Concentrix falls on dour quarterly forecast

Concentrix

24/03/2026 12:07

** 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

 (Reporting by Anhata Rooprai in Bengaluru)

 ((Anhata.Rooprai@thomsonreuters.com))