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0.00232378001549195 -0.000774593338497272 -0.00774593338497286 -0.00619674670797832 -0.018590240123935 -0.00890782339271884 0.0104570100697134 -0.021688613477924
Stock impact report

Concentrix Q1 Earnings Call Highlights [Yahoo! Finance]

Concentrix Corporation (CNXC) 
US:NYSE Investor Relations: ccrlp.investorroom.com
Company Research Source: Yahoo! Finance
basis) with banking (+13%) and travel/e-commerce (+6%) leading growth while technology and healthcare declined about 6%; management guided Q2 revenue of $2.46–$2.485 billion and expects margin compression in H1 followed by expansion in H2. AI and iX suite momentum accelerated: technology-led wins rose 61% YoY, signed annual contract value for AI solutions more than doubled sequentially, the company closed roughly 60 enterprise iX deals (including two large Fortune 50 contracts), and it expects iX ARR to be at or above $100 million by year end. Adjusted free cash flow was negative $145 million due to quarter-end receivable timing but full-year FCF guidance remains $630–$650 million; Concentrix issued $600 million of three-year notes to refinance near-term debt, ended the quarter with net debt of about $4.51 billion, and is targeting to reduce net leverage to below 2.6x adjusted EBITDA by the end of fiscal 2026. Interested in Concentrix Corporation? Here are five stocks we like be Show less Read more
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