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Concentrix falls on dour quarterly forecast

ReutersMar 24, 2026 12:07 PM

Customer experience firm Concentrix's CNXC.O shares fall 8.3% to $30.29 premarket

Forecasts Q2 adjusted EPS between $2.57 and $2.69 vs analysts' avg. estimate of $2.76 per share - data compiled by LSEG

Expects Q2 revenue between $2.46 bln and $2.49 bln, mid point of which is slightly below estimates of $2.49 bln

Q1 adjusted profit falls 10.6% to $168.2 mln

Up to last close, stock has fallen 20.5% so far this year

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