Concentrix Corp (CNXC) Form 8-K — Sep 29, 2026
Concentrix reported Q3 FY2026 revenue of $2,453.7 million, down 1.2% year over year, but took a $1,050.0 million non-cash goodwill impairment charge tied to its own depressed stock trading range and market capitalization, producing a GAAP net loss of $(988.1) million and diluted EPS of $(16.24). On an adjusted basis the quarter was solid: non-GAAP EPS rose 5.0% to $2.92, non-GAAP operating margin expanded 30 bps to 12.6%, and the company generated a record Q3 $268.2 million in operating cash flow. The Board also raised the quarterly dividend to $0.37 per share.
Key figures
- Eps
- -16.24
- Guidance
- Q4 FY26 revenue $2.410B-$2.460B, non-GAAP EPS $2.86-$2.98; FY26 revenue $9.827B-$9.877B, non-GAAP EPS $10.97-$11.09, adjusted free cash flow $630M-$650M
- Revenue Yoy
- -1.2%
- Non gaap eps
- 2.92
- Free cash flow
- 268200000
- Adjusted ebitda
- 363000000
- Quarterly dividend
- $0.37 per share
- Goodwill impairment
- 1050000000
- Adjusted free cash flow
- 218300000
- Non gaap eps prior year
- 2.78
- Non gaap operating income
- 309000000
- Remaining buyback authorization
- 396600000
- Constant currency revenue decline
- -0.5%
AI analysis
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