Concentrix Reports Second Quarter 2025 Results
From GlobeNewswire: 2025-06-26 16:10:00
Concentrix Corporation (NASDAQ: CNXC) exceeded revenue guidance for the quarter, with revenue of $2,417.4 million, a 1.5% increase year-on-year. The company generated $200 million in adjusted free cash flow and expects to return over $240 million to shareholders in fiscal 2025 through share repurchases and dividends. Concentrix remains on track to deliver $625 million to $650 million of adjusted free cash flow for the year.
The Company reported operating income of $148.3 million, or 6.1% of revenue, in the second quarter, compared to $150.2 million, or 6.3% of revenue, in the prior year’s second quarter. Non-GAAP operating income was $303.7 million, or 12.6% of revenue, compared to $321.1 million, or 13.5% of revenue in the prior year’s second quarter. Adjusted EBITDA was $357.3 million, or 14.8% of revenue, compared with $379.6 million, or 15.9% of revenue in the prior year second quarter.
Concentrix forecasts third-quarter revenue of $2.445 billion to $2.470 billion, with constant currency revenue growth ranging from 1.0% to 2.0%. The Company expects operating income of $162 million to $172 million and non-GAAP operating income of $318 million to $328 million for the third quarter. For the full year fiscal 2025, Concentrix expects revenue of $9.720 billion to $9.815 billion, with constant currency revenue growth of 1.0% to 2.0%.
Concentrix anticipates generating approximately $625 million to $650 million of adjusted free cash flow in fiscal year 2025. The Company also plans to return approximately $240 million to shareholders in fiscal 2025 through share repurchases and dividends. For more information, visit the Concentrix website at https://ir.concentrix.com/events-and-presentations.
Read more at GlobeNewswire:: Concentrix Reports Second Quarter 2025 Results