Concentrix FY26 Q1 net income drops 69.3% to $21.6 million; revenue rises 5.4% to $2.5 billion

Reuters04-03

Concentrix FY26 Q1 net income drops 69.3% to $21.6 million; revenue rises 5.4% to $2.5 billion

Concentrix posted fiscal first-quarter net income of $21.6 million, down 69.3%, as diluted EPS fell to $0.33 from $1.04.
Revenue rose 5.4% to $2.5 billion, aided by a $82.1 million boost from foreign exchange.
Operating income dropped 29.8% to $118.6 million as gross margin narrowed 2.1 percentage points to 34.0%.
Adjusted EBITDA slipped to $348.2 million from $374.2 million, while operating cash flow swung to a $83.2 million outflow.
Capital returns included $43.2 million of share repurchases; Concentrix also declared a $0.36 per-share dividend payable May 5, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concentrix Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001803599-26-000122), on April 03, 2026, and is solely responsible for the information contained therein.

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