financetom
Business
financetom
/
Business
/
Concentrix Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal Q3, 2024 Guidance Set
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Concentrix Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal Q3, 2024 Guidance Set
Jun 26, 2024 1:51 PM

04:40 PM EDT, 06/26/2024 (MT Newswires) -- Concentrix ( CNXC ) reported fiscal Q2 non-GAAP diluted earnings Wednesday of $2.69, up from $2.63 a year earlier.

Analysts surveyed by Capital IQ expected $2.63.

Revenue for the quarter ended May 31 was $2.38 billion, up from $1.61 billion a year earlier.

Analysts polled by Capital IQ expected $2.35 billion.

Concentrix ( CNXC ) expects fiscal Q3 non-GAAP EPS of $2.76 to $3.04 on revenue of $2.35 billion to $2.40 billion. Analysts surveyed by Capital IQ expect non-GAAP EPS of $3.23 on revenue of $2.38 billion.

For fiscal year 2024, the company expects non-GAAP EPS of $11.40 to $12.07 on revenue of $9.58 billion to $9.68 billion. Analysts polled by Capital IQ expect non-GAAP EPS of $11.92 on revenue of $9.60 billion.

Shares of Concentrix ( CNXC ) were up 2.6% in after-hours activity.

Price: 59.51, Change: +1.49, Percent Change: +2.57

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved