Concentrix Q2 revenue $1.57B (+14.5% YoY); GAAP EPS $2.14, non-GAAP $2.93

Concentrix Corp

2022-Q2 EPS reported $4.23 revenue$3,104,153,000

Revenue $1,568.1M (+14.5% YoY); GAAP EPS $2.14 (+36.3%), non-GAAP EPS $2.93 (+23.6%).
Adjusted EBITDA $249.9M, margin 15.9% (+70 bps); operating cash flow $167.5M.
Declared $0.25 quarterly dividend payable Aug 9, 2022 to holders of record July 29, 2022.
Repurchased 0.4M shares for $57.8M in Q2; remaining buyback authorization $417.1M.
CEO cites increased FX headwinds and client shifts offshore, but confident in growth and margins.

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