secwatch.observer — SEC 8-K summary
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Issuer:     Concentrix Corp (CNXC)
CIK:        0001803599
Form:       8-K
Filed at:   2023-07-17T23:59:59+00:00
Accession:  0001140361-23-034695
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Concentrix files Webhelp financials for pending acquisition; Q1 2023 revenue €678M, adj. EBITDA €387.9M (U.S. GAAP)
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- FY2022 adj. EBITDA €376.3M (U.S. GAAP); LTM Mar 2023 adj. EBITDA €387.9M ($404.1M).
- Q1 2023 revenue €678.3M (+15.1% YoY); net profit €14.7M (down from €20.4M in Q1 2022).
- Non-current financial liabilities €1.74B; cash and equivalents €350.5M as of Mar 31, 2023.
- Transaction announced Mar 29, 2023; subject to regulatory and Concentrix shareholder approvals.
- Top revenue verticals in Q1 2023: e-commerce/retail €162.1M, telecom €104.1M, digital/high-tech €106.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803599/000114036123034695/0001140361-23-034695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803599/000114036123034695/ny20009688x1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-034695

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