Core Insights - Concentrix Corporation has made its debut on the Fortune 500® list, securing the 499th position, marking a significant achievement in the company's history and reflecting its sustained growth and commitment to transformative solutions [1][2][3] Company Achievements - The inclusion in the Fortune 500® is a testament to the hard work and dedication of Concentrix's team, highlighting its position as a leading technology and services company that provides fully integrated, end-to-end solutions [2][3] - Concentrix has received multiple recognitions, including Brandon Hall Technology Awards for advancements in AI for Business Impact, Business Automation, and Sales Enablement, as well as accolades for its company culture, ranking among the top five global Best Places to Work for Women in 2023 [2] Financial Performance - The company's expansion in generative AI solutions, digital capabilities, and high-value services has contributed to its strong financial performance, reinforcing its role as a trusted partner to many leading global brands [3]

Core Insights - Concentrix Corporation will participate in several upcoming investor conferences, showcasing its commitment to engaging with the investment community [1][5] - The company emphasizes its role as a global technology and services leader, providing integrated solutions to over 2,000 clients across various industries [3] Conference Details - Concentrix will present at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on May 22, 2024, in Boston, MA [5] - The company is scheduled to present at the Baird 2024 Global Consumer, Technology & Services Conference on June 4, 2024, in New York City at 12:15 PM ET [5] - Concentrix will also participate in the BofA Securities 2024 Global Technology Conference on June 5, 2024, in San Francisco, CA, presenting at 4:00 PM PT [5] Company Overview - Concentrix is described as a human-centered, tech-powered, and intelligence-fueled organization, focused on transforming how companies connect and grow [3] - The company operates in over 70 markets, delivering solutions that address complex business challenges and enhance brand experiences [3]

, April 23, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC Concentrix + Webhelp Concentrix Concentrix Concentrix ""Concentrix Chris Caldwell ""Â Concentrix 2,000 Concentrix concentrix.com Concentrix Concentrix CorporationNASDAQ: CNXC) 2,000 70 concentrix.com 1933 27A 1934 21E 2023 11 30 10-K 2024 Concentrix Corporation ConcentrixWebhelpConcentrix + WebhelpConcentrix Webhelp Concentrix Concentrix Corporation Concentrix Concentrix CONTACT: Sara Buda Concentrix Corporation investor.relations@con ...

NEWARK, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a global technology and services leader that has been operating under the trade name of Concentrix + Webhelp, today announced its transition to the Concentrix name and continued evolution of its brand. A Media Snippet accompanying this announcement is available by clicking on this link. The Concentrix name is based on the concept of concentric circles, reflecting the company's focus on keeping its people and clients al ...

In the following table, the Company's revenue is disaggregated by primary industry verticals: 24 The Company has a 401(k) plan in the United States under which eligible employees may contribute up to the maximum amount as provided by law. Employees become eligible to participate in the 401(k) plan on the first day of the month after their employment date. The Company may make discretionary contributions under the plan. Employees in most of the Company's non-U.S. legal entities are covered by government mand ...

Concentrix Corporation (NASDAQ:CNXC) Q1 2024 Earnings Conference Call March 26, 2024 5:00 PM ET Company Participants David Stein - Vice President, Investor Relations Chris Caldwell - President & Chief Executive Officer Andre Valentine - Chief Financial Officer Conference Call Participants Joseph Vafi - Canaccord Genuity Ruplu Bhattacharya - Bank of America Divya Goyal - Scotiabank Vincent Colicchio - Barrington Research Operator Good day, and thank you for standing by. Welcome to the Concentrix Fiscal First ...

Revenue and Growth - Revenue for the three months ending May 31, 2024 is forecasted to be between $2,325,000 and $2,372,000, with proforma revenue growth ranging from -0.6% to 1.4%[13] - Proforma constant currency revenue growth for the three months ending May 31, 2024 is expected to be between 1.0% and 3.0%[13] - Revenue for Q1 2024 was $2,402.7 million, up 46.8% YoY from $1,636.4 million in Q1 2023[16] - Q2 2024 revenue is expected to be between $2.325 billion and $2.372 billion, with a 1% to 3% pro forma constant currency growth[19] - Full-year 2024 revenue is expected to range from $9.510 billion to $9.700 billion, with a 1% to 3% pro forma constant currency growth[20] - Total revenue for the three months ended February 29, 2024, was $2,402,748, representing a 47% increase compared to the same period in 2023[35] - Proforma constant currency revenue growth for the three months ended February 29, 2024, was 2.8%[38] Non-GAAP Financial Metrics - Non-GAAP operating income for the three months ended February 29, 2024 was $319,061, compared to $217,604 for the same period in 2023[11] - Adjusted EBITDA for the three months ended February 29, 2024 was $384,318, compared to $255,779 for the same period in 2023[11] - Non-GAAP net income attributable to common stockholders for the three months ended February 29, 2024 was $168,919, compared to $133,522 for the same period in 2023[9] - Non-GAAP diluted EPS for the three months ended February 29, 2024 was $2.57, compared to $2.59 for the same period in 2023[10] - Non-GAAP operating income for Q1 2024 was $319.1 million, a 46.6% increase YoY from $217.6 million[16] - Adjusted EBITDA for Q1 2024 was $384.3 million, up 50.2% YoY from $255.8 million[16] - Non-GAAP diluted EPS for Q1 2024 was $2.57, slightly down by 0.8% YoY from $2.59[16] - Non-GAAP operating margin for the three months ended February 29, 2024, remained stable at 13.3% compared to the same period in 2023[37] Profitability and Margins - Operating margin for Q1 2024 was 6.2%, down 330 bps YoY from 9.5%[16] - Adjusted EBITDA margin for Q1 2024 was 16.0%, up 40 bps YoY from 15.6%[16] - Operating margin for the three months ended February 29, 2024, was 6.2%, compared to 9.5% in the same period in 2023[37] - Adjusted EBITDA margin for the three months ended February 29, 2024, was 16.0%, up from 15.6% in the same period in 2023[37] Cash Flow and Financial Position - Free cash flow for the three months ended February 29, 2024 was -$102,929, compared to $64,296 for the same period in 2023[10] - Cash and cash equivalents decreased to $234,794 as of February 29, 2024, from $295,336 as of November 30, 2023[33] - Accounts receivable increased to $1,927,644 as of February 29, 2024, from $1,888,890 as of November 30, 2023[33] - Long-term debt increased to $5,034,109 as of February 29, 2024, from $4,939,712 as of November 30, 2023[33] Expenses and Compensation - Amortization of intangibles for the three months ended February 29, 2024 was $116,302, compared to $39,260 for the same period in 2023[11] - Share-based compensation for the three months ended February 29, 2024 was $21,646, compared to $16,754 for the same period in 2023[11] - Acquisition-related and integration expenses for the three months ended February 29, 2024 were $30,173, compared to $5,543 for the same period in 2023[11] Net Income and EPS - Net income for the three months ended February 29, 2024, was $52,102, a 41% decrease compared to the same period in 2023[35] - Q1 2024 diluted EPS was $0.76, a 54.8% decrease YoY from $1.68[16] Share Repurchase - The company plans to repurchase $100 million of its shares over the final three quarters of 2024[17] Gross Profit - Gross profit for the three months ended February 29, 2024, was $856,529, a 47% increase year-over-year[35]

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NEWARK, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a leading global provider of customer experience (CX) solutions and technology, plans to announce its fiscal first quarter 2024 financial results after market close on Tuesday, March 26, 2024. The Company also plans to host a conference call and webcast with the investment community to discuss the financial results that same evening on Tuesday, March 26, 2024, at 5:00 pm, Eastern Time. The live conference call webcast w ...

NEWARK, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a leading global provider of customer experience (CX) solutions and technology, plans to announce its fiscal first quarter 2024 financial results after market close on Tuesday, March 26, 2024. The Company also plans to host a conference call and webcast with the investment community to discuss the financial results that same evening on Tuesday, March 26, 2024, at 5:00 pm, Eastern Time. The live conference call webcast ...