earnings
confidence high
sentiment positive
materiality 0.75
Concentrix Q3 revenue $1.58B (+13.1% YoY); non-GAAP EPS $2.95; dividend raised 10%
Concentrix Corp
2022-Q3 EPS reported
$6.28
revenue$4,683,755,000
- Revenue $1,579.6M (+13.1% YoY, +7.5% constant currency); non-GAAP operating margin 14.0% (+100 bps).
- GAAP diluted EPS $2.04 (down 1.9% YoY); non-GAAP diluted EPS $2.95 (+18.5% YoY).
- Adjusted EBITDA $258.4M (16.4% margin, +100 bps YoY); cash from operations $152.6M, free cash flow $126.4M.
- Quarterly dividend raised 10% to $0.275/share, payable Nov 8, 2022 to holders of record Oct 28, 2022.
- Repurchased 0.4M shares for $50.3M in Q3; remaining authorization $366.8M as of Aug 31, 2022.