Concentrix(CNXC)
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Concentrix Introduces Intelligent Experience Technology Product Suite with Launch of iX Hello™
GlobeNewswire News Room· 2024-09-25 20:06
Core Insights - Concentrix Corporation has launched iX Hello, a GenAI-powered self-service application aimed at enhancing productivity and engagement quality while ensuring high security [1][5] - iX Hello serves as a versatile solution for businesses, enabling the creation of virtual assistants for various applications, including data analysis and language translation [2][4] Product Features - iX Hello integrates with leading Large Language Models (LLMs) and internal data sources, providing a cost-effective way to improve productivity and work quality in a secure environment [2][4] - The application supports over 90 languages for market-ready copy translation, data analysis, and content summarization, among other functionalities [4] - Built-in innovations allow companies to create GenAI experiences that align with their brand voice and vocabulary [4] Strategic Importance - The launch of iX Hello is a significant milestone in Concentrix's product roadmap, leveraging decades of experience and insights from billions of customer interactions [5] - Concentrix is also offering a private preview of future iX Hello functionalities for select organizations, which includes approximately 40 pre-built virtual agents [5][6] Future Developments - Concentrix plans to introduce additional technology products in the iX suite in the coming months, indicating a commitment to expanding its AI and GenAI capabilities [6]
Concentrix Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-09-25 20:05
Delivers revenue above the midpoint of guidance and profit within guidance range Returns $60 million to shareholders in the quarter through share repurchases and dividends and raises quarterly dividend by 10% Introduces iX Hello™, the Company's first commercial product launch, reflecting the Company's accelerated AI investments NEWARK, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal th ...
Concentrix: Hardly Growing Post-Merger (Rating Downgrade)
Seeking Alpha· 2024-09-19 07:35
Company Overview - Concentrix (NASDAQ: CNXC) is set to report its Q3 financial results on September 25th [1] - The company has been under review since the author's initial article, with a focus on long-term performance [1] Investment Strategy - The author prefers a long-term investment horizon, typically 5-10 years [1] - The investment portfolio is diversified, including growth, value, and dividend-paying stocks, with a particular emphasis on value stocks [1] - The author occasionally engages in selling options as part of the investment strategy [1]
Concentrix Schedules Release of Third Quarter 2024 Financial Results and Webcast of Investor Conference Call
GlobeNewswire News Room· 2024-09-05 20:05
Core Insights - Concentrix Corporation plans to announce its fiscal third quarter 2024 financial results after market close on September 25, 2024 [1] - A conference call and webcast will be held on the same evening to discuss the financial results [1] Company Overview - Concentrix Corporation is a Fortune 500® company and a global leader in technology and services, helping over 2,000 clients with integrated solutions [3] - The company focuses on human-centered, tech-powered, and intelligence-fueled services, aiming to transform how companies connect and grow [3] - Concentrix operates across 70+ markets, delivering outcomes across various major verticals [3]
Concentrix Sets Bold Goals to Support People and Planet in New Sustainability Report
GlobeNewswire News Room· 2024-07-08 14:00
NEWARK, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced the release of its 2024 Sustainability Report - The Power Of One, detailing the company's progress toward supporting its people, local communities and planet, and evolving its strategy for a more sustainable future. 3. Building trust – build and foster trust by acting with integrity in everything we do. Always. Concentrix employees (called game-changers) will work ...
Concentrix Sets Bold Goals to Support People and Planet in New Sustainability Report
Newsfilter· 2024-07-08 14:00
NEWARK, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a global technology and services leader, today announced the release of its 2024 Sustainability Report - The Power Of One, detailing the company's progress toward supporting its people, local communities and planet, and evolving its strategy for a more sustainable future. Concentrix has committed to take bold action to create a more sustainable tomorrow and has already exceeded many of its 2025 sustainability goals. Now, ...
Concentrix(CNXC) - 2024 Q2 - Quarterly Report
2024-07-05 12:02
Evaluation of disclosure controls and procedures Based on the evaluation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as required by Rules 13a-15(b) or 15d-15(b) under the Exchange Act, our principal executive officer and principal financial officer have concluded that, as of the end of the period covered by this report, our disclosure controls and procedures were effective to ensure that information required to be disclosed by Concentrix in ...
Concentrix(CNXC) - 2024 Q2 - Earnings Call Transcript
2024-06-26 23:52
Concentrix Corporation (NASDAQ:CNXC) Q2 2024 Earnings Conference Call June 26, 2024 5:00 PM ET Company Participants Sara Buda - Vice President of Investor Relations Chris Caldwell - President and Chief Executive Officer Andre Valentine - Chief Financial Officer Conference Call Participants Joseph Vafi - Canaccord Genuity Ruplu Bhattacharya - Bank of America Securities Divya Goyal - Scotiabank Vincent Colicchio - Barrington Research Operator Good day, everyone, and thank you for standing by. Welcome to the C ...
Concentrix Corporation (CNXC) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-06-26 22:25
This quarterly report represents an earnings surprise of 2.67%. A quarter ago, it was expected that this company would post earnings of $2.58 per share when it actually produced earnings of $2.57, delivering a surprise of -0.39%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Over the last four quarters, the company has surpassed consensus EPS estimates two ...
Concentrix(CNXC) - 2024 Q2 - Quarterly Results
2024-06-26 20:09
Foreign currency losses (gains), net are included in other expense (income), net and primarily consist of gains and losses recognized on the revaluation and settlement of foreign currency transactions and realized and unrealized gains and losses on derivative contracts that do not qualify for hedge accounting. The reported amounts for non-GAAP net income and non-GAAP EPS for the three- and six- months ended May 31, 2024 include adjustments to exclude these foreign currency losses (gains), net, which were no ...