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BUZZ-Concentrix down after downbeat Q1 forecast

ReutersJan 15, 2025 9:21 PM

Shares of customer experience firm Concentrix CNXC.O fall 6.3% to $44.5 in after-hours trading

Company sees Q1 revenue between $2.36 bln and $2.37 bln, while analysts expect revenue of $2.41 bln, according to data compiled by LSEG

Concentrix sees adj. EPS between $2.49 to $2.64, vs ests. of $2.85

For Q4, CNXC posted revenue of $2.45 bln, largely in line with estimates

Company reports Q4 adj. EPS of $3.26, vs ests. of $3.01

CNXC had fallen 60% in 2024

(Reporting by Juby Anna Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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