11:58 AM EDT, 06/27/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and the first paragraph.)

Concentrix ( CNXC ) shares were up 11% in recent Thursday trading, a day after the company posted higher fiscal Q2 non-GAAP diluted earnings and revenue.

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.

Price: 64.45, Change: +6.43, Percent Change: +11.08