its ability to deliver enterprise-grade AI solutions.
Margins are another positive. ExlService continues to expand operating margins, supported by automation, productivity gains and a higher mix of analytics-led services. The company also raised its 2026 guidance, reflecting confidence in demand trends.
That said, growth remains more moderate compared with high-growth AI specialists like Innodata. Revenue growth is expected in the 10–12% range for 2026, significantly below Innodata’s projected trajectory. The company also operates in a competitive outsourcing and digital services market, where pricing pressure and macro uncertainty can affect demand.
Additionally, while ExlService is investing in AI, its positioning is more incremental rather than transformational. It is embedding AI into existing services rather than leading cutting-edge innovation in areas like model training or agentic AI.
Momentum Check: Stock Performance TrendsBoth stocks have underperformed broader markets in 2026, reflecting investor caution toward AI services names after strong prior gains. Innodata shares have plunged 17.8% year to date, while ExlService has plummeted more sharply by 27.8%. This compares with a 4.5% gain for the S&P 500.
However, recent momentum tells a different story. Over the past month, Innodata stock has rebounded strongly, gaining 21.6%, while ExlService has remained largely flat with a 0.3% increase.
This divergence suggests improving sentiment toward Innodata’s growth story, while ExlService continues to trade more defensively.
INOD vs EXLS Price Performance (1-Month)
Image Source: Zacks Investment Research
Valuation Perspective: Growth vs. Stability Trade-offValuation highlights a clear contrast between the two names.
Innodata trades at a forward 12-month P/E of 33.6X, reflecting its high-growth profile and strong exposure to generative AI trends. ExlService, in comparison, trades at a much lower 13.5X forward earnings multiple, indicating a more mature growth outlook and lower perceived risk.
The premium valuation for Innodata appears justified by its faster growth and strategic positioning in emerging AI segments. However, it also leaves less room for execution missteps. ExlService’s lower valuation offers a margin of safety but may limit upside unless growth accelerates.
INOD vs EXLS Valuation – P/E F12M
Image Source: Zacks Investment Research
Earnings Outlook: Estimate Revision TrendsEarnings estimate trends for both companies have remained stable in the near term.
For Innodata, the Zacks Consensus Estimate for 2026 EPS has remained unchanged at $1.01 over the past 30 days, implying 9.8% growth. Revenue is expected to grow 36%, reinforcing its high-growth narrative.
INOD Estimate
Image Source: Zacks Investment Research
ExlService’s 2026 EPS estimate is also unchanged at $2.18, reflecting 11.8% expected growth. Revenue is projected to increase 10.3%, consistent with management’s guidance.
EXLS Estimate
Image Source: Zacks Investment Research
The lack of upward revisions for both stocks suggests a wait-and-watch approach among analysts, particularly given macro uncertainties and evolving AI spending patterns.
Final Take: Which Stock Has the Edge?Both Innodata and ExlService offer exposure to the expanding AI data services market, but they cater to different investor profiles.
Innodata stands out as a high-growth, innovation-led player with strong positioning in generative AI, agentic systems and data engineering. Its accelerating revenue growth, expanding customer base and evolving role as a strategic AI partner provide meaningful upside potential. However, this comes with higher volatility and execution risk.
ExlService, on the other hand, offers stability, diversification and consistent execution. Its large-scale operations, strong client base and steady AI integration make it a more defensive play. But EXLS — a Zacks Rank #4 (Sell) stock — with its slower growth profile and less differentiated AI positioning may limit long-term upside.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Innodata — carrying a Zacks Rank #3 (Hold) — with its superior growth outlook, stronger exposure to high-value AI segments and improving momentum, gives it a clearer path to outperform, despite its higher valuation. For investors willing to accept higher risk in exchange for stronger growth potential, Innodata appears to be the more compelling AI data stock at current levels.
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced it has been honored with the 2026 CSO Award for Application Security for EXL SARA™, its AI-powered Security Architecture Review Automation (SARA) that has transformed the way security architecture and risk reviews are conducted.
SARA leverages advanced AI technologies to augment and streamline security architecture reviews across cloud and enterprise environments. By embedding security and privacy controls at the design phase, SARA applies an early-stage approach to optimize the software development lifecycle. This enables proactive, self-service risk capabilities to identify and address risk earlier in the development process, enabling faster and secure solutions with stronger enterprise risk posture.
“This recognition reflects EXL’s continued commitment to driving innovation with responsible and secure AI adoption,” said Baljinder Singh, executive vice president and global chief information officer at EXL. “SARA demonstrates the impact of combining advanced AI technologies with a security-by-design approach. By leveraging AI-driven architecture reviews, we are accelerating trusted solution delivery while strengthening governance and cybersecurity excellence.”
“This year’s award winners show how security teams have repositioned themselves as strategic business enablers,” said Beth Kormanik, content director of the CSO Cybersecurity Awards & Conference. “They tackle business challenges by leveraging new technology and ideas and delivering detailed planning and strong execution. Their organizations are stronger for these efforts that protect revenue continuity, improve resilience, and strengthen compliance. We congratulate them and look forward to celebrating them at the CSO Cybersecurity Awards & Conference.”
The CSO Awards recognizes organizations that demonstrate exceptional innovation and measurable impact in cybersecurity. EXL’s recognition highlights its leadership in applying AI-driven solutions to address critical security challenges, reduce operational risk and enable sustainable growth in today’s rapidly evolving data and AI landscape.
About EXL
EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world's leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 67,000 employees spanning six continents. For more information, visit www.exlservice.com.
About CSO
CSO serves enterprise security decision-makers and users with the critical information they need to stay ahead of evolving threats and defend against criminal cyberattacks. With incisive content that addresses all security disciplines, from risk management to network defense to fraud and data loss prevention, CSO offers unparalleled depth and insight to support key decisions and investments for IT security professionals. www.csoonline.com
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About the CSO Awards and CSO Hall of Fame Award Inductees
The CSO Awards recognize organizations for security projects and initiatives demonstrating outstanding business value and thought leadership. The CSO Hall of Fame honors leaders who have significantly contributed to advancing information risk management and security. Inductees exemplify the qualities of leadership and excellence and, by their example, contribute to improving security across all organizations. Award winners are honored at the CSO Cybersecurity Awards & Conference.
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Foundry helps companies bring their visions to reality through a combination of media, marketing technologies, and proprietary data on a global scale. Our platforms are powered by data from an owned and operated ecosystem of global editorial brands, awards, and events, all engineered and integrated to drive marketing campaigns for technology companies.
Foundry is one of the world's leading tech media, data, and marketing services companies, and is the proud owner of the global tech sector's most revered media brands including CIO, CSO, Network World, InfoWorld, PC World and Macworld.
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.
NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced the appointment of Bhupender Singh as president and head of international growth markets. He will report to Rohit Kapoor, chairman and chief executive officer of EXL and will be an executive committee member.
In this role, Singh will serve as the head of international growth markets for EXL and take the lead in accelerating growth for the EMEA and APAC regions. He will be responsible for architecting go-to-market strategies for diverse economies, uniting cross-cultural teams under a single high-performance banner and establishing EXL as the premier data and AI partner in these markets.
“Bhupender is a proven leader with a rare combination of scale, strategic vision and operational excellence,” said Kapoor. “He has led large organizations with billions in revenue across complex markets, consistently delivering industry-leading performance. As EXL continues to rapidly grow and expand its leadership position in data and AI, Bhupender’s deep international expertise and track record of transformative results will be a tremendously valuable asset.”
“I have long been an admirer of EXL, the way it weaves together deep domain expertise, advanced analytics and AI to drive meaningful business outcomes for its clients,” said Singh. “EXL is at an inflection point, with the capabilities, the talent and the momentum to become a leader in data and AI across international markets. I am energized by that opportunity and excited to help EXL seize it.”
Bhupender brings more than 25 years of senior leadership experience across global technology-enabled services. Most recently, he was the president and Co-CEO of Teleperformance SE (Euronext: TEP) a leader in global business services. During his six-year tenure, he oversaw a business that spanned 93 countries, served over 2,000 corporate clients, and helped deliver revenues exceeding €10 billion. Prior to Teleperformance, Bhupender was the CEO of Intelenet Global Services, a business process management company where he helped deliver 60%+ organic revenue growth and more than double EBITDA.
Singh holds an MBA from the Indian Institute of Management Ahmedabad and a Bachelor of Technology from the Indian Institute of Technology Mumbai.
About EXL
EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world's leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 67,000 employees spanning six continents. For more information, visit www.exlservice.com.
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, risks related to the use of AI technology, impact on client demands by our selling cycles, our ability to hire and retain sufficiently trained employees, our ability to accurately estimate and/or manage costs, and risks related to the international nature of our business, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ec0596c6-cae4-4060-b7dc-1b6ccd7675d5
EXL appoints Bhupender Singh as President and Head of International Growth Markets EXL welcomes Bhupender Singh as President and Head of International Growth Markets. Reporting to Cha...
INOD shares have nearly doubled since Q1 results, as revenues jump 54% and guidance is raised. Meanwhile, a lofty 73.4x forward P/E has investors weighing profit-taking.
ExlService NASDAQ: EXLS executives used the company’s 2026 Investor Day to outline a strategy centered on enterprise adoption of artificial intelligence, arguing that the company’s mix of data management, domain expertise and operations experience positions it for continued double-digit growth.
Chairman and CEO Rohit Kapoor said EXL aims to be a “strategic trusted partner” for enterprise clients as they adopt and implement AI. He said the company’s shareholder objective is to deliver “sustained market-leading growth of revenue and profit.”
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Kapoor said AI is creating both excitement and uncertainty, but cautioned that enterprise clients will not generate significant business value from AI through plug-and-play deployments alone. He said clients need organized data, business context, model fine-tuning, monitoring, governance and risk mitigation.
“Unless and until you apply the knowledge and mastery on data and you bring together the data and make it ready for AI,” Kapoor said, companies cannot get to desired outcomes. He added that AI will eliminate some roles but will also augment human work and expand the total addressable market by moving human involvement toward more complex and judgment-based tasks.
Executives Emphasize Data, Context and AI Vikas Bhalla, president and head of the AI Services and Operations Strategic Growth Unit, said enterprise AI adoption has moved from experimentation toward production-grade use in core business operations. He said clients are focused on whether AI can create measurable customer and business impact, scale in select workflows and provide trust through audit trails and evidence for decisions.
Bhalla said EXL’s approach is built around three elements: data, context and AI. He said data must be accessible, able to handle structured and unstructured sources, and supported by lineage, knowledge graphs, governance and quality controls. He also said context includes both industry domain knowledge and client-specific workflows, systems, policies and customer preferences.
Bhalla said EXL has created agentic platforms to accelerate deployment, including EXLdata.ai, EXLdecision.ai and EXLerate.ai. He said the company’s operations and data-and-AI businesses are increasingly reinforcing each other, using the example of claims work where operational knowledge informs AI models and analytics insights improve operating workflows.
Client Examples Highlight AI Use Cases Vivek Jetley, president and head of analytics, insurance, healthcare and life sciences, said EXL has 115 clients in the Fortune 2000, more than 400 clients using its data and AI work, average client tenure of more than 10 years and a 94% AI deployment success rate.
Jetley said EXL is seeing client demand in four areas:
Preparing data for AI; Providing AI services to redesign workflows; Running operations in an AI-led model; Delivering integrated solutions using EXL proprietary technology and outcome-based pricing. He cited a top 20 global insurer where EXL helped build data pipelines for underwriting and claims work, which expanded a 10-year operational relationship into work with the client’s chief information and data teams. He also described a mid-sized client where EXL shifted a potential small outsourcing opportunity into a multi-year AI-first business transformation program.
Jetley said EXL’s Smart Agent Assist product helped a large U.K. retailer increase agent productivity, leading the client to adopt EXL’s AI more broadly. He said EXL’s revenue from that client rose 20% despite some reduction in manual work because the company gained a larger scope.
In collections, Jetley said EXL built an end-to-end digital platform that uses analytics to determine outreach and treatment strategies. He said the platform has produced a 20% reduction in charge-offs for a client and is now used with more than 20 clients. In Payment Integrity, he said EXL identified $3.2 billion of claims for clients last year and runs a prepay and post-pay program for one large client that is delivering more than $600 million in annual savings.
Financial Model and Guidance Chief Financial Officer Maurizio Nicolelli said EXL has outgrown peers over the last nine quarters, including nearly 14% revenue growth in the first quarter of 2026 compared with peers at about 6%. He said the company’s goal remains to grow adjusted earnings per share faster than revenue.
Nicolelli said EXL’s gross margin expanded 350 basis points from 2020 to 2025, adjusted operating margin expanded 360 basis points and return on invested capital increased by more than 1,100 basis points. He said the company’s data-and-AI-led business grew 21% over that five-year period, excluding AI-embedded operations, while total operations grew 14%.
According to Nicolelli, data-and-AI-led revenue represented 55% of total revenue in 2025, up from 38% in 2020, and increased to 60% in the first quarter of 2026. He said more than three-quarters of revenue is recurring, defined as contracted for one year or more, and that net revenue retention was greater than 1.1 in 2025 and the first quarter of 2026.
EXL reiterated that it raised 2026 revenue growth guidance after the first quarter to 10% to 12%, up from an initial 9% to 11%. The company also raised adjusted EPS growth guidance to 12% to 14%, from 10% to 12%. Nicolelli said EXL expects double-digit year-over-year revenue growth through its medium-term target period, which he defined as 2026 and 2027.
Capital Allocation and AI Investment Nicolelli said EXL generated nearly $300 million of free cash flow in 2025, up 34% from the prior year, and ended the first quarter with leverage below 1x. He said the company expects a more balanced capital allocation approach between M&A and stock repurchases, after leaning more toward buybacks in recent years.
Kapoor said EXL has increased investments by almost four times and will continue to pursue strategic acquisitions to build capability. He also announced that Bhupender Singh joined the company as president and head of international growth markets, saying international expansion is a key priority.
During the question-and-answer session, executives said more than 30% of EXL’s revenue is outcome-based. They also said AI-related changes have shortened internal planning cycles from three years reviewed annually to quarterly reviews, reflecting the rapid pace of technology change.
About ExlService NASDAQ: EXLSExlService Holdings, Inc NASDAQ: EXLS is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.
Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.
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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ExlService Holdings is transitioning from legacy outsourcing to a data and AI-led enterprise, now generating 60% of revenue from AI solutions. EXLS delivered 13.8% YoY revenue growth and 20.2% adjusted EPS growth in Q1 2026, with expanding margins and robust recurring revenue. I see at least 22-44% upside, with fair value in the $37–$44 range near term and more as the market recognizes its AI-driven business mix.
NEW YORK, June 04, 2026 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced the integration of NVIDIA’s Build Your Own Transaction Foundation Model developer example into its AI and analytics offerings, enabling financial institutions to rapidly build and deploy transaction intelligence applications powered by their own proprietary data.
As banks, payments firms and insurers move beyond fragmented, task-specific AI models, EXL is helping clients operationalize unified, transformer-based transaction models across fraud detection, risk management, personalization and recommendation use cases.
Built on NVIDIA’s accelerated computing platform, the Build Your Own Transaction Foundation Model developer example enables organizations to train and fine-tune models on billions of transaction events—including payments, transfers, product interactions and behavior signals — to create a richer, contextual understanding of customer behavior and financial activity.
“Every financial institution is sitting on decades of transaction data that holds the answer to their biggest challenges — fraud, risk, underwriting, customer experience,” said Kevin Levitt, senior director of global business development for the financial services industry at NVIDIA. “By integrating the Build Your Own Transaction Foundation Model developer example with EXL’s deep financial services expertise, financial institutions create a shared intelligence fabric that drives smarter decisions and better customer outcomes.”
By embedding the developer example into EXLerate.ai™, EXL helps financial institutions build, customize and operationalize transaction foundation models using their own proprietary datasets. This reduces reliance on fragmented legacy systems and manual feature engineering, while accelerating the transition from siloed, rules-based systems to intelligent, adaptive transaction monitoring and decision systems. These capabilities speed the deployment of AI-powered applications across the enterprise and support high-value use cases including, fraud detection, anomaly identification, personalization, recommendation engines and intelligent decisioning.
“The next frontier of enterprise AI is built on unified transaction intelligence,” said Vikas Sharma, head of the banking and capital markets at EXL. “For years, firms have built separate models for fraud, underwriting, risk and customer engagement, but the future belongs to institutions that can create a unified intelligence layer across all transaction activity. By leveraging this new blueprint with EXL’s deep domain expertise and AI engineering capabilities, we are helping clients build that foundation faster and at enterprise scale.”
This announcement expands EXL’s collaboration with NVIDIA and deepens its ability to help enterprises operationalize foundation models, agentic AI and industry-specific AI solutions at scale.
For more information about EXL’s AI solutions, visit here.
About EXL
EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world's leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 67,000 employees spanning six continents. For more information, visit www.exlservice.com.
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.
, /PRNewswire/ -- Paying healthcare providers is far from straightforward. Frequent policy changes, complex contracts, and diverse payment methods make reimbursement a moving target. Traditional rules-based systems can't keep pace with today's data volume or easily adapt to evolving requirements, leaving many organizations stuck with manual fixes, delays, rising administrative costs, and shrinking margins as denials continue to increase across the industry.
To address these challenges, EXL is collaborating with Lifemed to disrupt and advance modern revenue cycle management (RCM) through AI-powered automation. Instead of relying on generic industry datasets, their AI capabilities use deep learning to analyze a provider's unique historical data. This adaptive solution processes medical, contractual, and financial data in real time, transforming RCM from a reactive process into a proactive one by identifying errors, automating compliance checks, optimizing billing codes, and autonomously managing denials and appeals with minimal human intervention prior to submitting the claim to the payer. As a result, healthcare provider organizations can accelerate reimbursements, increase revenue, and free up staff to focus on complex, high-risk cases.
"At EXL, we're thrilled to collaborate with Lifemed to deliver a truly differentiated solution that redefines how providers handle their revenue cycle," said Trevor Jares, vice president of Integrated Revenue Management Solutions at EXL. "By integrating intelligence, automation, and real-time insights, we're driving a more efficient, next-generation approach to claims management – from submission through adjudication – we will be able to arm providers with a technology that will deliver a significant positive impact on their margins."
"Our collaboration with EXL represents a major leap in revenue cycle innovation," said Darian Rodriguez, executive vice president of Revenue Cycle Automation at Lifemed. "Together, we can accelerate the adoption of smarter, more efficient RCM workflows that shift operations from reactive error correction to proactive prevention aided by our Deepclaim neural network AI real-time pre-adjudication capabilities, helping providers recover more revenue, operate at maximum efficiency, and focus on delivering better care outcomes."
This solution boosts financial performance, decreases denials, and optimizes the revenue cycle, delivering 10–25% higher net revenue, cutting accounts receivables (AR) days by 30% or more and reducing related staffing workload by over 80%.
Contact us to discover how you can empower your data to achieve faster, more accurate payments with a risk-free assessment and 90-day pilot – now available and conducted live in your environment at no cost.
About Lifemed
Lifemed is a healthcare technology company redefining revenue cycle management through AI-powered automation. Its flagship platform, Deepclaim, leverages a proprietary deep learning neural network to analyze a provider's unique historical data in real time — automating compliance checks, optimizing billing codes, and autonomously managing denials and appeals before claims ever reach the payer. Unlike traditional rules-based systems, Deepclaim adapts continuously to evolving payer policies and contract complexity, transforming revenue cycle operations from reactive error correction to proactive prevention. Lifemed's solutions have delivered measurable outcomes for health systems nationwide, including significant improvements in net patient service revenue, reductions in AR days, and decreased administrative overhead. Learn more at lifemed.ai.
About EXL
EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world's leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 67,000 employees spanning six continents. For more information, visit www.exlservice.com.
Investors looking for stocks in the Computers - IT Services sector might want to consider either ExlService Holdings (EXLS - Free Report) or ServiceNow (NOW - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
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.
ExlService Holdings and ServiceNow are sporting Zacks Ranks of #2 (Buy) and #4 (Sell), respectively, right now. This means that EXLS'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 try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
EXLS currently has a forward P/E ratio of 13.20, while NOW has a forward P/E of 27.60. We also note that EXLS has a PEG ratio of 1.00. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. NOW currently has a PEG ratio of 1.07.
Another notable valuation metric for EXLS is its P/B ratio of 5.78. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, NOW has a P/B of 10.04.
These are just a few of the metrics contributing to EXLS's Value grade of B and NOW's Value grade of D.
EXLS sticks out from NOW in both our Zacks Rank and Style Scores models, so value investors will likely feel that EXLS is the better option right now.
Analysts expect the company to report quarterly earnings of $2.65 per share. That’s down from $2.79 per share in the year-ago period. The consensus estimate for Concentrix's quarterly revenue is $2.49 billion (it reported $2.37 billion last year), according to Benzinga Pro.
After Concentrix beat the analyst consensus in Q4 2025, some investors may be eyeing potential gains from the company's dividends. As of now, the company has an annual dividend yield of 4.68%, which is a quarterly dividend amount of 36 cents per share ($1.44 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $128,260 or around 4,167 shares. For a more modest $100 per month or $1,200 per year, you would need $25,640 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 / $1.44 = 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: Compute the dividend yield 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 6.4% to close at $30.78 on Wednesday.
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Shares of Concentrix Corporation (NASDAQ: CNXC - Get Free Report) have been assigned an average recommendation of "Hold" from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the
Delivers revenue and profit within guidanceMaintains consistent full year outlook Strong momentum in iX Suite enterprise wins
NEWARK, Calif., March 24, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal first quarter ended February 28, 2026.
Three Months Ended February 28, 2026 February 28, 2025 ChangeRevenue($M)$2,500.4 $2,372.2 5.4%Operating income($M)$118.6 $168.9 (29.8)%Non-GAAP operating income($M)(1)$295.0 $321.5 (8.2)%Operating margin 4.7% 7.1% -240 bpsNon-GAAP operating margin(1) 11.8% 13.6% -180 bpsNet income($M)$21.6 $70.3 (69.3)%Non-GAAP net income($M)(1)$168.2 $188.1 (10.6)%Adjusted EBITDA($M)(1)$348.2 $374.2 (6.9)%Adjusted EBITDA margin(1) 13.9% 15.8% -190 bpsDiluted earnings per common share$0.33 $1.04 (68.3)%Non-GAAP diluted earnings per common share(1)$2.61 $2.79 (6.5)% (1) 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.
First Quarter Fiscal 2026 Highlights:
Revenue of $2,500.4 million, an increase of 5.4% year-on-year on an as reported basis compared to revenue of $2,372.2 million in the prior year first quarter. The Company grew revenue 1.9% year-on-year on a constant currency basis.Operating income of $118.6 million, or 4.7% of revenue, compared to $168.9 million, or 7.1% of revenue, in the prior year first quarter.Non-GAAP operating income of $295.0 million, or 11.8% of revenue, compared with $321.5 million, or 13.6% of revenue in the prior year first quarter.Adjusted EBITDA of $348.2 million, or 13.9% of revenue, compared with $374.2 million, or 15.8% of revenue in the prior year first quarter.Cash flow used in operations was $83.2 million in the quarter. Adjusted free cash flow(1) was a use of $144.6 million in the quarter.Diluted earnings per common share (“EPS”) was $0.33 compared to $1.04 in the prior year first quarter.Non-GAAP diluted EPS was $2.61 compared to $2.79 in the prior year first quarter.
“We continue to help clients capture measurable value from AI by being a trusted partner for these solutions,” said Chris Caldwell, President and CEO of Concentrix. “Our focus continues to be on winning the right long-term programs, combining integrated technology solutions and services.”
Quarterly Dividend and Share Repurchase Program:
The Company paid a $0.36 per share quarterly dividend on February 10, 2026. The Company’s Board of Directors has declared a quarterly dividend of $0.36 per share payable on May 5, 2026, to shareholders of record at the close of business on April 24, 2026.The Company repurchased approximately 1 million shares in the first quarter of fiscal year 2026 at a cost of $42.0 million under its share repurchase program at an average cost of $40.06 per share. At February 28, 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 second quarter and the full year fiscal 2026. Non-GAAP financial measures exclude the impact of 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.
Second Quarter Fiscal 2026 Expectations:
Second quarter reported revenue of $2.460 billion to $2.485 billion. Based on current exchange rates, these expectations assume an approximate 75-basis point positive impact of foreign exchange rates compared with the prior year period. The guidance implies constant currency revenue growth for the quarter ranging from 1.0% to 2.0%.Operating income of $128 million to $138 million and non-GAAP operating income of $290 million to $300 million.Non-GAAP diluted EPS of $2.57 to $2.69, assuming approximately 60.9 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 25%. Full Year 2026 Expectations:
Full year reported revenue of $10.035 billion to $10.180 billion. Based on current exchange rates, these expectations assume an approximate 60-basis point positive impact of foreign exchange rates compared with the prior year. The guidance implies constant currency revenue growth for the full year of 1.5% to 3.0%.Operating income of $636 million to $686 million and non-GAAP operating income of $1,240 million to $1,290 million.Non-GAAP diluted EPS of $11.48 to $12.07, assuming approximately 60.6 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 25%. 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 (a) the inability to forecast future changes in acquisition contingent consideration, which is based, in part, on the future trading price of the Company’s common stock, and (b) 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 first quarter fiscal 2026 results today at 8:30 a.m. (ET)/5:30 a.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 us: Experience the power of Concentrix
Concentrix Corporation (NASDAQ: CNXC), a Fortune 500® company, is the global technology and services leader that powers the world’s best brands, today and into the future. We’re human-centered, tech-powered, intelligence-fueled. Every day, we design, build, and run fully integrated, end-to-end solutions at speed and scale across the entire enterprise, helping over 2,000 clients solve their toughest business challenges. Whether it’s designing game-changing brand experiences, building and scaling secure AI technologies, or running digital operations that deliver global consistency with a local touch, we have it covered. At the heart of everything we do lies a commitment to transforming the way companies connect, interact, and grow. We’re here to redefine what success means, delivering outcomes unimagined across every major vertical in 70+ markets. Virtually everywhere. Visit concentrix.com to learn more.
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, which is revenue growth 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 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, adjusted to exclude 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 excluding the tax-effected impact of 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, 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 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, 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 its 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, 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 generative artificial intelligence 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, 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 artificial intelligence (“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 on 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 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.
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) February 28, 2026 November 30, 2025 (unaudited) ASSETS Current assets: Cash and cash equivalents$222,699 $327,347 Accounts receivable, net 2,038,296 1,999,021 Assets held for sale 207,502 — Other current assets 572,718 758,135 Total current assets 3,041,215 3,084,503 Property and equipment, net 726,063 735,550 Goodwill 3,696,052 3,671,746 Intangible assets, net 1,867,038 1,960,338 Deferred tax assets 314,044 317,453 Other assets 1,030,210 991,496 Total assets$10,674,622 $10,761,086 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable$202,424 $244,771 Current portion of long-term debt 750,000 65,625 Accrued compensation and benefits 622,039 764,962 Other accrued liabilities 736,782 997,198 Income taxes payable 89,147 123,794 Liabilities held for sale 174,941 — Total current liabilities 2,575,333 2,196,350 Long-term debt, net 3,995,253 4,572,889 Other long-term liabilities 1,014,676 950,983 Deferred tax liabilities 300,946 296,519 Total liabilities 7,886,208 8,016,741 Stockholders’ equity: Preferred stock, $0.0001 par value, 10,000 shares authorized and no shares issued and outstanding as of February 28, 2026 and November 30, 2025, respectively — — Common stock, $0.0001 par value, 250,000 shares authorized; 70,546 and 70,316 shares issued as of February 28, 2026 and November 30, 2025, respectively, and 60,822 and 61,739 shares outstanding as of February 28, 2026 and November 30, 2025, respectively 7 7 Additional paid-in capital 3,814,078 3,783,972 Treasury stock, 9,724 and 8,577 shares as of February 28, 2026 and November 30, 2025, respectively (656,047) (610,162)Retained deficit (178,645) (177,010)Accumulated other comprehensive loss (190,979) (252,462)Total stockholders’ equity 2,788,414 2,744,345 Total liabilities and stockholders’ equity$10,674,622 $10,761,086 CONCENTRIX CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(currency and share amounts in thousands, except per share amounts)
(unaudited)
Three Months Ended February 28,
2026 February 28,
2025 % ChangeRevenue Technology and consumer electronics$635,089 $657,692 (3)%Retail, travel and e-commerce 649,363 583,898 11%Communications and media 394,016 371,000 6%Banking, financial services and insurance 421,605 365,193 15%Healthcare 178,830 189,805 (6)%Other 221,488 204,634 8%Total revenue$2,500,391 $2,372,222 5%Cost of revenue 1,650,734 1,516,323 9%Gross profit 849,657 855,899 (1)%Selling, general and administrative expenses 731,098 687,032 6%Operating income 118,559 168,867 (30)%Interest expense and finance charges, net 75,317 72,994 3%Other expense (income), net 14,511 (4,919) (395)%Income before income taxes 28,731 100,792 (71)%Provision for income taxes 7,142 30,535 (77)%Net income$21,589 $70,257 (69)% Earnings per common share: Basic$0.33 $1.04 Diluted$0.33 $1.04 Weighted-average common shares outstanding: Basic 61,279 64,037 Diluted 61,300 64,065 CONCENTRIX CORPORATION
RECONCILIATION OF GAAP TO NON-GAAP MEASURES
(currency and share amounts in thousands, except per share amounts)
(unaudited)
Three Months Ended February 28, 2026Revenue$2,500,391 Revenue growth, as reported under U.S. GAAP 5.4%Foreign exchange impact(3.5)%Constant currency revenue growth 1.9% Three Months Ended
February 28, 2026
February 28, 2025
Operating income$118,559 $168,867 Acquisition-related, integration and restructuring expenses(1) 34,869 18,024 Step-up depreciation 2,755 2,376 Amortization of intangibles 103,456 105,619 Loss on held for sale 5,929 — Share-based compensation 29,455 26,600 Non-GAAP operating income$295,023 $321,486 Three Months Ended February 28, 2026
February 28, 2025Net income$21,589 $70,257 Interest expense and finance charges, net 75,317 72,994 Provision for income taxes 7,142 30,535 Other expense (income), net 14,511 (4,919)Acquisition-related, integration and restructuring expenses(1) 34,869 18,024 Step-up depreciation 2,755 2,376 Amortization of intangibles 103,456 105,619 Loss on held for sale 5,929 — Share-based compensation 29,455 26,600 Depreciation (exclusive of step-up depreciation) 53,158 52,721 Adjusted EBITDA$348,181 $374,207 Three Months Ended February 28, 2026 February 28, 2025Operating margin4.7% 7.1%Non-GAAP operating margin11.8% 13.6%Adjusted EBITDA margin13.9% 15.8% Three Months Ended February 28, 2026 February 28, 2025Net income$21,589 $70,257 Acquisition-related, integration and restructuring expenses(1) 34,869 18,024 Step-up depreciation 2,755 2,376 Debt costs(2) 6,268 — Imputed interest related to sellers’ note included in interest expense and finance charges, net — 4,186 Change in acquisition contingent consideration included in other expense (income), net (416) (2,024)Foreign currency losses (gains), net(3) 12,306 (4,179)Amortization of intangibles 103,456 105,619 Loss on held for sale 5,929 — Share-based compensation 29,455 26,600 Income taxes related to the above(4) (48,057) (36,992)Income tax effect of change in tax law — 4,269 Non-GAAP net income$168,154 $188,136 Three Months Ended February 28, 2026 February 28, 2025Net income$21,589 $70,257 Less: net income allocated to participating securities(5) (1,185) (3,416)Net income attributable to common stockholders$20,404 $66,841 Three Months Ended February 28, 2026 February 28, 2025Non-GAAP net income$168,154 $188,136 Less: Non-GAAP net income allocated to participating securities(6) (8,372) (9,148)Non-GAAP income attributable to common stockholders$159,782 $178,988 Three Months Ended February 28, 2026 February 28, 2025Diluted earnings per common share (“EPS”)(5)$0.33 $1.04 Acquisition-related, integration and restructuring expenses 0.57 0.28 Step-up depreciation 0.04 0.04 Debt costs(2) 0.10 — Imputed interest related to sellers’ note included in interest expense and finance charges, net — 0.07 Change in acquisition contingent consideration included in other expense (income), net (0.01) (0.03)Foreign currency losses (gains), net 0.20 (0.07)Amortization of intangibles 1.69 1.65 Loss on held for sale 0.10 — Share-based compensation 0.48 0.42 Income taxes related to the above(4) (0.78) (0.58)Income tax effect of change in tax law — 0.07 Adjustment for participating securities(6) (0.11) (0.10)Non-GAAP Diluted EPS(6)$2.61 $2.79 Weighted-average number of common shares - diluted 61,300 64,065 Three Months Ended February 28, 2026 February 28, 2025Net cash provided by (used in) operating activities$(83,220) $1,408 Purchases of property and equipment (53,902) (50,618)Free cash flow (137,122) (49,210)Change in outstanding factoring balances (7,491) 9,394 Adjusted free cash flow$(144,613) $(39,816) Forecast Three Months Ending
May 31, 2026 Fiscal Year Ending
November 30, 2026 Low High Low HighRevenue$2,460,000 $2,485,000 $10,035,000 $10,180,000 Revenue growth, as reported under U.S. GAAP 1.75% 2.75% 2.1% 3.6%Foreign exchange impact(0.75)% (0.75)% (0.6)% (0.6)%Constant currency revenue growth 1.0% 2.0% 1.5% 3.0% Forecast Three Months Ending
May 31, 2026 Fiscal Year Ending
November 30, 2026 Low High Low HighOperating income$128,200 $138,200 $635,871 $685,871Amortization of intangibles 103,000 103,000 394,000 394,000Share-based compensation 26,000 26,000 110,000 110,000Acquisition-related, integration and restructuring expenses 30,000 30,000 85,000 85,000Step-up depreciation 2,800 2,800 9,200 9,200Loss on held for sale — — 5,929 5,929Non-GAAP operating income$290,000 $300,000 $1,240,000 $1,290,000 (1) For the three months ended February 28, 2026, acquisition-related, integration and restructuring expenses primarily included restructuring costs associated with the Company’s 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 months ended February 28, 2025, acquisition-related, integration and restructuring costs primarily included integration costs associated with our combination with Webhelp and restructuring expenses. These costs primarily include 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 three months ended February 28, 2026, debt costs included debt extinguishment costs associated with our early redemption of $600 million of our senior notes due in August 2026.
(3) 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.
(4) 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.
(5) 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 months ended February 28, 2026, dividends paid to common stockholders and participating securities exceeded net income. As a result, the allocation to participating securities in the three months ended February 28, 2026 represents dividends paid to participating securities as participating securities do not participate in undistributed losses. For the purposes of calculating diluted EPS for the three months ended February 28, 2025, net income attributable to participating securities was approximately 4.9% of net income.
(6) 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 5.0% and 4.9% of non-GAAP net income, respectively, for the three months ended February 28, 2026 and 2025, and was excluded from non-GAAP net income attributable to common shareholders to calculate non-GAAP diluted EPS.
Concentrix Corporation (CNXC - Free Report) came out with quarterly earnings of $2.61 per share, missing the Zacks Consensus Estimate of $2.64 per share. This compares to earnings of $2.79 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -1.14%. A quarter ago, it was expected that this company would post earnings of $2.91 per share when it actually produced earnings of $2.95, delivering a surprise of +1.37%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Concentrix, which belongs to the Zacks Business - Services industry, posted revenues of $2.5 billion for the quarter ended February 2026, surpassing the Zacks Consensus Estimate by 0.51%. This compares to year-ago revenues of $2.37 billion. The company has topped consensus revenue estimates four 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 20.5% since the beginning of the year versus the S&P 500's decline of 3.9%.
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 $2.74 on $2.51 billion in revenues for the coming quarter and $11.76 on $10.11 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 bottom 30% 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.
One other stock from the same industry, Marsh (MRSH - Free Report) , is yet to report results for the quarter ended March 2026.
This global professional services firm providing strategy, risk and people solutions is expected to post quarterly earnings of $3.22 per share in its upcoming report, which represents a year-over-year change of +5.2%. The consensus EPS estimate for the quarter has been revised 0.5% lower over the last 30 days to the current level.
Marsh's revenues are expected to be $7.39 billion, up 4.6% from the year-ago quarter.
Concentrix CNXC shares are dropping after missing Q1 earnings expectations and providing disappointing Q2 guidance. The company reported a 6.5% year-over-year decline in non-GAAP EPS to $2.61, while its non-GAAP operating margin decreased by 180 basis points to 11.8%. These declines are attributed to mix shifts, capacity investments, and evolving client demand trends.
Key Q1 Highlights:
Revenue increased by about 2% in constant currency to $2.5 billion, driven by strong performance in banking (+13%) and retail/travel/e-commerce (+6%) due to large transformational deals and client share gains. Media & communications grew by 3%, supported by global entertainment demand. However, technology & consumer electronics and healthcare both saw a 6% decline due to weaker volumes, automation impacts, and changes in end-market dynamics like Medicare membership shifts. Margin pressure resulted from upfront investments in AI solutions, excess capacity, and a shift toward offshore delivery and higher-value contracts, which initially compress profitability. Lower-than-expected client volumes, especially in healthcare and tech, along with offshore migration, negatively impacted revenue and margins.Q2 guidance was disappointing, with EPS projected at $2.57-$2.69 and revenue between $2.46-$2.49 billion, indicating only 1-2% growth in constant currency and continued margin pressure (11.8%-12.1%). Geopolitical uncertainty, uneven client demand, and ongoing volume softness contribute to this outlook.
Analyst Insight:
Concentrix's CNXC weak Q1 profitability and soft Q2 outlook reflect challenges in transitioning to AI-enabled, higher-value services. Strategic initiatives like expanding the iX Suite and increasing exposure to complex, tech-driven contracts are gaining traction but creating short-term headwinds due to upfront investment costs and delayed margin realization. Demand in banking and travel remains strong, and management highlights robust AI bookings and pipeline momentum. However, persistent volume softness in healthcare and tech, offshore mix shifts, and macro/geopolitical caution affect near-term visibility. Despite reaffirmed FY26 guidance suggesting a second-half recovery, investor skepticism persists due to the lack of near-term earnings leverage.
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].
Concentrix trades at extremely low valuation multiples, but its deep value is tempered by significant debt concerns. Concentrix continues to post organic revenue growth, though guidance for FY'26 was modestly below consensus on both the top and bottom lines. GAAP profitability and cash flow are materially lower than non-GAAP figures. Debt service further constrains shareholder returns.
Concentrix Corporation is rated Hold as it undergoes a complex, costly transition to AI-driven customer experience solutions, with investor confidence shaken by execution risks. Despite a 5.4% YoY revenue increase and a forward P/E of ~2x, CNXC faces margin pressure, negative Q1 free cash flow, and high leverage, justifying its deep discount. Q2 guidance remains below consensus, and the investment thesis now hinges on a second-half 2026 recovery in margins and cash flows to validate the turnaround.
Concentrix reported quarterly adjusted earnings of $2.61 per share, which missed the Street estimate of $2.65. Quarterly revenue was $2.500 billion, up by 5.4% year-over-year (Y/Y), above the analyst consensus estimate of $2.492 billion.
Concentrix expects second-quarter revenue of $2.460 billion to $2.485 billion (versus $2.490 billion consensus estimate) and adjusted EPS of $2.57 to $2.69 (versus $2.76 consensus estimate).
The company reiterated fiscal 2026 revenue of $10.035 billion to $10.180 billion (versus a consensus estimate of $10.132 billion) and adjusted EPS of $11.48 to $12.07 (versus a consensus estimate of $11.87).
Concentrix shares fell 6.9% to close at $24.67 on Wednesday.
These analysts made changes to their price targets on Concentrix following earnings announcement.
Baird analyst David Koning maintained Concentrix with an Outperform rating and lowered the price target from $52 to $40. Canaccord Genuity analyst Luke Morison maintained the stock with a Buy and cut the price target from $80 to $55. Barrington Research analyst Vincent Colicchio maintained Concentrix with an Outperform rating and lowered the price target from $62 to $38. Considering buying CNXC stock? Here’s what analysts think:
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Most good investments start when the crowd is moving in the opposite direction of what you are buying. Right now, it feels like Wall Street is punishing anything with "AI" in the pitch deck, rotating out of tech into energy and consumer staples, and convincing itself the party is over.
I'll be honest. I don't mind seeing this artificial intelligence (AI) pullback. I've been saying for a while that AI stock valuations have gotten ahead of themselves. To be clear, that doesn't mean AI isn't real or durable -- it absolutely is -- but the level of hype, aggressive funding rounds, and stretched multiples was getting a bit excessive.
That said, being skeptical of all the hype doesn't mean value isn't present. As capital rotates and sentiment cools, opportunities start to show up in places the market isn't paying attention to.
Here are two under-the-radar AI stocks I'd actually be buying into this wave of fear.
Image source: Getty Images.
1. Clearfield Clearfield (CLFD +1.30%) is a Minneapolis-based fiber connectivity company with no debt, $157 million in cash, and a new product line targeting AI infrastructure demand. The company just launched its NOVA Platform, a modular, high-density fiber ecosystem designed specifically for data center environments where AI workloads live.
In simple, easy-to-digest terms, this platform makes it easier to install and expand fiber cables that power internet and data centers, especially as demand from AI and faster networks continues to grow. It offers a plug-and-play setup that lets companies add more connections quickly without special tools or complex changes, saving time, space, and costs.
The company's CEO said it plainly in Q1 2026: "The NOVA product line positions Clearfield to leverage the demand for higher fiber density driven by data center deployments, low latency applications, and AI."
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Revenue grew 16% year over year in Q1 to $34.3 million, with gross margins expanding 400 basis points to 33.2%. Full-year guidance sits at $160 million to $170 million.
The NOVA platform is built for operators who need to scale without rebuilding, which is every AI data center operator alive today.
I don't think the market has priced the company's potential in yet, probably because Clearfield's community broadband roots make it easy to dismiss as a boring rural telecom story. Because of this, I think this is a safe bet for 2026.
2. Concentrix Most people hear "business process outsourcing" and tune out. That misunderstanding is exactly why Concentrix (CNXC 0.11%) has looked so cheap.
But Tuesday's sell-off following its latest earnings release changes the tone a little bit. Concentrix has fallen roughly 38% so far in 2026 and now trades at around $26 per share -- 60% below its 52-week high of $65.04 set in March 2025. A $1,000 investment in Concentrix shares five years ago would be worth just $206 today.
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The stock dropped over 22% after fiscal Q1 2026. Revenue was fine at $2.5 billion (up 5.4% year over year), but margins told the real story. Concentrix's operating margin fell to 4.7% from 7.1%, EPS missed, and guidance came in weak.
In a fragile macro AI backdrop, that's enough to crush sentiment, especially with the Federal Reserve still cautious and costs rising.
In the short term, with this ticker, the risks are clear. There is margin pressure, a soft outlook, and high volatility. But if you zoom out longer term, I still think this ticker has some upside this year, especially after a 20% sell off.
Concentrix has a new iX Hello platform that is deploying agentic AI (think emotionally aware, multilingual systems) in production with clients like Nespresso. NelsonHall recently named it a leader in GenAI-powered transformation, with measurable efficiency gains.
At approximately 10x earnings, the market is pricing in disruption. But if Concentrix becomes the layer that brings AI into real customer interactions, that narrative flips.
It's messy and volatile, but after this drop, the risk/reward is starting to favor buyers willing to ride it out. Once this ticker finds some local lows, it will be safe to invest in for the rest of 2026.
Concentrix (NASDAQ: CNXC - Get Free Report) and BrightView (NYSE: BV - Get Free Report) are both small-cap business services companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, analyst recommendations, risk, profitability, institutional ownership, valuation and earnings. Insider and Institutional Ownership 90.3% of Concentrix shares
BrightView (NYSE:BV – Get Free Report) and Concentrix (NASDAQ:CNXC – Get Free Report) are both small-cap business services companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, dividends, institutional ownership, risk and earnings.
Analyst Ratings This is a breakdown of recent ratings and price targets for BrightView and Concentrix, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score BrightView 3 2 2 2 2.33 Concentrix 1 1 3 0 2.40 BrightView currently has a consensus target price of $14.68, indicating a potential upside of 25.37%. Concentrix has a consensus target price of $48.50, indicating a potential upside of 77.85%. Given Concentrix’s stronger consensus rating and higher probable upside, analysts plainly believe Concentrix is more favorable than BrightView.
Volatility & Risk BrightView has a beta of 1.29, meaning that its share price is 29% more volatile than the S&P 500. Comparatively, Concentrix has a beta of 0.5, meaning that its share price is 50% less volatile than the S&P 500.
Insider and Institutional Ownership 92.4% of BrightView shares are held by institutional investors. Comparatively, 90.3% of Concentrix shares are held by institutional investors. 2.8% of BrightView shares are held by company insiders. Comparatively, 0.9% of Concentrix shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Earnings and Valuation This table compares BrightView and Concentrix”s gross revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio BrightView $2.67 billion 0.41 $56.00 million ($0.02) -585.60 Concentrix $9.83 billion 0.17 -$1.28 billion ($21.55) -1.27 BrightView has higher earnings, but lower revenue than Concentrix. BrightView is trading at a lower price-to-earnings ratio than Concentrix, indicating that it is currently the more affordable of the two stocks.
Profitability This table compares BrightView and Concentrix’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets BrightView 1.90% 7.85% 2.98% Concentrix -13.35% 17.80% 5.45% Summary BrightView beats Concentrix on 8 of the 15 factors compared between the two stocks.
About BrightView (Get Free Report)
BrightView Holdings, Inc., through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance. Its customers' properties include corporate and commercial properties, homeowners associations, public parks, hotels and resorts, airport authorities, municipalities, hospitals and other healthcare facilities, educational institutions, restaurants and retail, and golf courses. This segment's customer base includes approximately 8,800 office parks and corporate campuses 7,100 residential communities, and 550 educational institutions. The Development Services segment offers landscape architecture and development services for new facilities and redesign projects. Its services include project design and management services, landscape architecture and installation, irrigation installation, tree moving and installation, pool and water features, sports field, and other services. BrightView Holdings, Inc. also operates as official field consultant to various league baseball. The company was founded in 1939 and is headquartered in Blue Bell, Pennsylvania.
About Concentrix (Get Free Report)
Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients’ customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company’s clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California.
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We investors are often on the lookout for promising stocks, and we can get ideas from stock recommendations we run across online and also by poking around. For example, you might spend some time at a mall, seeing which retailers seem to be doing a brisk business. You might also look into records of insider purchases and sales, to see which companies have insiders buying shares.
Here are a handful of dividend-paying stocks that some insiders have been buying recently.
Image source: Getty Images.
With a recent market value topping $1.7 trillion, Taiwan Semiconductor Manufacturing (TSM +0.73%) is a giant among semiconductor companies. While most such companies only design chips, Taiwan Semiconductor actually manufactures them. It's a dividend payer, too, with a recent dividend yield of 1.04%. That may seem paltry, but the payout is growing fast, having more than doubled over the past five years.
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3.06
Current Price
$
424.13
Over the past three months, there have been five insider trades (as of April 3), and all have been buys. None have been major, though, with each purchase between 1,000 and 3,000 shares.
Should you consider this stock for your portfolio? Yes, indeed. The company's shares seem reasonably priced at recent levels, and they have grown in value at an average annual rate of around 30% over the past decade and 25% over the past 15 years. The company has a monopoly on making chips used for artificial intelligence (AI) processing, among other things, and demand for that is soaring.
2. Concentrix Shares of customer-service specialist Concentrix (CNXC 0.11%) are also seeing insider activity, with 19 buys and 22 sales over the past three months. That may not seem promising, but note that 242,247 shares were bought, compared to 34,788 shares sold. Also, while it's hard to see insider buys as anything but promising, insiders can sell for many reasons other than a lack of faith in the company. They may just want to generate some cash, for instance -- to put a kid through college or buy a yacht.
Today's Change
(
-0.11
%) $
-0.03
Current Price
$
26.24
Among other things, the company operates call centers for lots of other companies -- and some are worrying about the effect of AI on its business. To counter that, Concentrix is moving many call centers abroad, to reduce its costs, and it's been investing in AI itself, as well.
Shares look undervalued at recent levels, with a forward-looking price-to-earnings (P/E) ratio of 2.3 well below the five-year average of 6.1. (Both of those are low numbers, by the way.) In its recently reported first quarter, Concentrix posted revenue up 5.4% year over year, though earnings were down. The company bought back roughly a million shares, too, and continued its dividend payments, which recently yielded 5.3%.
If you buy into Concentrix (after further research, of course), you should probably do so mainly for the hefty dividend income -- and not for breakneck growth. (Note, too, that there are lots of other promising dividend payers out there.)
3. Simon Property Group Simon Property Group (SPG +2.03%) is a real estate investment trust (REIT), and one of the largest operators of malls in America, at that. Over the past three months, it has had 14 insider buys and 14 sales, with about 8,000 shares bought vs. about 21,000 sold. That's not a promising ratio, but insiders will often sell simply to generate funds, and there's ample buying going on, along with the selling.
Today's Change
(
2.03
%) $
4.37
Current Price
$
219.23
The stock recently sported a dividend yield of 4.6%, and its payout has been growing at an average annual rate of about 11% over the past five years.
It's worth noting that the company recently lost its CEO of 30-plus years (to cancer) and his son has now taken the reins. The family owns a meaningful stake in the company -- topping 7% of shares -- so it's clearly incentivized to see the business grow.
Give this real estate stock some consideration -- not only for its dividend income, but also its growth prospects. It boasts a strong balance sheet, with more than 250 properties that it leases to long-term customers, many of which are retailers. Retailers are indeed facing some challenges, such as from e-commerce, but Simon boasts high-quality malls, outlets, and spaces that are extra desirable.
Any or all of these stocks could serve you well for years, delivering income. Take a closer look at any that pique your interest.
Investors in Concentrix Corporation (CNXC - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the April 17, 2026 $75 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Concentrix shares, but what is the fundamental picture for the company? Currently, Concentrix is a Zacks Rank #4 (Sell) in the Business – Services industry that ranks in the Top 39% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimates for the to-be-reported quarter, while none have dropped the estimates. The net effect has taken our Zacks Consensus Estimate for the to-be-reported quarter from $3.11 per share to $3.18 in that period.
Given the way analysts feel about Concentrix right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Cwm LLC trimmed its stake in Concentrix Corporation (NASDAQ:CNXC – Free Report) by 56.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 37,468 shares of the company’s stock after selling 49,042 shares during the period. Cwm LLC owned 0.06% of Concentrix worth $1,558,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Huntington National Bank raised its stake in shares of Concentrix by 6,011.1% in the 3rd quarter. Huntington National Bank now owns 550 shares of the company’s stock valued at $25,000 after acquiring an additional 541 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Concentrix by 532.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 620 shares of the company’s stock valued at $34,000 after acquiring an additional 522 shares in the last quarter. Quent Capital LLC bought a new position in shares of Concentrix in the 3rd quarter valued at approximately $29,000. Larson Financial Group LLC raised its stake in shares of Concentrix by 224.9% in the 3rd quarter. Larson Financial Group LLC now owns 692 shares of the company’s stock valued at $32,000 after acquiring an additional 479 shares in the last quarter. Finally, Rothschild Investment LLC raised its stake in shares of Concentrix by 14,980.0% in the 3rd quarter. Rothschild Investment LLC now owns 754 shares of the company’s stock valued at $35,000 after acquiring an additional 749 shares in the last quarter. 90.34% of the stock is owned by institutional investors.
Insider Buying and Selling In other Concentrix news, CFO Andre S. Valentine bought 2,500 shares of the stock in a transaction on Thursday, April 9th. The shares were purchased at an average price of $27.95 per share, with a total value of $69,875.00. Following the acquisition, the chief financial officer directly owned 89,066 shares of the company’s stock, valued at $2,489,394.70. This represents a 2.89% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Christopher A. Caldwell bought 1,000 shares of the stock in a transaction on Thursday, January 29th. The stock was acquired at an average cost of $37.07 per share, for a total transaction of $37,070.00. Following the acquisition, the chief executive officer directly owned 362,075 shares in the company, valued at approximately $13,422,120.25. The trade was a 0.28% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.90% of the company’s stock.
Analyst Upgrades and Downgrades A number of brokerages recently weighed in on CNXC. Robert W. Baird cut their price objective on Concentrix from $52.00 to $40.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 25th. Canaccord Genuity Group cut their price objective on Concentrix from $80.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Wall Street Zen downgraded Concentrix from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Barrington Research cut their price objective on Concentrix from $62.00 to $38.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 25th. Finally, Weiss Ratings downgraded Concentrix from a “hold (c-)” rating to a “sell (d)” rating in a research note on Thursday, January 29th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $48.50.
Read Our Latest Research Report on Concentrix
Concentrix Stock Performance CNXC opened at $26.17 on Friday. The firm has a market capitalization of $1.60 billion, a P/E ratio of -1.21, a price-to-earnings-growth ratio of 0.34 and a beta of 0.50. The stock’s 50 day moving average price is $30.06 and its two-hundred day moving average price is $36.50. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.43. Concentrix Corporation has a 12-month low of $24.27 and a 12-month high of $62.14.
Concentrix (NASDAQ:CNXC – Get Free Report) last released its earnings results on Tuesday, March 24th. The company reported $2.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.65 by ($0.04). The business had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.49 billion. Concentrix had a negative net margin of 13.35% and a positive return on equity of 17.80%. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period last year, the business earned $2.79 EPS. On average, equities analysts forecast that Concentrix Corporation will post 10.42 earnings per share for the current year.
Concentrix Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, April 24th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Friday, April 24th. This represents a $1.44 dividend on an annualized basis and a yield of 5.5%. Concentrix’s dividend payout ratio (DPR) is -6.68%.
About Concentrix (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.
Further Reading Five stocks we like better than Concentrix
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NEWARK, Calif., May 07, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, announced today that members of its senior management team will participate in several upcoming investor conferences:
20th Annual Needham Technology & Media Conference – on Thursday, May 14, 2026, Concentrix will offer a company presentation with question and answer session from 8:45 a.m. - 9:25 a.m. ET and will host investor meetings during the virtual event.J.P. Morgan 2026 Global Technology, Media and Communications Conference – on Monday, May 18, 2026, at the Westin Boston Seaport Hotel in Boston, MA, Concentrix will participate in a fireside chat from 11:45 a.m. - 12:20 p.m. ET and host investor meetings.20th Annual Barrington Research Virtual Spring Investment Conference – on Wednesday, May 27, 2026, Concentrix will host meetings with investors.Baird 2026 Global Consumer, Technology & Services Conference – on Tuesday, June 2, 2026 from 1:25 p.m. - 1:55 p.m. ET, Concentrix will offer its company presentation followed by investor meetings at the InterContinental New York Barclay Hotel in New York City.BofA Securities 2026 Global Technology Conference – on Thursday, June 4, 2026, at the Westin St. Francis Hotel in San Francisco, CA, Concentrix will participate in a fireside chat and host investor meetings. Institutional investors interested in a meeting should contact their representative at the conference host firm or email the Concentrix investor relations team. To view investor presentations and other financial information, please visit the Concentrix investor relations page of the company website.
About us: Powering a World That Works
Concentrix Corporation (NASDAQ: CNXC), a Fortune 500® company, is the global technology and services leader that powers the world’s best brands, today and into the future. We’re solution-focused, tech-powered, intelligence-fueled. Every day, we design, build, and run fully integrated, end-to-end solutions at speed and scale across the entire enterprise, helping over 2,000 clients solve their toughest business challenges. With unique data and insights, deep industry expertise, and advanced technology solutions, we’re the intelligent transformation partner that powers a world that works, helping companies become refreshingly simple to work, interact, and transact with. Delivering outcomes unimagined across every major vertical in 70+ markets. Virtually everywhere. Visit concentrix.com to learn more.
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., May 27, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced that it has expanded its partnership with enterprise software provider NiCE (NASDAQ: NICE), and reached Platinum status in NiCE’s 360 Partner Program, reflecting the depth of experience the teams have built together delivering agentic AI in complex and regulated environments.
Together, the companies help enterprises use agentic AI to support customers using voice and chat systems that tap into core data to resolve issues faster. The expanded partnership supports a shared focus on execution, reliability, and long-term enterprise value.
As enterprises roll out agentic AI, many struggle to use it at scale once it meets real systems and complexity. AI Agents may reason correctly, but automated interactions may break when they need to pull the right data, trigger actions, or keep a task moving across systems.
Concentrix and NiCE solve the real problem with AI: making it actually work in the business. NiCE Cognigy delivers enterprise-grade agentic AI designed for real-world deployment, while Concentrix enhances time-to-value through integration, orchestration, and operational expertise across large-scale enterprise ecosystems. Together, they power customer experiences that finish the job end to end, without handoffs, dead ends, or repeat conversations.
“Enterprises are past the point of testing agentic AI in isolation,” said Craig Gibson, Chief Growth Officer at Concentrix. “What matters now is that data and systems can be integrated into existing platforms, connected to enterprise data, and operated at scale. Our work with NiCE is focused on accelerating how enterprises operationalize agentic AI in real production environments, extending its impact across systems, data, and workflows to deliver measurable impact.”
“Deploying agentic AI at scale requires more than a strong platform,” said Dan Belanger, President, NiCE Americas. “Concentrix brings deep integration expertise and operational scale that help enterprises speed up and amplify the value of our agentic AI platform across enterprise systems. That ability to run and sustain AI in real environments is what makes this partnership successful.”
Concentrix gets AI ready for new realities. From data prep to operational optimization, the company helps organizations maximize the performance and impact of NiCE Cognigy in complex environments. Guided by its Agentic Operating Framework and hands-on deployment experience across regions and industries, Concentrix helps AI get smarter over time and deliver measurable results as part of how people and AI work together.
To learn more about how Concentrix helps enterprises put agentic AI to work, visit: https://www.concentrix.com/services-solutions/agentic-ai/
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.
About NiCE
NiCE (NASDAQ: NICE) is transforming the world with AI that puts people first. Our purpose-built AI-powered platforms automate engagements into proactive, safe, intelligent actions, empowering individuals and organizations to innovate and act, from interaction to resolution. Trusted by organizations throughout 150+ countries worldwide, NiCE’s platforms are widely adopted across industries connecting people, systems, and workflows to work smarter at scale, elevating performance across the organization, delivering proven measurable outcomes.
Trademark Note: NiCE and the NiCE logo are trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: www.nice.com/nice-trademarks.
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, the benefits of future agentic AI deployments, 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., June 03, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced it’s back on the Fortune 500® list for the third straight year, ranking #423, moving up 3 spots from last year. The recognition reflects Concentrix’ continued evolution as a go-to partner for leading brands, helping them connect people, technology, and AI to navigate one of the most significant technology shifts of our time.
“Making the Fortune 500® is a powerful reflection of the trust our clients place in us, the strength of our business and technology, alongside the dedication of our game-changers around the world,” said Chris Caldwell, President and CEO at Concentrix. “Right now, every company is under pressure to make intelligence work in the real world, turning AI ambition into operational performance. That shift is messy, complex, and happening fast. We’ve spent decades building the expertise, technology, and end-to-end capabilities to help our clients move with confidence and lead in their markets today and into the future.”
The Fortune 500® placement follows a strong year of recognition for Concentrix’ AI capabilities. The company earned multiple awards for its iX Hero™ agentic AI platform and its Agentic Operating Framework™, including TMC’s 2026 Customer Product of the Year, the Business Intelligence Group’s 2026 AI Excellence Award, and TMCnet’s inaugural AI Core Technology Award.
For more information, please visit https://www.concentrix.com.
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.
NEWARK, Calif., June 10, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced it will release the financial results of its fiscal second quarter 2026 after market close on Monday, June 29, 2026. The Company will also host a conference call and webcast with the investment community to discuss the financial results on Monday, June 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 such as an updated company presentation and new frequently asked questions document.
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.
Phillips Edison & Company, Inc. (PECO - Free Report) came out with quarterly funds from operations (FFO) of $0.69 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to FFO of $0.65 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of +2.92%. A quarter ago, it was expected that this company would post FFO of $0.66 per share when it actually produced FFO of $0.66, delivering no surprise.
Over the last four quarters, the company has surpassed consensus FFO estimates three times.
Phillips Edison & Company, which belongs to the Zacks REIT and Equity Trust - Retail industry, posted revenues of $190.74 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.72%. This compares to year-ago revenues of $178.31 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Phillips Edison & Company shares have added about 7.5% since the beginning of the year versus the S&P 500's gain of 4.3%.
What's Next for Phillips Edison & Company?While Phillips Edison & Company has outperformed 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 FFO outlook. Not only does this include current consensus FFO 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 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 estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Phillips Edison & Company was favorable. 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 #2 (Buy) for the stock. So, the shares are expected to outperform 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 FFO estimate is $0.68 on $188.74 million in revenues for the coming quarter and $2.74 on $763.2 million 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, REIT and Equity Trust - Retail is currently in the top 14% 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.
Another stock from the same industry, Simon Property (SPG - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 11.
This shopping mall real estate investment trust is expected to post quarterly earnings of $2.98 per share in its upcoming report, which represents a year-over-year change of +1%. The consensus EPS estimate for the quarter has been revised 0.3% higher over the last 30 days to the current level.
Simon Property's revenues are expected to be $1.57 billion, up 6.4% from the year-ago quarter.
Phillips Edison & Company, Inc. (PECO - Free Report) reported $190.74 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 7%. EPS of $0.69 for the same period compares to $0.21 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $187.52 million, representing a surprise of +1.72%. The company delivered an EPS surprise of +2.92%, with the consensus EPS estimate being $0.67.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Phillips Edison & Company performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Rental income: $186.28 million compared to the $182.11 million average estimate based on three analysts. The reported number represents a change of +7% year over year.Revenues- Other property income: $1.02 million compared to the $1.08 million average estimate based on three analysts. The reported number represents a change of -24.5% year over year.Revenues- Fees and management income: $3.45 million versus the three-analyst average estimate of $3.39 million. The reported number represents a year-over-year change of +23.8%.Net income (loss) per share- diluted: $0.24 versus $0.19 estimated by three analysts on average.View all Key Company Metrics for Phillips Edison & Company here>>>
Shares of Phillips Edison & Company have returned +3.8% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Phillips Edison & Company, Inc. just released its Q1, and the results came in ahead of expectations. The PECO release also included raised full-year guidance and a reaffirmation of its annual acquisition target. Shares have significantly outperformed the broader S&P 500 since my last bullish update in early January.
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.
Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Based in Cincinnati, Phillips Edison & Company, Inc. (PECO - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 13.44%. Currently paying a dividend of $0.33 per share, the company has a dividend yield of 3.22%. In comparison, the REIT and Equity Trust - Retail industry's yield is 4%, while the S&P 500's yield is 1.39%.
Looking at dividend growth, the company's current annualized dividend of $1.30 is up 3.8% from last year. Over the last 5 years, Phillips Edison & Company, Inc. has increased its dividend 5 times on a year-over-year basis for an average annual increase of 4.79%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Phillips Edison & Company's current payout ratio is 49%, meaning it paid out 49% of its trailing 12-month EPS as dividend.
Looking at this fiscal year, PECO expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $2.75 per share, which represents a year-over-year growth rate of 5.77%.
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, PECO is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
May 12, 2026 16:05 ET | Source: Phillips Edison & Company, Inc.
CINCINNATI, May 12, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors declared monthly dividend distributions of $0.1083 per share of the Company’s common stock payable on July 1, 2026 and August 4, 2026 to stockholders of record as of June 15, 2026 and July 15, 2026, respectively.
Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding.
Earlier in the day, PECO held its annual meeting of stockholders in a virtual-only format. At the annual meeting, PECO’s stockholders elected all of PECO’s directors: Jeffrey S. Edison; Leslie T. Chao; Elizabeth O. Fischer; Devin I. Murphy; Stephen R. Quazzo; Jane E. Silfen; John A. Strong; Anthony E. Terry; Parilee E. Wang; and Gregory S. Wood, to its Board of Directors for one-year terms. Stockholders also approved a non-binding, advisory resolution on the compensation of PECO’s named executive officers and ratified the appointment of Deloitte & Touche LLP as PECO’s independent registered public accounting firm for 2026.
Connect with PECO
For additional information, please visit https://www.phillipsedison.com/
Follow PECO on:
X at https://x.com/PhillipsEdison
Facebook at https://www.facebook.com/phillipsedison.co
Instagram at https://www.instagram.com/phillips.edison/; and
Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company/
About Phillips Edison & Company
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of March 31, 2026, PECO managed 326 shopping centers, including 299 wholly-owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the Company’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” “commit,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those projected or anticipated, including the risk factors and other risks and uncertainties described in the Company’s 2025 Annual Report on Form 10-K, filed with the SEC on February 10, 2026, as updated from time to time in the Company’s periodic and/or current reports filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Investors
Kimberly Green, Head of Investor Relations
(513) 692-3399, [email protected]
May 14, 2026 16:05 ET | Source: Phillips Edison & Company, Inc.
CINCINNATI, May 14, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will host its ICSC Recap webcast on Tuesday, May 26, 2026, at 2:00 p.m. Eastern Time. The event will be webcast only.
The PECO team will provide a recap of ICSC Las Vegas and discuss the current leasing environment. The webcast will feature PECO leaders from leasing, acquisitions and portfolio management.
ICSC is the member organization for the advancement of the shopping center industry. ICSC Las Vegas is a premier event that takes place annually in May. It is a two- to three-day gathering of dealmakers and industry experts who are driving innovation and evolution in commercial real estate.
Webcast Details: ICSC Recap with PECO
Date: Tuesday, May 26, 2026
Time: 2:00 p.m. Eastern Time
Webcast with Live Q&A: ICSC Recap with PECO 2026
A replay of the webcast will be posted within 24 hours after the conclusion of the live event to the Company’s website at https://investors.phillipsedison.com/.
Connect with PECO
For additional information, please visit https://www.phillipsedison.com/
Follow PECO on:
X at https://x.com/PhillipsEdison
Facebook at https://www.facebook.com/phillipsedison.co
Instagram at https://www.instagram.com/phillips.edison/; and
Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company/
About Phillips Edison & Company
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of March 31, 2026, PECO managed 326 shopping centers, including 299 wholly-owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Investors:
Kimberly Green, Head of Investor Relations
(513) 692-3399, [email protected]
Media:
Ben Williamson, Senior Vice President of Marketing
(513) 338-2899, [email protected]
May 15, 2026 07:30 ET | Source: Phillips Edison & Company, Inc.
CINCINNATI, May 15, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that Dan Sutherland has joined the Company as Vice President of Acquisitions for the West region encompassing Arizona, California, Nevada, Oregon and Washington.
Dan brings more than two decades of experience sourcing, structuring and executing retail real estate transactions across both public REITs and private equity platforms. He has demonstrated a consistent track record of identifying strategic investment opportunities and driving substantial portfolio growth across diverse markets.
Prior to joining PECO, Dan most recently served in a similar leadership role at Sterling Organization after holding senior leadership roles at Brixton Capital and Brixmor Property Group. Dan has led complex transaction strategies, negotiated large-scale deals and collaborated closely with executive leadership to drive portfolio performance. Over the course of his career, he has closed billions of dollars in real estate transactions and built extensive relationships across the investment and brokerage community.
“Dan is a highly respected industry leader with a proven ability to source and close complex transactions,” said Dave Wik, SVP of Acquisitions at PECO. “His deep relationships and strong execution capabilities will be instrumental as PECO continues to scale its acquisition platform and deliver long-term value for our shareholders.”
In his new role, Dan will be responsible for sourcing and executing investment opportunities that support PECO’s continued growth strategy, with a focus on high-quality, grocery-anchored shopping centers in growing suburban markets with strong demographics.
PECO’s acquisitions team is widely regarded as a best-in-class leader in the retail REIT sector, leveraging a disciplined, in-house approach to drive accretive growth through the targeted acquisition of high-quality, grocery-anchored shopping centers and Everyday Retail centers. With a proven ability to identify, underwrite and close complex transactions efficiently, the PECO team is expertly navigating high-growth suburban markets to expand a portfolio that boasts a ~95% grocery-anchored composition, the highest in the Shopping Center peer group.
About Phillips Edison & Company
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of March 31, 2026, PECO managed 326 shopping centers, including 299 wholly owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the Company’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” “commit,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those projected or anticipated, including the risk factors and other risks and uncertainties described in the Company’s 2025 Annual Report on Form 10-K, filed with the SEC on February 10, 2026, as updated from time to time in the Company’s periodic and/or current reports filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Connect with PECO
PECO Website
PECO on LinkedIn
PECO on X
Media:
Ben Williamson, SVP of Marketing
(513) 338-2899, [email protected]
Investors:
Kimberly Green, Head of Investor Relations
(513) 692-3399, [email protected]
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
Phillips Edison & Company, Inc. (PECO - Free Report) is headquartered in Cincinnati, and is in the Finance sector. The stock has seen a price change of 11.67% since the start of the year. The company is paying out a dividend of $0.33 per share at the moment, with a dividend yield of 3.27% compared to the REIT and Equity Trust - Retail industry's yield of 3.9% and the S&P 500's yield of 1.43%.
Looking at dividend growth, the company's current annualized dividend of $1.30 is up 3.8% from last year. Over the last 5 years, Phillips Edison & Company, Inc. has increased its dividend 5 times on a year-over-year basis for an average annual increase of 4.79%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Phillips Edison & Company's current payout ratio is 49%, meaning it paid out 49% of its trailing 12-month EPS as dividend.
Looking at this fiscal year, PECO expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $2.75 per share, representing a year-over-year earnings growth rate of 5.77%.
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout.
Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, PECO is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
Phillips Edison & Company, Inc. (PECO - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
As such, the Zacks rating upgrade for Phillips Edison & Company is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
For Phillips Edison & Company, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.
Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Phillips Edison & CompanyThis company is expected to earn $2.76 per share for the fiscal year ending December 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for Phillips Edison & Company. Over the past three months, the Zacks Consensus Estimate for the company has increased 0.6%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Phillips Edison & Company to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
May 27, 2026 16:05 ET | Source: Phillips Edison & Company, Inc.
CINCINNATI, May 27, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will present at Nareit REITweek on Wednesday, June 3, 2026 at 8:45 a.m. Eastern Time.
Presentation Details:
Date: Wednesday, June 3, 2026
Time: 8:45 a.m. - 9:15 a.m. Eastern Time
Speakers: Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield
Webcast: PECO Nareit's REITweek 2026 Investor Conference Presentation
A webcast replay will be available approximately one hour after the conclusion of the presentation using the same link.
Connect with PECO
For additional information, please visit https://www.phillipsedison.com/
Follow PECO on:
X at https://x.com/PhillipsEdison
Facebook at https://www.facebook.com/phillipsedison.co
Instagram at https://www.instagram.com/phillips.edison/; and
Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company/
About Phillips Edison & Company
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of March 31, 2026, PECO managed 326 shopping centers, including 299 wholly-owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Investors:
Kimberly Green, Head of Investor Relations
(513) 692-3399, [email protected]
