secwatch.observer — SEC 8-K summary
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Issuer:     Concentrix Corp (CNXC)
CIK:        0001803599
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0001803599-23-000073
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Concentrix Q1 revenue up 6.5% to $1.64B; GAAP EPS down 19.6% to $1.68
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- Revenue $1,636.4M, up 6.5% YoY; non-GAAP operating margin expanded 20 bps to 13.3%.
- GAAP net income $87.9M ($1.68 diluted EPS) vs $110.3M ($2.09) prior year, down 20.3%.
- Adjusted EBITDA $255.8M (15.6% margin) vs $237.9M (15.5% margin) prior year.
- Cash from operations $103.9M; free cash flow $64.3M in the quarter.
- Declared $0.275 quarterly dividend payable May 9, 2023; repurchased 0.1M shares at avg $140.19.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803599/000180359923000073/0001803599-23-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803599/000180359923000073/cnxc-20230329.htm
  HTML page:      https://secwatch.observer/filing/0001803599-23-000073

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