Concentrix ($CNXC) Q2 EPS Misses; Revenue Climbs YoY

On Monday, Concentrix (NASDAQ: CNXC) reported its second-quarter results after market close.

The company recorded adjusted earnings of $2.63 per share for the quarter, which fell short of analyst expectations and represented a 2.6 percent decline from a year earlier.

Revenue for the quarter reached $2.46 billion, slightly below the analyst estimate of $2.47 billion, but it increased by 1.7 percent compared to the previous year.

The company reported second quarter non-GAAP operating margin of 11.9 percent.

In its outlook, Concentrix provided fiscal year 2026 profit guidance in the range of $10.83 to $11.18 per share, compared with analyst expectations of $11.97 per share. Sales guidance was set between $9.93 billion and $10.03 billion, versus consensus estimates of $10.14 billion.

For the third quarter of fiscal year 2026, the company projected earnings expectations in the range of $2.65 to $2.77 per share, compared with analyst expectations of $3.08 per share. Sales expectations were set between $2.47 billion and $2.49 billion, against consensus estimates of $2.53 billion.

The Board of Directors declared a quarterly dividend of $0.36 per share, payable on August 4, 2026, to shareholders of record at the close of business on July 24, 2026.

Chris Caldwell, President and CEO of Concentrix, commented, “Our second quarter marked an acceleration in many areas in the evolution of our business. Our blended AI and services approach is delivering value to clients by lowering their costs and increasing their revenue, helping us differentiate ourselves in the marketplace.”