Concentrix reports strong Q3 earnings with revenue of $2.4 billion, introduces new AI product.

From GlobeNewswire: 2024-09-25 16:05:00

Concentrix Corporation (NASDAQ: CNXC) reported revenue of $2,387.4 million for Q3 2024, up 46.2% YoY. Operating income was $153.2 million, with diluted EPS of $0.25. The company introduced iX Hello™, its first commercial AI product. Concentrix returned $60 million to shareholders through repurchases and dividends, increasing the dividend by 10%. The company plans to repurchase $30 million of common stock in Q4.



Read more at GlobeNewswire:: Concentrix Reports Third Quarter 2024 Results