Topic 1: Financial Performance - Revenue increased by 15% year-over-year, driven by strong sales in the Asia-Pacific region [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8%, primarily due to increased marketing and R&D investments [3]. Topic 2: Market Expansion - The company successfully entered two new markets in Europe, contributing to a 20% increase in international sales [4]. - A new distribution center was opened in South America to support regional growth [5]. - Strategic partnerships were formed with local retailers in Southeast Asia to enhance market penetration [6]. Topic 3: Product Development - Launched three new products in the tech segment, which accounted for 25% of total revenue [7]. - R&D spending increased by 10% to accelerate innovation and product differentiation [8]. - Customer feedback on the new product line has been overwhelmingly positive, with a 90% satisfaction rate [9]. Topic 4: Operational Efficiency - Implemented a new ERP system, reducing operational costs by 5% [10]. - Streamlined supply chain processes, resulting in a 15% reduction in delivery times [11]. - Employee training programs were enhanced, leading to a 20% improvement in productivity [12]. Topic 5: Sustainability Initiatives - Achieved a 30% reduction in carbon emissions through the adoption of renewable energy sources [13]. - Launched a recycling program that has successfully recycled 50% of the company's waste [14]. - Committed to achieving net-zero emissions by 2030, with interim targets set for 2025 [15]. Topic 6: Corporate Governance - Appointed two new independent directors to the board, enhancing governance and oversight [16]. - Implemented a new whistleblower policy to ensure ethical practices across the organization [17]. - Conducted a comprehensive review of corporate policies, resulting in updated compliance guidelines [18].

Company Performance - Concentrix Corporation delivered better-than-expected EPS figures [1] - The company made beneficial commentaries about its GenAI product suite [1] Market Growth - The AI in customer experience market is experiencing exponential growth with a CAGR close to 22% [1] - This growth is likely to enhance Concentrix Corporation's revenue growth [1] Analyst Background - The analysis is provided by an ex-investment banker with around 11 years of industry experience [1] - The analyst focuses on value investments, typically buying companies that trade at close to 10x earnings and offer dividend yield [1] - The analyst mainly researches small caps and mid caps from the United States, Canada, South America, UK, France, and Germany [1]

Forward-Looking Statements and Non-GAAP Measures - The company does not undertake to update forward-looking statements due to new information or future expectations, events, or developments [1] - The call contains forward-looking statements addressing expected future performance, which may be materially different due to uncertainties [4] - Non-GAAP financial measures discussed include adjusted free cash flow, non-GAAP operating income, non-GAAP operating margin, adjusted EBITDA, adjusted EBITDA margin, non-GAAP net income, non-GAAP EPS, and constant currency metrics [3] Conference Call Details - The call is for Concentrix Corporation's Q4 2024 earnings, held on January 15, 2025, with participants including Sara Buda (VP of IR), Chris Caldwell (President and CEO), and Andre Valentine (CFO) [2] - The call is the property of Concentrix and cannot be recorded or rebroadcast without written permission [4]

See non-GAAP reconciliations included in the accompanying financial tables for the reconciliation of each non-GAAP measure to its most directly comparable GAAP measure. (1) Fourth Quarter Fiscal 2024 Highlights: • Delivers revenue growth at the high end of previous guidance range for the quarter • Returns $220 million to shareholders in fiscal 2024 through share repurchases and dividends • Gains market traction with new iX GenAI productivity applications • Introduces 2025 guidance indicating revenue growth, ...

Delivers revenue growth at the high end of previous guidance range for the quarterReturns $220 million to shareholders in fiscal 2024 through share repurchases and dividendsGains market traction with new iX GenAI productivity applicationsIntroduces 2025 guidance indicating revenue growth, margin and free cash flow expansionIncreases share repurchase authorization to $600 million NEWARK, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, ...

Concentrix Corporation (CNXC) is scheduled to release fourth-quarter fiscal 2024 results on Jan. 15, after market close.See Zacks Earnings Calendar to stay ahead of market-making news.CNXC surpassed the Zacks Consensus Estimate in two of the past four quarters and missed twice, the earnings surprise being 2.3%, on average.Concentrix’s Q4 ExpectationsThe Zacks Consensus Estimate for revenues is pegged at $9.6 billion, suggesting a 35.2% increase from the year-ago quarter’s actual. The top line is estimated t ...

Concentrix Corporation CNXC will release its fourth-quarter financial results after the closing bell on Wednesday, Jan. 15.Analysts expect the Newark, California-based company to report quarterly earnings at $3.01 per share, down from $3.36 per share in the year-ago period. Concentrix projects quarterly revenue of $2.44 billion, compared to $2.23 billion a year earlier, according to data from Benzinga Pro.On Sept. 25, Concentrix reported quarterly earnings of $2.87 per share, which missed the analyst consen ...

NEWARK, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, plans to announce its fourth quarter and full year fiscal 2024 financial results after market close on Wednesday, January 15, 2025. The Company also plans to host a conference call and webcast with the investment community to discuss the financial results on Wednesday, January 15, 2025, at 5:00 pm, Eastern Time. The live conference call webcast will be available in listen-only mo ...

Chris Caldwell, President and CEO of Concentrix, to discuss AI's transformative impact on the customer experienceCompany to showcase leading-edge technologies at Stand 0404-16, FIL1 Pavilion 1 NEWARK, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, announced today that it will offer new insights into how AI and intelligent experiences are reshaping industries at Web Summit 2024, the world’s premier tech conference in Lisbon, Portugal ...

Editor's note: Seeking Alpha is proud to welcome Kingfisher Research as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.Like the common kingfisher or Alcedo Atthis searches for small fish, I research small, and medium cap companies in Europe, the United States, and South America. You can find a common kingfisher in my profile.With close to 14 years in th ...