secwatch.observer — SEC 8-K summary
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Issuer:     Concentrix Corp (CNXC)
CIK:        0001803599
Form:       8-K
Filed at:   2024-06-26T23:59:59+00:00
Accession:  0001803599-24-000125
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Concentrix Q2 revenue $2.38B (+47% YoY), beats expectations; raises FY2024 revenue guidance
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- Revenue $2,380.7M, up 47.4% YoY; GAAP EPS $0.98 (down 35%), non-GAAP EPS $2.69 (up 2.3%).
- Adjusted free cash flow $201.9M; operating cash flow $238.3M; returned $60M via buybacks ($40.3M) and dividends.
- Board declared $0.3025/share dividend payable Aug 6, 2024; share repurchase authorization $227.2M remains.
- Webhelp integration on track; raised full-year 2024 revenue guidance and reaffirmed adjusted free cash flow outlook.
- Non-GAAP operating margin 13.5% vs 13.7% prior year; adjusted EBITDA margin 15.9% vs 16.0%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803599/000180359924000125/0001803599-24-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803599/000180359924000125/cnxc-20240626.htm
  HTML page:      https://secwatch.observer/filing/0001803599-24-000125

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