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

Issuer:     Concentrix Corp (CNXC)
CIK:        0001803599
Form:       8-K
Filed at:   2026-09-29T20:10:45+00:00
Accession:  0001803599-26-000147
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Concentrix Q3 revenue $2.45B (-1.2% YoY); $1.05B goodwill impairment drives $16.24 GAAP EPS loss, non-GAAP EPS $2.92
--------------------------------------------------------------------------------

- Q3 revenue $2,453.7M, down 1.2% YoY (down 0.5% constant currency); non-GAAP operating income $309.0M (12.6% margin) vs $305.1M (12.3%) a year ago.
- GAAP operating loss $(910.3)M and net loss $988.1M include a $1,050.0M non-cash goodwill impairment tied to the stock's trading range and market cap; GAAP diluted EPS $(16.24) vs $1.34.
- Non-GAAP diluted EPS $2.92 vs $2.78 (+5.0%); Adjusted EBITDA $363.0M (14.8% margin) vs $359.2M (14.5%). Company says it exceeded profitability guidance.
- Record third-quarter cash from operations of $268.2M and adjusted free cash flow of $218.3M.
- Dividend raised to $0.37/share from $0.36, payable Nov 3, 2026 to holders of record Oct 23; no buybacks in Q3, $396.6M remaining repurchase authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803599/000180359926000147/0001803599-26-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803599/000180359926000147/cnxc-20260929.htm
  HTML page:      https://secwatch.observer/filing/0001803599-26-000147

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