Concentrix Posts Downbeat Earnings, Joins Legacy Education, Kingsoft Cloud And Other Big Stocks Moving Lower In Friday's Pre-Market Session - Apellis Pharmaceuticals (NASDAQ:APLS), Concentrix (NASDAQ:
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Friday.Shares of Concentrix Corporation (NASDAQ: CNXC) fell sharply in pre-market trading after the company reported worse-than-expected third-quarter adjusted EPS results and cut its FY25 adjusted EPS guidance below estimates.Concentrix reported quarterly earnings of $2.78 per share, which missed the Street estimate of $2.86. Quarterly revenue came in at $2.48 billion, which beat the analyst consensus estimate of $2.45 ...