earnings
confidence high
sentiment neutral
materiality 0.80
Concentrix Q4 rev $2.45B (+9.7% YoY); GAAP EPS $1.72; buyback auth raised to $600M
Concentrix Corp
2024-FY EPS reported
$3.71
revenue$9,618,900,000
- Q4 revenue $2,448M (+9.7% YoY); FY2024 revenue $9,619M (+35.2% YoY, includes acquisitions).
- GAAP operating margin 5.9% (down 220bps); Non-GAAP op margin 14.2% (down 110bps) on GenAI investments.
- GAAP diluted EPS $1.72 vs $1.09; Non-GAAP diluted EPS $3.26 vs $3.36.
- Adjusted EBITDA Q4 $402.9M (16.5% margin); FY adjusted free cash flow $474.5M.
- Quarterly dividend $0.33275/sh payable Feb 11; share repurchase authorization increased to $600M.