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Concentrix Corporation (CNXC) Misses Q1 EPS Estimates

CNXC|EPS $2.61 vs $2.70 est (-3.3%)|Rev $2.50B|Net Income $21.6M

Concentrix Corporation reported first-quarter fiscal 2026 results that fell short of Wall Street expectations, with adjusted earnings of $2.61 per share missing the consensus estimate of $2.70 by 3.3%. The global customer experience solutions provider generated $2.50B in revenue for the quarter, representing growth of 5.4% year-over-year as the company continued expanding its integrated CX platform across worldwide markets.

Bottom-line profit came in at $21.6M for the period. The revenue performance was bolstered by constant currency revenue growth of 1.9%, indicating resilient underlying demand despite foreign exchange headwinds. Retail, travel and e-commerce emerged as the strongest performing segment, delivering $649.4M in revenue with an 11.0% year-over-year increase as consumer-facing industries invested heavily in customer experience capabilities.

Management provided guidance for the upcoming quarter with adjusted earnings per share projected between $2.57 and $2.69. Revenue expectations were set in a range of $2.46B to $2.48B for the next quarter, suggesting the company anticipates sequential moderation in top-line momentum.

A detailed analysis of Concentrix Corporation’s quarter follows shortly on AlphaStreet.

This article was generated with the assistance of AI technology and reviewed for accuracy. AlphaStreet may receive compensation from companies mentioned in this article. This content is for informational purposes only and should not be considered investment advice.

The post Concentrix Corporation (CNXC) Misses Q1 EPS Estimates first appeared on Alphastreet.

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