earnings
confidence high
sentiment neutral
materiality 0.70
Concentrix Q1 revenue $2.4B (+46.8% YoY), GAAP EPS $0.76 (-54.8%), non-GAAP EPS $2.57 (-0.8%)
Concentrix Corp
2024-Q1 EPS reported
$0.76
revenue$2,402,748,000
- Revenue $2,402.7M, up 46.8% YoY; proforma constant currency growth of 2.8%.
- GAAP diluted EPS $0.76 (down 54.8%), non-GAAP diluted EPS $2.57 (down 0.8% YoY).
- Adjusted EBITDA $384.3M (16.0% margin) vs $255.8M (15.6% margin) a year ago.
- Company confirms full-year FY2024 outlook; commits to $100M share repurchases over remaining 3 quarters.
- Board declares $0.3025 per share quarterly dividend payable May 7, 2024, to holders of record Apr 26.