Welcome to our dedicated page for Concentrix news (Ticker: CNXC), a resource for investors and traders seeking the latest updates and insights on Concentrix stock.
Concentrix Corporation (NASDAQ: CNXC) is frequently in the news as a global technology and services company focused on customer experience, AI, and intelligent transformation. Its news flow often centers on quarterly and annual financial results, new AI capabilities, and recognition from industry analysts and research firms.
Investors following CNXC news can see regular earnings announcements, where Concentrix reports revenue, operating income, non-GAAP operating income, adjusted EBITDA, cash flow from operations, and non-GAAP diluted EPS. These releases may also discuss dividends, share repurchases, and guidance for future periods, providing context on how the company views its business outlook and capital allocation.
Beyond financial updates, Concentrix issues news about new AI frameworks and products, such as its Agentic Operating Framework™ and pre-built conversational AI agents, as well as enhancements to its Intelligent Experience (iX) Product Suite. These stories highlight how the company is applying AI to customer experience, sales, and marketing, and often include client examples and references to certifications in AI governance, privacy, and security.
CNXC news also features third-party recognition, including assessments from firms like Everest Group and HFS Research that discuss Concentrix’s position in customer experience management, B2B sales services, and digital marketing and sales services. For readers interested in how AI, CX, and large-scale business services are evolving, the Concentrix news stream offers insight into both operational performance and product and service developments. Bookmark this page to review the latest press releases, analyst-recognized milestones, and updates on the company’s AI and customer experience initiatives.
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Concentrix Corporation (NASDAQ: CNXC) reported strong financial results for Q1 FY2021, with revenue reaching $1,353.3 million, a 13.9% increase from the prior year. Operating income soared to $134.9 million, representing 10% of revenue, while non-GAAP operating income rose to $176.6 million (13.1% margin). Net income grew by 69.8% to $88.8 million, and diluted EPS increased to $1.69, up 67.3%. The company anticipates above 10% constant-currency revenue growth and margins surpassing pre-COVID levels for FY2021, driven by strong demand across markets.
Concentrix Corporation (NASDAQ: CNXC) will release its fiscal Q1 2021 financial results after market close on March 24, 2021. The company will hold a conference call on March 25, 2021, at 9:00 AM ET to discuss these results. Concentrix is a leading provider of customer experience solutions, working with over 95 Global Fortune 500 clients. Their services span various industries, including technology, retail, finance, and healthcare.
Concentrix (Nasdaq: CNXC) has launched VOC Essentials, a cost-effective solution aimed at enhancing the Voice of the Customer (VOC) experience. Available since February 9, 2021, this platform integrates advanced SaaS technology with customer engagement best practices to deliver real-time feedback and actionable insights. Key functionalities include AI-powered analytics, open-end analysis for at-risk customers, and real-time reporting for quicker issue resolution. Targeting industries like financial services, telecom, and retail, VOC Essentials aims to improve customer loyalty while reducing operational costs.
Concentrix Corporation (NASDAQ: CNXC) reported a 7.3% revenue increase to $1,300.9 million for Q4 2020, compared to $1,212.8 million in Q4 2019. Operating income rose 18.4% to $120.2 million. Full-year revenue was $4,719.5 million, a slight 0.2% increase from 2019, with net income growing 40.6% to $164.8 million. Despite growth, non-GAAP operating income and adjusted EBITDA declined compared to the previous year. CEO Chris Caldwell expressed optimism about 2021, citing opportunities for innovation and value creation for shareholders.
Concentrix Corporation (NASDAQ: CNXC) will announce its fourth quarter and full year fiscal 2020 financial results on January 11, 2021, after market close. A conference call is scheduled for January 12, 2021, at 9:00 am ET to discuss these results. The call will be available via a live webcast in the Investor Relations section of the Concentrix website, with a replay accessible afterward. Concentrix is a global leader in customer experience solutions, serving over 95 Global Fortune 500 clients across various industries.
Concentrix Corporation (NASDAQ: CNXC), a global leader in customer experience (CX) solutions, has successfully separated from SYNNEX Corporation as of December 1, 2020. This marks its debut as an independent publicly traded company. Concentrix boasts approximately $4.7 billion in annual revenue and serves over 95 Global Fortune 500 clients across more than 275 global locations. The separation allows the company to pursue innovations and investments to enhance client and shareholder value. Regular trading under the ticker CNXC commenced on the same date.