Concentrix Q3 revenue up 3.4% to $1.63B; raises dividend 10% to $0.3025/share

Concentrix Corp

2023-Q3 EPS reported $4.67 revenue$4,883,944,000

GAAP EPS $1.49 (down 27% YoY); non-GAAP EPS $2.71 (down 8.1%).
Free cash flow $167.5M, up 32% YoY; operating cash flow $211.4M.
Board declares Q4 dividend of $0.3025/share (10% increase), payable Nov 7.
Repurchased 0.3M shares at avg $84.35; remaining authorization $312.1M.
Combination with Webhelp complete; vendor consolidation trend cited as growth driver.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Concentrix Corp reported third quarter ended August 31, 2023 results: revenue $1,632.8 million, net income $77.6 million, EPS $1.49.

Period: third quarter ended August 31, 2023
Revenue: $1,632.8 million
Net income: $77.6 million
EPS: $1.49
Result: reported results

Exact text from the filing

accompanying financial tables for the reconciliation of each non-GAAP measure to its most directly comparable GAAP measure. Third Quarter Fiscal 2023 Highlights: • Revenue was $1,632.8 million, up 3.4% from the prior year third quarter, including a de minimis impact of foreign exchange rates compared with the prior year period, compared with $1,579.6 million in the

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Source: SEC EDGAR

accession 0001803599-23-000191

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