secwatch.observer — SEC 8-K summary
======================================

Issuer:     Concentrix Corp (CNXC)
CIK:        0001803599
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001803599-26-000084
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Concentrix Q1 revenue up 5.4% but GAAP EPS drops 68% to $0.33, margins shrink
-----------------------------------------------------------------------------

- Revenue $2,500.4M (+5.4% YoY); operating income $118.6M (-29.8%); GAAP EPS $0.33 (-68.3%).
- Non-GAAP operating income $295.0M (-8.2% YoY); Non-GAAP EPS $2.61 (-6.5%).
- Adjusted EBITDA $348.2M (13.9% margin, -190bps YoY); cash used in ops $83.2M.
- Declared $0.36 quarterly dividend payable May 5; repurchased 1M shares for $42M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803599/000180359926000084/0001803599-26-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803599/000180359926000084/cnxc-20260324.htm
  HTML page:      https://secwatch.observer/filing/0001803599-26-000084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer