secwatch.observer — SEC 8-K summary
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Issuer:     Concentrix Corp (CNXC)
CIK:        0001803599
Form:       8-K
Filed at:   2022-06-27T23:59:59+00:00
Accession:  0001803599-22-000102
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803599/000180359922000102/0001803599-22-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803599/000180359922000102/cnxc-20220627.htm
  HTML page:      https://secwatch.observer/filing/0001803599-22-000102

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer