secwatch.observer — SEC 8-K summary
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Issuer:     Concentrix Corp (CNXC)
CIK:        0001803599
Form:       8-K
Filed at:   2024-09-25T23:59:59+00:00
Accession:  0001803599-24-000150
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Concentrix Q3 revenue $2.39B beats guidance; raises dividend 10%
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- Revenue $2,387.4M, +46.2% YoY; pro forma const cur rev growth 2.6%. GAAP EPS $0.25, Non-GAAP EPS $2.87 +4% YoY.
- Q3 GAAP operating income $153.2M, down 5.6% on higher amortization and Webhelp integration costs.
- Non-GAAP op margin 13.9% vs 14.1% prior year; Adj EBITDA $388.1M (16.3% margin).
- Board raised quarterly dividend to $0.33275/share from $0.3025, a 10% increase; paid $39.1M on 0.6M share repurchases.
- Launched iX Hello, GenAI product for productivity/engagement; no specific revenue guidance provided for Q4 or FY24.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803599/000180359924000150/0001803599-24-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803599/000180359924000150/cnxc-20240925.htm
  HTML page:      https://secwatch.observer/filing/0001803599-24-000150

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