---
schema_version: "secwatch.filing_event.v1"
accession: "0001803599-23-000144"
form_type: "8-K"
ticker: "CNXC"
cik: "0001803599"
company_name: "Concentrix Corp"
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:39:21.204692+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Concentrix Q2 revenue up 3% to $1.61B; GAAP EPS $1.51, non-GAAP EPS $2.69

## Summary
- Revenue $1,614.7M (+3% YoY); operating margin 10.1% vs 10.0% a year ago.
- GAAP net income $78.9M (-30% YoY); non-GAAP net income $140.6M (-9% YoY).
- Adjusted EBITDA $258.8M (16.0% margin); free cash flow $101.3M in Q2.
- Quarterly dividend of $0.275 declared, payable Aug 8, 2023; $339.1M remaining buyback authorization.
- Management cites margin expansion and AI progress; notes some client volumes below expectations.

## SEC filing metadata
- accession: 0001803599-23-000144
- form_type: 8-K
- ticker: CNXC
- cik: 0001803599
- company_name: Concentrix Corp
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803599/000180359923000144/0001803599-23-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803599/000180359923000144/cnxc-20230628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001803599-23-000144
- JSON: https://secwatch.observer/filing/0001803599-23-000144.json
- Plain text: https://secwatch.observer/filing/0001803599-23-000144.txt

## Key facts
- Earnings Releases
  Concentrix Corp reported second quarter ended May 31, 2023 results: revenue $1,614.7 million, net income $78.9 million, EPS $1.51.
  - Period: second quarter ended May 31, 2023
  - Revenue: $1,614.7 million
  - Net income: $78.9 million
  - EPS: $1.51
  - Result: reported results
  source text: accompanying financial tables for the reconciliation of each non-GAAP measure to its most directly comparable GAAP measure. Second Quarter Fiscal 2023 Highlights: • Revenue was $1,614.7 million, up 3.0% from the prior year second quarter, including a 1.6-point negative impact of foreign exchange rates compared with the prior year period, compared with $1,568.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803599/000180359923000144/0001803599-23-000144-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.