From Financial Modeling Prep: 2025-03-27 12:11:00

Concentrix (NASDAQ:CNXC) stock surged 37% after beating Q1 earnings estimates with $2.79 per share and $2.37 billion in revenue, in line with expectations. Despite a 1.3% revenue decline, growth was positive at 1.3% on a constant currency basis. Adjusted EBITDA margin slightly decreased to 15.8%.

Investors are optimistic about Concentrix’s upbeat full-year guidance, expecting earnings per share between $11.18 and $11.77 for fiscal year 2025, surpassing the analyst consensus of $11.34. Revenue is projected to be between $9.49 billion and $9.64 billion. The company plans to generate $625 million to $650 million in adjusted free cash flow.

Concentrix also announced it will return over $240 million to shareholders through buybacks and dividends throughout the year, reinforcing its commitment to shareholder value. The company’s strategic momentum in generative AI and digital transformation services has contributed to its positive outlook for the future.



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