Concentrix Corp (CNXC) Form 8-K — Jun 29, 2026
Concentrix Corporation reported financial results for the second quarter ended May 31, 2026, with revenue increasing 1.9% year-over-year to $2.46 billion. Despite the revenue growth, GAAP operating income fell 35.7% to $95.4 million due to significant acquisition-related and restructuring expenses of $65.5 million. Non-GAAP diluted EPS was $2.63, compared to $2.70 in the prior year period. The company generated record-high second quarter cash flow from operations of $258 million and adjusted free cash flow of $242 million.
Key figures
- Eps
- 0.86
- Revenue
- 2462500000
- Guidance
- Full year reported revenue of $9.925 billion to $10.025 billion; Non-GAAP diluted EPS of $10.83 to $11.18
- Net Income
- 55276000
- Revenue Yoy
- 1.9%
- Cash Position
- 255566000
- Non Gaap EPS
- 2.63
- Dividend Per Share
- 0.36
- Adjusted Free Cash Flow
- 242300000
- Remaining Repurchase Authorization
- 396600000
Price after filing
Close on the filing date to close N calendar days later (from $22.52). Historical, not a forecast.
AI analysis
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