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Stock impact report

Concentrix's (NASDAQ:CNXC) Q1 Earnings Results: Revenue In Line With Expectations, Stock Soars [Yahoo! Finance]

Concentrix Corporation (CNXC) 
US:NYSE Investor Relations: ccrlp.investorroom.com
Company Research Source: Yahoo! Finance
The company expects next quarter's revenue to be around $2.38 billion, coming in 0.6% above analysts' estimates. Its non-GAAP profit of $2.79 per share was 7.8% above analysts' consensus estimates. Is now the time to buy Concentrix? Find out in our full research report Revenue: $2.37 billion vs analyst estimates of $2.36 billion (1.3% year-on-year decline, in line) Adjusted EPS: $2.79 vs analyst estimates of $2.59 (7.8% beat) Adjusted EBITDA: $374.2 million vs analyst estimates of $372.3 million (15.8% margin, 0.5% beat) The company slightly lifted its revenue guidance for the full year to $9.56 billion at the midpoint from $9.54 billion Management reiterated its full-year Adjusted EPS guidance of $11.48 at the midpoint Operating Margin: 7.1%, in line with the same quarter last year Free Cash Flow was -$49.21 million compared to -$102.9 million in the same quarter last year Market Capitalization: $2.91 billion “Our first quarter results demonstrate our progress as Show less Read more
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