From Barchart: 2025-06-27 15:11:00

Concentrix (NASDAQ:CNXC) shares dropped 7.5% after reporting mixed Q2 2025 results. Revenue slightly beat expectations at $2.42 billion, but net income fell 37% to $42.1 million, resulting in an EPS of $0.63. Non-GAAP EPS of $2.70 missed estimates due to temporary program pauses and investments. Despite raising full-year revenue guidance, concerns about profitability linger. The market views this news as significant but not game-changing. Concentrix is up 18.8% YTD but still 31.5% below its 52-week high. Consider adding CNXC to your watchlist for timely updates on stock movements.



Read more at Barchart: Why Concentrix (CNXC) Shares Are Sliding Today